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3 years ago

Organizations use ________ to identify where their process expectations differ from sap capabilities. select one:

1 answer:

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Organizations use gap analysis to identify where their process expectations differ from sap capabilities.

A gap analysis allows a company to compare how they performed against what level of performance they would like to be at. This allows the company to see how close they are at achieving their goal and gives them a way to work on what they need to get there.

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Kiddie World uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost of goods sol

Sedbober [7]

Answer:

1. Cost to retail ratio = Cost of goods available for sale/ Retail value of goods available for sale

- Cost of goods available for sale = $430000 + $920000 + $62550 = $1412550

- Retail Value of goods available for sale = Retail value of inventory + Net Markup - Net Markdown = $565000 + $1340000 + $61000 - $31000 = $1935000

Cost to retail ratio = Cost of goods available for sale/Retail value of goods available for sale = ($1412550/$1935000)*100 = 73%

Sales value at retail = $1265000

So, Cost Of goods Sold = Sales Value at retail*Cost to retail ratio = $1265000*73% = $923,450

2. Ending Inventory Retail Value = Retail value of goods available for sale-Sales value at retail = $1935000 - $1265000 = $670,000

So, Cost of ending inventory = Ending inventory value at retail*Cost to retail ratio = $670000*73% = $489,100

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2 years ago

logistics plans are executed and altered over the many years of deployed operation, with operations and support (O

Maru [420]

Logistics Planning. Logistics is the process that creates value by timing and positioning inventory; it is the combination of a firm's order management, inventory, transportation, warehousing, materials handling, and packaging as integrated throughout a facility network.

<h3>How do I create a logistics plan?</h3>

Have Reliable and Good Suppliers. Every company needs to get products and materials needed to produce its product. ...
Optimize Inventory Management. ...
Integrate the Company Divisions. ...
Meet Deadlines and Keep your Word.

<h3>How long is a Air Force logistics Tech School?</h3><h3>27 days</h3>

This initial training is required for all non-prior service personnel and is 8.5 weeks long.

After graduation from basic training, you'll be sent to your tech school at Lackland Air Force Base (the same base as basic training), which is 27 days long.

Learn more about logistics here:

<h3>brainly.com/question/25743558</h3><h3 /><h3>#SPJ4</h3>

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1 year ago

Dave is a salaried employee who works in a gas station. He only earns from his job and has no other source of income. He gets a

Grace [21]

Answer:

In my opinion the most suitable answer is E. increase his sources of income to show a rise in his income after taxes

Explanation:

The reason is he could lower his expenses too, but for how long? Inflation is going to eat his salary away anyway possibly in 5 to 10 years so what Daventry ustock do is to create another source of income so that he is safe. Possibly through investing in income generating assets, real estate and possibly a side hustle! (A small time business)

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3 years ago

Although it does not explicitly endorse traditional gender roles, which sociological perspective implies that dividing tasks bet

Licemer1 [7]

The functionalist perspective is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.

<h3>What is a functionalist perspective?</h3>

This refers to the social view that our society is a relatively stable and orderly system composed of interdependent and interrelated parts

The key points about functionalist perspective are:

It view social change as a strain on the system
It attempts to explain social stability.

Hence, because the Functionalists believe that society is held together by social consensus where members of the society agree upon and work together to achieve, then, it is the sociological perspective that implies that dividing tasks between spouses is beneficial for the family unit even though it does not explicitly endorse traditional gender roles.

Read more about functionalist perspective

brainly.com/question/5963935

#SPJ1

3 0

2 years ago

Titon Sports, which produces footballs, has two departments: cutting and stitching. Footballs that have undergone the cutting pr

zhenek [66]

Answer:

We find the equivalent units for both Weighted Average Method and FIFO separately for cost calculations . These are given along as required.

Explanation:

Titon Sports

Equivalent Units

Weighted Average Method

Particulars Units % of Completion Equivalent Units

Materials --Conversion Materials --Conversion

Completed and

Transferred 52,000 100% 100% 52,000 52,000

Ending work

<u>in process 21,500 0% 20% Zero 4300 </u>

<u>Equivalent Units 52,000 56,300 </u>

Particulars Units % of Completion Equivalent Units

Transferred In Transferred In

Completed and

Transferred 52,000 100% 52,000

Ending work

<u>in process 21,500 100% 21,500</u>

<u>Equivalent Units 73500</u>

<u>Particulars </u> Transferred In Materials Conversion Total

Costs

Beginning WIP $ 45,360 $0 $17,660

<u>Total costs added $154,560 $28,080 $89,310</u>

<u>Total Costs 199920 $28,080 106970 </u> <u>$334970</u>

b. Conversion cost per equivalent unit during March

Total Conversion Costs/ Total Equivalent Units Conversion

= 106970/56,300 = $1.9 per Equivalent Unit

Materials cost per equivalent unit during March

Total Materials Costs/ Total Equivalent Units Materials

= 28080/52000 = $ 0.54 per Equivalent Unit

Transferred In cost per equivalent unit during March

Total Transferred In Costs / Total Transferred In Units

= 199920 / 73500 = 2.72

C. Cost Assigned To Transferred Out Goods $ 268,320

Materials = 52,000*0.54= $ 28080

Conversion = 52,000* 1.9= 98800

Transferred in Units = 2.72 * 52000= 141440

Cost Assigned To Ending Work In Process $66650

Conversion = 4300* 1.9= 8170

Transferred in Units = 2.72 * 21500= 58,480

C. Total Costs Assigned = Transferred Out + Ending = <u>$334970</u>

d. Conversion cost assigned to the ending work in process: $8170

Conversion = 4300* 1.9= 8170

<em>We see the difference between the weighted average and FIFO method is that the FIFO method only accounts for the current period costs not the total the costs.Where as the weighted method includes all the costs from preceeding department and also current costs.</em>

e.Titon Sports

Equivalent Units

FIFO Method

Particulars Units % of Completion Equivalent Units

Materials --Conversion Materials --Conversion

Completed and

Transferred 52,000 100% 100% 52,000 52,000

Ending work

in process 21,500 0% 20% Zero 4300

Less

<u>Equivalent Units 52,000 45,800 </u>

Particulars Units % of Completion Equivalent Units

Transferred In Transferred In

Completed and

Transferred 52,000 100% 52,000

Ending work

in process 21,500 100% 21,500

Less

<u>Equivalent Units 56000</u>

<u>f. </u>Materials cost per equivalent unit during March (FIFO)

Total Materials Costs/ Total Equivalent Units Materials

= 28080/52000 = $ 0.54 per Equivalent Unit

g. Cost Assigned To WORK In Process (FIFO) $ 8385

Conversion cost per equivalent unit during March

Total Conversion Costs/ Total Equivalent Units Conversion

= 89310/ 45,800 = $1.95 per Equivalent Unit

Conversion = 4300* 1.95= $ 8385

h. Cost Assigned To Transferred Out Goods $ 273,000

Materials = 52,000*0.54= $ 28080

Conversion = 52,000* 1.95= 101,400

Transferred In cost per equivalent unit during March

Total Transferred In Costs / Total Transferred In Units

= 154560 / 56,000 = 2.76

Transferred in Units Costs = 2.76 * 52000= 143520

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3 years ago