Extended value of a stock item with unit cost 12.50 and 40 units?

Prepare for the ManageFirst Controlling Foodservice Cost Test. Study with carefully designed flashcards and multiple-choice questions, complete with hints and explanations. Equip yourself for the exam!

Multiple Choice

Extended value of a stock item with unit cost 12.50 and 40 units?

Explanation:
This question tests how to find the extended value of inventory by multiplying unit cost by quantity. With a unit cost of 12.50 and 40 units, you compute 12.50 × 40 = 500. So the extended value is 500. The other numbers aren’t the product of 12.50 and 40, so they don’t represent the extended value for this item.

This question tests how to find the extended value of inventory by multiplying unit cost by quantity. With a unit cost of 12.50 and 40 units, you compute 12.50 × 40 = 500. So the extended value is 500. The other numbers aren’t the product of 12.50 and 40, so they don’t represent the extended value for this item.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy