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sineoko [7]
2 years ago
7

Which statement on MRP explosion is BEST? Group of answer choices It calculates the total number of subassemblies, components, a

nd raw materials needed for each parent item. It calculates the total number of raw materials to be purchased from all suppliers. It calculates the total number of parts needed to be produced less the number of parts on hand for each parent item. It calculates the total number of parts to be produced for each parent item.
Business
1 answer:
lutik1710 [3]2 years ago
7 0

Answer:

It calculates the total number of subassemblies, components, and raw materials needed for each parent item.

Explanation: A maximum retail price (MRP) is a manufacturer calculated price that is the highest price that can be charged for a product sold in India and Bangladesh. However, retailers may choose to sell products for less than the MRP.

It is called Process Explosion to refer to Routings (Bill of Operation), take the manufacturing order to processes, and then issue an operation order by the process. By performing the Process Explosion, the necessary processes to produce an item, the order for performing them, the labor hours in each process, and etc.

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At the beginning of the year, SnapIt had $12,400 of inventory. During the year, SnapIt purchased $39,800 of merchandise and sold
AveGali [126]

The journal entry to record the inventory shrinkage is :Debit Cost of goods sold $18,600; Credit Inventory $18,600.

<h3>Inventory shrinkage</h3>

Based on the information given the appropriate  the journal entry to record the inventory shrinkage is :

Debit Cost of goods sold $18,600

Credit Inventory $18,600

($12,400+$39,800-$33,600)

(To record inventory shrinkage)

Inconclusion the journal entry to record the inventory shrinkage is :Debit Cost of goods sold $18,600; Credit Inventory $18,600

Learn more about inventory shrinkage here:brainly.com/question/6233622

4 0
2 years ago
Bostian, Inc. has total assets of $660,000. Its total debt outstanding is $185,000. The Board of Directors has directed the CFO
RideAnS [48]

Answer:

Company must add $178,000 more debt to achieve the target debt ratio

Explanation:

Debt to asset ratio = (Total outstanding liabilty / Total Assets) x 100

Current Debt to asset ratio = (185,000 / 660,000) x 100 = 28%

Target debt to asset ratio = 55%

According to given condition

55% = Total outstanding debt / 660,000

Total outstanding debt = 660,000 x 55%

Total outstanding debt = $363,000

Additional debt for taget debt to assets ratio = $363,000 - 185,000

Additional debt for taget debt to assets ratio = $178,000

6 0
2 years ago
A perpetuity pays $170 per year and interest rates are 8.2 percent. How much would its value change if interest rates increased
weqwewe [10]

Answer:

$320.59 decrease

Explanation:

The computation of the change in the value is shown below:

As we know that

The Value of perpetuity is

= Annual inflows ÷ interest rate

Current value is

= $170 ÷ 0.082

= $2,073.17

And,

New value is

= $170  ÷ 0.097

= $1,752.58

Now change in value is

= $2,073.17 - $1,752.58

= $320.59 decrease

We simply applied the above formula

8 0
3 years ago
The reporting method that includes in the cost of inventory (and cost of goods sold) all product costs, including both fixed and
Vlad [161]

Answer:

The answer is absorption costing.

Explanation:

This method is used to indicate that all costs have been absorbed by the units produced, and  includes the following costs (fixed and variable):

1. Direct labor.

2. Direct materials.

3. Fixed manufacturing overhead.

4. Variable manufacturing overhead.

7 0
2 years ago
When an auctioneer decides that no one will bid any higher for the goods on sale, the bidding is closed, usually by
Black_prince [1.1K]

Answer:

True

Explanation:

An auction is defined as a public sale of properties that considers bids from prospective buyers.

The highest bidder eventually makes the purchase.

The auctioneer calls for bids and when there is an unchallenged bid he pounds the gavel to indicate the item has been sold.

The auctioneer is the seller himself of am agent representing him.

At the start of the auction the seller sets a minimum price before bidding commences

8 0
3 years ago
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