I’m pretty sure, but forgive me if I’m wrong; it might be “C”. FEMA
Answer:
Please find the detailed answer as follows:
Explanation:
Consider the table attached in the excel.
The above are the requirements of the units of material if demand of 8080 units of S has to be completed.
The requirement of units of U for maintenance is given in the second table.
As the lead time for S is two weeks the components should be ready by the fifth week.
As the lead time for components T and U both is 2 weeks their components should be ready by the third week.
Hence in the first week the required number of units of V, W, Y and Z are to be ordered as all of them are required in the third week.
The required number of units of X are to be ordered in the second week to be ready in third week.
The required units of U, Y and Z are to be ordered considering the requirement to make S plus the maintenance requirements.
Answer:
LIFO method
Explanation:
The last-in, first-out (LIFO) inventory method values the cost of goods sold (COGS) using the price of the last purchases made by the company. This valuation method is accepted by the US GAAP and it is generally applied when the replacement costs are continuously increasing.
On the other hand, the IFRS (the international accounting standard) does not allows LIFO, it only accepts FIFO.
Answer:
b) $ 7.700
Explanation:
The total inputs during the month were:
Direct materials $ 57,200
Direct Labor $ 40,700
Manufacturing Overhead <u>$ 28,600</u>
Total input for June $ 126,500
of which WIP Closing June 30 $( 11,000)
Cost of Goods manufactured ----------------
from June input $ 115,500 (1)
Since the total Cost of Goods
manufactured is $ 123,200 (2)
so the opening Work in
process is (2)-(1) $ 7,700
B. i would choose b anyways. if you choose C. They could report you and you would be caught with it. A. i wouldn't what if they don't smoke and report you.
