Tetra Co. uses the perpetual inventory system and a FIFO cost flow method. On January 1, the company purchased 2,400 units of inventory that cost $4.0 each. On January 12, the company purchased an additional 3,400 units of inventory at a cost of $3.10 each. On January 20, Tetra Company sold 4,400 units of inventory. Which of the following entries would be required to recognize the cost of goods sold on that date? a. Inventory 11,800
Cost of Goods sold 11,800

b. Cost of Goods sold 11,900
Inventory 11,900

c. Cost of Goods sold 11,800
Inventory 11,800

d. Inventory 11,900
Cost of Goods sold 11,900

1. Option A
2. Option B
3. Option C
4. Option D

What should a food worker use to retrieve ice from an ice machine?

On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)