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3 years ago

6

2. At which inventory level is operations management considered to be doing an excellent job? A. Above the minimum level B. Abso

lute minimum level C. Below the minimum level D. Absolute maximum level

1 answer:

BigorU [14]3 years ago

4 0

I would say D. because that is what they want

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Intercontinental Inc., uses a periodic inventory system. At the end of Year 2, the account records provided the following inform

densk [106]

Answer:

Intercontinental Inc.

The amount of ending inventory is = $16,380

The cost of goods sold is = $37,810

Explanation:

a) Data and Calculations:

Units Unit Cost Total Cost

Inventory, December 31, Year 1 1,830 $ 6 $10,980

For Year 2: Purchase, March 21, Year 2 6,200 $ 5 31,000

Purchase, August 1, Year 2 4,070 $ 3 12,210

Total cost of inventory 12,100 $54,190

Inventory, December 31, Year 2 2,910 16,380

Cost of units sold 9,190 $37,810

Cost of ending inventory, 2,910

= 1,830 at $6 = $10,980

1,080 at $5 = 5,400

2,910 = $16,380

Cost of goods sold = Cost of inventory available minus the cost of ending inventory

= $54,190 - $16,380

= $37,810

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2 years ago

Who want to teach me for be a hacker <br> im a good boy

mestny [16]

Ok ill teach ya then

Explanation:

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3 years ago

The firm's policy is to have finished goods inventory on hand at the end of the month that is equal to 70 percent of the next mo

Dahasolnce [82]

Answer:

$\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]$

MISSING INFORMATION ATTACHED

Explanation:

$\left[\begin{array}{ccccc}& &September&October&November\\&$sales&6000&6800&5600\\&$Desired ending&4760&3920&4270\\&$Total Needs&10760&10720&9870\\&$beginning&4200&4760&3920\\&$Production Requirement&6560&5960&5950\\\end{array}\right]$

The sales forecasted plus the desired ending inventory is the complete needs the sales department expect to be fullfill

Then, as the company has a beginning invneotry each period a portion of this needs is already fullfil thus, the difference are the production requirements.

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3 years ago

The money supply will grow faster through deposit creation when the required reserve ratio is: a. high and banks hold excess res

Strike441 [17]

Answer:

c. low and banks are unable to loan out all of their excess reserves. d

Explanation:

Lower required reserve ratio means banks have more money to lend. When banks are able to lend all its excess money, then money supply increases for citizens.

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3 years ago

uan Pablo and Zak are competitors in a local market. Each is trying to decide if it is better to advertise on TV, on radio, or n

Colt1911 [192]

Answer: Advertise on radio and earn $14,000

Explanation: Dominant strategy may be explained as the tactics or option which works best for a particular firm and seems to give the firm an edge abive other competitors.

Since both are following their dominant strategy, even though advertising on TV seems more lucrative if only one of the advertise, by the time both of them place TV advert, profit falls to $8000. therefore the strategy who gives the highest return when both thread the same advertising path is the radio advert, which gives a return profit of $14,000. Therfore, Uan Pablo should advertise on radio and earn a profit of $14000

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3 years ago