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VashaNatasha [74]
3 years ago
15

You should visualize inventory as stacks of money sitting on forklifts, on shelves, and in trucks and planes while in transit. I

t is called as ____
(A) Inventory visualization
(B) Inventory difficulties
(C) Supply Chain Inventory
(D) Single-period inventory model
Business
1 answer:
sleet_krkn [62]3 years ago
4 0

Answer:

The correct answer to the following question is option A) inventory visualization .

Explanation:

The given above statement can easily be said as the definition of inventory and through this statement it is quite clear that the main idea is about inventory visualization and as we all know that the main purpose of the inventory is to satisfy the consumers needs and wants. The inventory can be in form of raw material , work in progress and finished goods .

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revorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a
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Answer:

$9,906 F

Explanation:

Calculation as follows:

Budget Income Statement

<u>Particular</u>                                                       $

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Direct Labor (2.8 x 7,000)                       (19,600)

Direct Material (10.7 x 7,000)                  (74,900)

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Selling and administrative Expenses

(23,600 + [0.3 x 7,000] )                           (25,700)

Net Operating Income                               30,100

Actual Income Statement

<u>Particular</u>                                                       $

Revenue                                                   205,320

Direct Labor                                             (18,974)

Direct Material                                         (72,252)

Manufacturing Overheads                      (48,320)

Selling and administrative Expenses      (25,768)

Net Operating Income                             40,006

Activity variance for net operating income = Net operating income actual - Net operating income budgeted

Activity variance for net operating income = 40,006 - 30,100

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8 0
3 years ago
A firm pursuing a strategy based on customization and variety will tend to structure and manage its supply chain to accommodate
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Answer:

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8 0
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Answer:

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