This retailer's Fill rate was 88 percent.
Fill rate, also called order fulfillment fee, is the percentage of orders that you could ship from your to-be-had inventory with no misplaced sales, backorders, or stockouts. it is a very good mirrored image of your potential to meet purchaser calls and the overall effectiveness of your eCommerce operations.
The fill rate formula is simple. You divide the range of purchaser orders shipped in full through the number of patron orders positioned. whilst you multiply that number by 100, you'll study your fill price in the form of a percent.
Fill rate refers to the share of consumer calls that is met via on-the-spot inventory availability, without backorders, stockouts, or lost income. without a doubt positioned, it's an indication of how nicely you are able to meet patron calls at any given time.
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Answer:
Effect on income= $9,600 increase
Explanation:
Giving the following formula:
Unitary contribution margin= $90
The marketing manager believes that a $7,500 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales.
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= increase in total contribution margin - increase in fixed costs
Effect on income= 190*90 - 7,500
Effect on income= 17,100 - 7,500
Effect on income= $9,600 increase
Answer and Explanation:
a. The computation of the targeted production of the finished product is shown below:
= Expected sales units - beginning finished goods + ending finished goods
= 160,000 - 20,000 + 5,000
= 145,000 shells
b. The required amount of plastic purchased is
Plastic to be purchased = Consumed plastic + closing inventory - opening inventory
where,
Consumed plastic is
= 145,000 × 6 ounces
= 870,000 ounces
Opening inventory is 60,000 ounces
And, the closing inventory is
= 160,000 ÷ 12 months × 2 months × 6 ounces
= 160,000
So, the purchased plastic is
= 870,000 + 160,000 - 60000
= 970,000 ounces
A job shadow usually lasts one day, but there are cases when they could last several days to give you a more in-depth look at a certain career or company.
To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.
If you can't find the time to make one from scratch, there are templates that can be used to help.
gross margin : the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
