Jimmy's supervisor noticed that he was falling short on the number of setups he was required to complete for the production depa
rtment. The supervisor gave him some suggestions to improve his efficiency. The supervisor is doing which step of the control process? A. Compare performance to standards.
B. Establish standards.
C. Take corrective action.
D. Measure performance
E. Control productivity
According to the information given to us in the question, we can say that Jimmy's supervisor is taking corrective action when he gives Jimmy suggestions to improve his efficiency. We can determine this because Jimmy has been lacking in productivity and by giving him pointers on how to improve his productivity Jimmy's manager is taking action towards solving a problem.
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The cost of goods available for sale is the total cost of the inventory that a business has available during a period of time for sale. The cost of goods available for sale is calculated by adding the beginning inventory with the cost of goods purchased.
The cost of goods purchased during the year = 60400 - 3000 - 1100 + 600 = $56900
The cost of goods available for sale = Beginning inventory + cost of goods purchased
The cost of goods available for sale = 17200 + 56900 = $74100