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Katarina [22]
3 years ago
11

Anya, sales manager for Pacific Lumber, tells Ricardo, the firm's inventory manager, that the firm's failure to have adequate su

pplies of pressure-treated lumber on hand has cost the firm $175,000 in lost sales. This figure represents which of the following inventory management costs?
A. Replenishment
B. Stockout
C. Safety stock
D. Carrying
E. Reorder
Business
1 answer:
zaharov [31]3 years ago
3 0

Answer:

The correct answer is B

Explanation:

Stockout or OOS stands for Out of Stock, which is event that causes the inventory to be exhausted. It occur with the entire supply chain.

In this case, Firm is facing failure for having adequate or enough supplies on hand, which result in the lost sales amounts to $175,000. It is representing the Stockout in the inventory management costs.

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When a packer in the frozen foods section of a grocery store labels a meat steak with little or no fat as "AA" and another meat
NikAS [45]

Answer:

Grading

Explanation: Grading is the process of separating products based on their level of similarity,as the packer tries to separate and label the meat with little or no fat as ''AA'' and another with more fat as ''AB''. This is to ensure easy accountability an to help the consumer in making choice.

Grading system helps for easy tracking of the stock level of different food products available in the grocery store.

7 0
3 years ago
The financial loss that each stockholder in a corporation can incur is usually limited to the amount invested by the stockholder
Anika [276]

Answer: the answer is TRUE

Explanation:

4 0
2 years ago
How does an error that results in an overstatement of ending inventory affect the elements of the company's financial statements
Kruka [31]

Answer:

A. + NA + NA - + NA

Explanation:

Since in the question there is an overstatement of ending inventory which affect the financial statements i.e increase in the gross profit due to which the net income is also increase that reflects the increment in the retained earning and the equity as well plus the asset side is also increased but it does not have any change in the cash flow statement as it does not involve any transaction of cash

Hence, the first option is correct

7 0
3 years ago
Because occupancy reflects both supply and demand it measures the economic health of the individual hotel and, indeed, of the en
konstantin123 [22]

Answer:

True

Explanation:

Within the hospitality industry such as hotels, the are Key Performance Indicators that used to measure financial health. These Key Performance Indicators include:

Average room rate, bed occupancy rate, occupancy percentage and cost per occupied room.

It is quite clear that occupancy is actually key because it is reflected in three out of the four Key Performance Indicators for the hospitality industry.

Occupancy and Economic Health

Average room rate, bed occupancy rate and occupancy percentage actually determines the revenue that comes into the hotel at any point in time. And low performance indicators may mean difficulty in meeting financial obligations.

Occupancy and Industry Health

Another reason why occupancy is key especially in the entire industry is because occupancy is the key service provided by hotels and as such, a low occupancy rate on the average from various hotels may indicate danger in the entire industry and vice versa.

7 0
3 years ago
Curtis, age 29, did not have health care coverage all year. His AGI is $35,000. What is the maximum Shared Responsibility Paymen
vovangra [49]

The correct answer is; $875.00.

Further Explanation:

In 2017 the maximum shared responsibility payment that Curtis must pay is $875.00. That is approximately 2.5% of his AGI of $35,000. The maximum payment was 695$ or 2.5% of the income and the taxpayer owes the higher of the two options.

Beginning in 2019, the government stopped issuing a penalty for people who did not have health insurance. There are some people who may be exempt from having to purchase insurance. Some of the exempt clauses are;

  • A person may belong to an exempt religious organization
  • A person is an inmate in the United States
  • A person is in the country illegally
  • A person has a very low income and does not need to file taxes

Learn more about the Affordable Health Act at brainly.com/question/1388743

#LearnwithBrainly

8 0
3 years ago
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