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melisa1 [442]
3 years ago
15

Each time a politician or celebrity writes a book, bookstores can expect at least some customers to want the book, but whether i

t will become a bestseller is less certain. The bookstore'sprimary inventory management challenge isa. how to get the author to sign copies of the bookb. which other books to promote along with this bookc. whether to price the books in the distribution center or at the retail stored. having enough books to satisfy customer demands versus the cost of having the inventorye. whether to display the book at the checkout counter
Business
1 answer:
serg [7]3 years ago
5 0

Answer:

d. having enough books to satisfy customer demands versus the cost of having the inventory

Explanation:

There are inventory issues in each business. This is because many a times the demand and supply of inventory cannot be estimated.

Thus, in the given case also, there is same issue.

The books are written by famous politicians or celebrities, thus there is assurance of sale, because of the popularity, celebrity concerns etc:

At the same time there is no assurance as to the volume of sale. As people might criticize the books or people might like the book, but it will be in popularity that is confirm, because of social status of the author.

In this case to keep the inventory cost low, and also stock of inventory to meet the needs of people at the same time is challenge.

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Solution:

Instructions Journalize the April transactions:

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4/30                              Work in Process—Cooking

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4/30                              Work in Process—Cooking

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4/30                             Work in Process—Cooking

                                   Work in Process—Canning

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4/30                             Work in Process—Canning

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22,800

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9,400

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33,800

28,100                            61,900

55,900                          

                                      55,900

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3 years ago
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max2010maxim [7]

The Garden company sells a product for $50 per unit. Variable costs are $40 per unit.  50 % of the contribution margin per unit, in total, and as a ratio.

Selling price per unit - Variable cost per unit = Contribution margin per unit

50 - 25 = $ 25

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( 610 * 50 ) - ( 610 * 25 ) = $ 15250

Contribution margin / Sales = Contribution margin ratio

15250 / 30500 = 50%.

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finlep [7]

Answer:

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