The inventory level will be used by an inventory
manager to regulate the optimal time for manufacturing, if they are handling
a manufacturer's warehouse, or to demand more if the product is being stored as
stock at a store.
To solve this:
Get first the Current Assets this solved by multiplying the
current liabilities to the current ratio.
CA = $500 (1.5) = $750
Then get the inventory level by multiplying the current
asset to the product of the current liabilities and quick ratio.
Inventory level = $750 (500 x 1.1) = $412,500
Answer:
To control food safety hazards within a food business in order to make sure that food is safe to eat.
Explanation:
Answer:
a.The ending work in process inventory is $ 146,575
Explanation:
To determine the ending work in process inventory, we need to do the following computations:
No of units in ending inventory 22,000 units
Material cost in ending inventory
22,000 units * 100 % (completion) * $ 2.65 $ 58,300
Conversion costs in ending inventory
22,000 units * 75 % (completion) * $ 5.35 <u> $ 88,275</u>
Total value of Ending work in process inventory <u> $ 146,575</u>
Answer:
b. Exclusive right to sell
Explanation:
-Net listing is when the agent is able to keep the difference when a property is sold for more than the asking price.
-Exclusive right to sell is when the seller gives the agent the right to market the property and accepts to pay the comission to the agent if the property is sold during the period of the listing.
-Open listing is when a property has different agents and the one that gets the buyer receives the comission.
-Exclusive agency is when the seller gives an agent the right to market a property but the seller is able to sell the property to a buyer that was not found by the agent and in that case, the seller doesn't have to pay the comission to the agent.
According to this, the answer is that the type of agreement that assures that a broker will receive compensation regardless of who procures the buyer is exclusive right to sell because the agent is granted the right to sell the property and the seller agrees to pay the comission if the property is sold during the time of the listing last and it doesn't matter who finds the buyer.