Cost volume analysis deals only with costs while break-even analysis deals with both costs and revenues

A company purchased 400 units for $30 each on January 31. It purchased 95 units for $40 each on February 28. It sold 150 units for $55 each from March 1 through December 31

If the company uses the last-in, first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system.) A) $5,450 B) $3,800 C) $12,000 D) $15,800

Agents differ from distributors in that agents ________

A) do not assist in invoice collection B) do not take title to the goods C) add channel value where thousands of customers are involved D) pay directly to exporters