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Answer: gross material requirements plan
Explanation: A material requirements plan has been developed for product A based on the product structure of A and the lead-time needed to obtain each component. Planned order releases of a parent item are used to determine gross requirements for its component items.
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1 or 2 mmight be the right answers but please let me know if im wrong
Answer:
$390000
Explanation:
Given: Beginning inventory= $60000
Cost of goods purchased = $380,000
Sales revenue= $800000.
Ending inventory= $50000.
The Periodic inventory system is used to determine the amount of inventory available at the end of each accounting period.
Cost of goods sold=
⇒ Cost of goods sold=
⇒ Cost of goods sold=
∴ Cost of goods sold= .
Hence, $390000 is the cost of goods sold under a periodic system.
Answer: Finite loading approach
Explanation: In a finite loading approach, the work centers are scheduled to load up to a predetermined capacity amount. This is a type of approach that is used in manufacturing process that are heavily dependent on a single cost center.
Thus, we can conclude that the right answer for the given case is finite loading approach.