Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases
during the month of January were as follows: Quantity Unit Cost Total Cost Beginning inventory (Jan. 1) 16 $ 10 $ 160 Purchase (Jan. 11) 14 $ 12 168 Purchase (Jan. 20) 23 $ 15 345 Total 53 $ 673 - On January 14, Beech Soda, Inc. sold 25 units of this product. The other 28 units remained in inventory at January 31. Assuming that Beech Soda uses the LIFO cost flow assumption, the 28 units of this product in inventory at January 31 have a total cost of:
LIFO means last in first out. It means that it is assumed that it is the last purchased inventory that is the first to be sold.
There was a total of 53 inventories before any sales. The 25 units sold would be sold from the last purchased inventories. That is the inventory purchased on Jan 20 and 11.
most grow by expanding their present operations. some introduce and sell new but related products. others expand the sale of present precepts to new geographic markets or to new groups of consumers in geographic markets already served.
C. Backing up her points with general principles rather than data.
Explanation:
This is due to the fact that all the other options would not play well psychologically with the state of mind the employees are in other than letting them know the truth with the value of important principles attached to them.
The economic model of corporate social responsibility explains that a company should focus on providing their customers with the best product possible and they should manufacturing goods which public needs. The only way to benefit society is to leave society alone and work to provide market profit products that society needs. The management of online retail store is establishing a complete opposite framework.
