1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mice21 [21]
3 years ago
5

The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing pro

cess, considerable work-in-process and raw materials are needed. The current inventory levels are $2,470,000 and $1,566,000, respectively. In addition, finished goods inventory is $1,200,000 and sales (at cost) for the current year are expected to be about 48 million.
Express total inventory as:
a) Weeks of supply
b) Inventory turns
Business
1 answer:
borishaifa [10]3 years ago
4 0

Answer:

a. The Weeks of supply is 5.67 week

b. The Inventory turns is 9.167

Explanation:

a. In order to calculate the weeks of supply we would have to use the following formula:

Weeks of Supply = Average Aggregate Inventory Value/Weekly Sales

Average Aggregate Inventory Value = Raw Materials + WIP + Finished Goods = $2,470,000+ $1,566,000 + $1,200,000 = 5,236,000

Sales Per Week = COGS/52 weeks per year = $48,000,000/52 = $923,076

Weeks of Supply = Average Aggregate Inventory Value/Weekly Sales = $5,236,000/$923,076 = 5.67 or 5.7 week

b Inventory Turnover = Annual Sales/Average Aggregate Inventory Value = 48000000/5236000 = 9.167 or 9.17

You might be interested in
An investor purchases 1,000 mutual fund shares with a Net Asset Value of $10 each, where the fund imposes a 5% contingent deferr
Ad libitum [116K]

Answer:

B. $9,600

Explanation:

Calculation to determine the amount he or she will receive

Amount Received=(1000*$10)*[100%-( 5% contingent deferred -1%Decrease in sales charge)

Amount Received=$10000-(100%-4%)

Amount Received=$10000*96%

Amount Received=$9,600

Therefore he or she will receive $9600

4 0
3 years ago
Where does the 32 come from in cash received for common stock issued
worty [1.4K]

A public company can issue common stock to the shareholders of acquisition targets, which they can then sell for cash. This approach is also possible for private companies, but the recipients of those shares will have a much more difficult time selling their shares.

Multiply the number of shares issued by the price per share. Doing this calculation gives you the amount of cash raised by the sale of the stock. For example, if the company issues 100 shares at $10 per share, the result is $1,000 of additional capital raised from stock issuances.
4 0
2 years ago
Department 1 completed and transferred out 450 units and had ending work in process inventory of 60 units. The ending inventory
sergeinik [125]

Answer:

The equivalent units of production for materials is 570.

Explanation:

Equivalent units measures the number of units completed to the extend of in puts introduced to the outputs.

<u>Calculation of equivalent units of production for materials.</u>

Units completed and transferred (450 × 100%)       450

Units in ending work in process ( 60 × 20 %)             12

Total equivalent units of production for materials   570

Conclusion :

The equivalent units of production for materials is 570.

8 0
3 years ago
Tangshan Mining​ Company, with a cost of capital of 10​ percent, is considering investing in project​ A, with an initial investm
alexdok [17]

Answer:

the breakeven cash inflow for the project is $131474

Explanation:

given data

cost of capital = 10​ percent

initial investment =​ $1,000,000

useful life = 15 year

to find out

the breakeven cash inflow for the project

solution

first we consider here annual cash inflows that is =  x

now break even point is the one at which the net present value of the project  =  0

so we can say that here  

Present value of cash inflows - Present value of cash outflows = 0   .................1

here we know Present value of cash inflows = x  × PVAF ( 10%,15 years)

Present value of cash inflows = x  ×  7.6060

put value in equation 1 we get

x  ×  7.6060 - $1,000,000  = 0

solve and we get x

x = \frac{1,000,000}{7.6060}

x = $131474

so the breakeven cash inflow for the project is $131474

7 0
3 years ago
If you intend to purchase Tata Nano, describe the stages in the purchase decision process.
fiasKO [112]

The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.

<h3>What is a purchase?</h3>

A purchase refers to the action of buying something. Purchasing is considered an important course of action.

There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.

The five stages are

  • Problem recognition- It is the most basic step that ensures if there is a need for purchase.
  • Information search- The next step is to search the information related to the Tata Nano
  • Alternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.
  • Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people.
  • Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.

Learn more about the Purchase decision process here

brainly.com/question/26517026

6 0
2 years ago
Other questions:
  • Since your first​ birthday, your grandparents have been depositing $ 120 into a savings account every month. The account pays 6​
    6·1 answer
  • How does the brand of popcorn affect the amount of popcorn popped?
    7·1 answer
  • Brainliest Answer!!! <br> Five reasons why travel and tourism industry is important in the U.S.
    13·1 answer
  • You have just been hired as a brand manager of toothpaste for a large consumer products company. Your job mainly involves encour
    5·1 answer
  • Terrence Corporation plans to sell 35,000 units of its single product in March. The company has 2,200 units in its March 1 finis
    7·1 answer
  • On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four useful
    9·1 answer
  • PLEASE HELP, TIMED
    5·2 answers
  • How should a loss contingency that is reasonably possible and for which the amount can be reasonably estimated be reported
    12·1 answer
  • Information about a property that has a significant bearing on a buyer's decision to purchase that property is referred to as a
    11·1 answer
  • 1. Why might a company claim that the total cost of employing a person is $15.30 per hour
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!