Sheldon Company had 2,000 units of inventory costing $10,000…

Sheldon Company had 2,000 units of inventory costing $10,000 in beginning inventory at July 1st.  During July, Sheldon engaged in the following transactions: A. July 3rd – The company paid cash to purchase 1,000 units of inventory for $6,500. B. July 10th – The company paid cash to purchase 1,200 units of inventory for $8,400. C. July 24th – The company paid cash to purchase 250 units of inventory for $2,125. Throughout July, the company sold inventory 3,700 units of inventory for $44,400 cash.    Under average costing valuation method, what is the cost of goods available for sale?

Marissa and Cherise are both negotiating raises for position…

Marissa and Cherise are both negotiating raises for positions at the same level in their company. Marissa went into the negotiation asking for a $5,000 raise, while Cherise went into the negotiation asking for a $12,000 raise. Marissa’s raise ended up being $3,000 and Cherise’s raise ended up being $6,000. What heuristic might be at play in this situation?

Totally Optional Question You have the opportunity to earn u…

Totally Optional Question You have the opportunity to earn up to two extra points towards your score on this quiz. If there is something that you studied and knew well, but feel that it was not represented on this quiz, explain that concept or experiment or theory in four to five complete sentences. Note, please explain only one concept in full. Do not list a series of facts or different concepts. It is not sufficient to tell me you knew the concept, you have to explain the concept to me correctly to obtain additional points.