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ira [324]
3 years ago
8

Each time a politician or celebrity writes a book, bookstores can expect at least some customers to want the book, but whether o

r not it will become a bestseller is less certain. The bookstore's primary inventory management challenge is A. how to get the author to sign copies of the book.B. whether to price the books in the distribution center or at the retail store.C. which other books to promote along with this book.D. whether or not to display the book at the checkout counter.E. having enough books to satisfy customer demands versus the cost of having the inventory.
Business
1 answer:
noname [10]3 years ago
4 0

Answer:

The correct answer is letter "E": having enough books to satisfy customer demands versus the cost of having the inventory.

Explanation:

As stated in the case, bookstores do not worry about if the newly published book is going to be a hit in the stores. They only care about if at least some of their customers would want to buy the politician's book. Thus, the challenge for them is to find out if the stock they have is enough for their customers and what is the cost of storing that amount of books in their inventory.

You might be interested in
Teagan Company uses Departmental Overhead allocation to allocate its manufacturing overhead costs. It has identified two​ depart
Sunny_sXe [5.5K]

Answer:

Machining:

Allocated MOH= $603

Assembly:

Allocated MOH= $450

Explanation:

Giving the following information:

Machining:

Allocates overhead using machine-hours

Estimated manufacturing​ overhead: ​ $670,000

Estimated machine-hours= 10,000

Assembly:

Allocates overhead using direct labor hours.

Estimated manufacturing​ overhead: ​$450,000

Estimated direct labor hours= 15,000 hours

First, we need to calculate the estimated manufacturing overhead rate for each department:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machining:

Estimated manufacturing overhead rate= 670,000/10,000= $67 per machine hour

Assembly:

Estimated manufacturing overhead rate= 450,000/15,000= $30 per direct labor hour.

Job​ 601:

Machining​ Department: 9 Machine Hours

Assembly​ Department: 15 DL hours

To allocate overhead we use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Machining:

Allocated MOH= 67*9= $603

Assembly:

Allocated MOH= 30*15= $450

5 0
3 years ago
During the year a donor pledged $1,000,000 in funds to a not-for-profit private charter school. The school will receive the pled
KonstantinChe [14]

Answer:

D) It would not be recorded.

Explanation:

FASB means Financial Accounting Standards Board.

Financial Accounting Standards Board is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest. The Securities and Exchange Commission (SEC) designated the FASB as the organization responsible for setting accounting standards for public companies in the US.

No matter what kind of restriction a donor might impose, FASB standards require nonprofits to report finances in a way that makes it clear which funds have donor restrictions and which funds come without donor restrictions. FASB standards are in three categories: “unrestricted,” “temporarily restricted,” and “permanently restricted.”

Unrestricted are those items that have no donor-imposed restrictions

Temporarily Restricted are those items that were received with a donor-imposed restriction that will be satisfied in the future (generally within one year)

Permanently restricted assets are funds of a nonprofit organization that must be used in designated ways and whose principal cannot be touched.

Since the school will recieve the pledge ONLY if it is able to raise $500,000 in funds over the next year, then the pledge would not be recorded

3 0
3 years ago
Question:
soldier1979 [14.2K]

Answer: its environmental scientist

Explanation:

4 0
3 years ago
Jello's Market purchased $1,000 of goods on account with terms of 2/10,n/30. They returned $200 of the goods due to defect the n
Andreyy89

Answer:

debit Accounts Payable $800; credit Merchandise Inventory $16; and credit Cash $784

Explanation:

Since Jello's Market purchased $1,000 of goods on account with terms of 2/10,n/30, and they returned $200 of the goods due to defect the next day.

Since the goods are paid fr the next day, if falls within the settlement for discount date which is 2% within 10 days

If Jello pays for the purchase within the discount period and uses the perpetual inventory system, the required journal entry to record the payment would: debit Accounts Payable $800; credit Merchandise Inventory $16; and credit Cash $784.

This would be the case because accounts payable account would have been credited since the goods were not bought for cash but on account, and the would be $1000 less $200 returns, which is $800.

The discount of 2% x (1000 - 200 returns) would be $16 and posted directly to inventory, since it is a perpetual inventory system.

The actual amount paid is credited to cash, which is $1000 - $200 returns - $16 discount

5 0
2 years ago
Focusing a supply chain on ________________ is a modern way of ensuring high-quality inputs and extending an organization’s cont
Vladimir79 [104]

Answer:

The correct answer is letter "D": close, collaborative ties with suppliers.

Explanation:

A Supply Chain is a network of organizations that work in the production and distribution of a good. The network is managed by the manufacturer from gathering the raw materials until a final good is provided to end-consumers. The relationships between<em> suppliers, producers, distributors, retailers, </em>and <em>customers</em> are vital for the sustainability of the firm.  

<em>To ensure the high-quality of the production, most companies aim to establish strong bonds with their suppliers by promoting mutual efforts in an attempt to maximize each others' profits.</em>

3 0
3 years ago
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