Answer:
Hub and spoke system
Explanation:
Costco Wholesale Corporation is a company that operates in the warehouse industry. They store merchandise at a lower cost than other wholesale or retail sources.
They aim to reduce warehousing cost for small and medium scale businesses.
In the hub and spoke system each component of the warehousing system are independent and contribute to the central warehousing activity.
It is also called the master feeder structure.
Freight traffic is moved to the central hub through spokes that are arranged around the centre like a wheel.
This system reduces the travel time and therefore is more efficient with lower cost
Indemnity, Insurable Interest, Utmost Good Faith, Proximate Cause, Subrogation and Contribution.
Answer:
Uh, demand is wanting a thing and quantity demand is wanting more of that thing?
Explanation:
Answer:
1. $3,465
2. $1,950
3. $8,050
Explanation:
The computation is shown below:
1. The balance in Work in Process at the end of the month is shown below:
= Job 303 + Job 306 + Job 308 + Job 309 + Job 310
= $780 + $350 + $620 + $1,200 + $515
= $3,465
2. The balance in Finished Goods at the end of the month is shown below:
= Job 302 + Job 307
= $1,240 + $710
= $1,950
3. The Cost of Goods Sold for the month is given below:
= Job 301 + Job 304 + Job 305
= $1,600 + $2,300 + $4,150
= $8,050
