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elena55 [62]
2 years ago
5

In the scenario from question 1, no product was lost or consumed so the net balance remained the same. Why would an organization

need to account for location changes of their inventory? Provide a Mathematical example to support your rationale.
Business
1 answer:
Iteru [2.4K]2 years ago
4 0

Organization need to account for location changes of their inventory because the control of Inventory helps them to know the amount of inventory  that they have.

<h3>What is inventory location?</h3>

An Inventory locations is known to be seen as places where inventory is said to be saved and where it is distributed.

Note that Organization need to account for location changes of their inventory because the control of Inventory helps them to know the maximum amount of profit as it is gotten from the least amount of investment in stock without influencing customer satisfaction.

Therefore, Profit = Amount of  stocks available - inventory sold.

Learn more about Inventory from

brainly.com/question/24868116

#SPJ1

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Jessica Weller, a senior manager at DigWell Inc., differentiates the annual pay raises provided to her subordinates based on the
Nat2105 [25]

Answer:

Merit pay

Explanation:

Merit pay refers to an increase in salary that people receive based on the performance they had according to goals or guidelines that were previously established. According to this, the answer is that the type of reward system used by Jessica is an example of merit pay because she determines the pay raises that her subordinates receive according to their performance.

5 0
3 years ago
Stock Company has 2,000 units in beginning work in process inventory, 20% complete as to conversion costs, 23,000 units transfer
ss7ja [257]

Answer:

B. 26,000, 24,000.

Explanation:

Stock Company

Equivalent units

Particulars                 Units       % of Completion           Equivalent Units

                                                   Mat. Conversion          Mat.  Conversion

Transferred Out      23000         100         100           23000      23000

<u>Ending WIP              3000            100       331/3%       3000        999.9= 1000</u>

<u>Total Equivalent units                                                  26000        24000</u>

<u />

The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.

Equivalent units for materials 26000

and Equivalent units for conversion are: 24000

3 0
4 years ago
Using these data from the comparative balance sheet of Sunta Fe Spice Company, perform horizontal analysis. (Round percentages t
frozen [14]

Answer:

75000,25%;

18000, 30%.

420000, 15%.

Explanation:

From the question above we are given the following parameters Accounts receivable for year 2017 = $ 375,000,

Inventory for the year 2017 = 780,000 and the Total assets for the year 2017 = 3,220,000.

Accounts receivable for year 2016 = $ 300,000, inventory for the year 2016 = 600,000 and the Total assets for the year 2016 = 2,800,000.

Therefore, we have the following simple arithmetic(which is subtraction between the variables in the two years) to determine the solution to the question:

(375,000 - 300,000) = 75,000 = 25%(increase).

(780,000 - 600,000) = 180,000 = 30%(Increase).

(3,220,000 - 2,800,00) = 420,000 = 15%(increase).

8 0
3 years ago
Read 2 more answers
To set its sales force​ size, a company can first group accounts into different classes according to​ size, account​ status, or
solmaris [256]

Answer: Workload

Explanation:

The workload approach is one of the type of method that set the size of the sales force and also helps to reduce the complexity.

  • It higher the volume of the products for establish the practice between the customers and manufacturing the products.
  • The workload approach mainly focus on the various types of management issue such as marketing communication, market sharing goals and the pricing and the investment.  

Therefore, Workload approach is the correct answer.

3 0
3 years ago
At the start of the year, your firm's capital stock equaled $100 million, and at the end of the year it equaled $105 million. Th
saw5 [17]

Answer:

The answer is D.

Explanation:

Net investment equals Gross investment minus depreciation.

Net investment equals Investment at the beginning of the year minus Investment at the end of the year.

Net investment = $105 million - $100 million.

Net investment = $5million.

Depreciation = 20% of investment at the start of the year

= 20% of $100million

= $20million.

Gross investment is therefore,

$5million + $20million

=$25 million

4 0
3 years ago
Read 2 more answers
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