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As a general rule, the more convincing a toupee looks, the more it’ll cost. You know what they say: Good ain’t cheap and cheap usually ain’t good. ... Beyond costs, men’s toupees have ...
She buys machines A and B for 10 each, and later buys machines C and D for 12 each. All the machines are the same, but they have serial numbers. Jane sells machines A and C for 20 each. Her cost of goods sold depends on her inventory method. Under specific identification, the cost of goods sold is 10 + 12, the particular costs of machines A and C.
By 1970, Time magazine estimated that in the U.S., toupées were worn by more than 2.5 million men out of 17–20 million balding men. The increase was chalked up once again to further improvements in hairpiece technology, a desire to seem more youthful, and the long hairstyles that were increasingly in fashion.
Cost of goods available for sale is the maximum amount of goods, or inventory, that a company can possibly sell during an accounting period. It has the formula: [ 1 ] Beginning Inventory (at the start of accounting period) + purchases (within the accounting period) + Production (within the accounting period) = cost of goods available for sale
According to "The Menendez Murders," Lyle Menendez got the toupee two years earlier when his father told him his future was in politics, and "to be successful, he'd need a thick head of hair."
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