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Svetradugi [14.3K]
3 years ago
12

Spelling Corporation has eliminated the need for Finished Goods Inventory as it manufactures customer orders as they are receive

d. Spelling Corporation uses ________ inventory methods.
Business
1 answer:
Marizza181 [45]3 years ago
6 0

Answer:

Just-in-time inventory method

Explanation:

Just-in-time inventory method accurately forecasts demand for a good or service, so that it requests only for inventory it uses in production process. This method is aimed at reducing inventory storage cost and other expenses associated with having excess inventory on hand.

This method results in smooth operation at reduced cost. To be successful the business must accurately predict demand, and react fast to meet supply obligations.

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Explanation:

7 0
3 years ago
The 1997 a value of an object was $5000. In 2012 , it was worth $9500. The annual percent growth has been constant. What is the
Mamont248 [21]
Given:
1997 - 5,000
2012 - 9,500

9,500 - 5,000 = 4,500
2012 - 1997 = 15 years

(9,500/5,000)^1/15  - 1
1.9^1/15 - 1
1.043718 - 1 = 0.043718
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4 0
4 years ago
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soldier1979 [14.2K]
Judging by the sentence wording I'm guessing the missing word would be "risks"
8 0
4 years ago
Why do businesses use letterheads and logos?
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5 0
3 years ago
Joint products A and B emerge from common processing that costs $116,000 and yields 4,000 units of Product A and 2,800 units of
Mandarinka [93]

Answer:

Apportioned joint cost to A=$92,800

Explanation:

<em>Joint costs are the costs incurred up until the split-off where two or more products result from the same production process. These  common costs need to be apportioned among the joint products using any of the following basis:</em>

  1. physical units
  2. Relative sales value basis.

The relative value basis apportions joint costs using the proportion of product individual sales value to the the total sales value.

Total sales value = (280×4,000) + (100×2,800) =1400000

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3 years ago
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