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Masteriza [31]
3 years ago
9

Which function relates to maintaining merchandise inventory?

Business
1 answer:
meriva3 years ago
3 0

The main function of merchandise inventory is that with ongoing supply of items the operation will go on.

Explanation:

Inventory is referred to as the raw materials as well as the finished products used to make goods and services.There are various functions of merchandise inventory , they are as follows it increases the productivity in an efficient way as well as increases the profit .It maintains the quality as well as balances the demand and supply. It helps in planning and forecasting also.

Inventory management helps in reducing the cost. Helps in proper monitoring and controlling.

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Petroski Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month, the budgeted level of acti
algol13

Answer:

$577 Unfavorable

Explanation:

The calculation of spending variance for dye costs is shown below:-

Spending variance for dye cost = (Standard rate - Actual variable) × Actual units

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= (0.67 - 0.69899) × 19,900

= $577 Unfavorable

Therefore for computing the spending variance for dye costs we simply applied the above formula.

6 0
3 years ago
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Managers used managerial information for all of the following except a.to analyze the performance of a company's operations b.to
Sladkaya [172]

Answer:

b.to evaluate the company's stock performance

Explanation:

Evaluating a company stock performance would interest investors more than the managers of the company.  Investors are profits driven. Their primary concern is to predict the future price of a stock as accurately as possible and profit from the price movement.

Managers are concerned with the profitability and long term growth of the company. They use managerial information to understand the current state and make better plans for the future.  Managers use managerial reports to identify areas that need cost-cutting to maximize the profits.

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