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natta225 [31]
3 years ago
6

Samuelson will produce 20,000 units in January using level production. If each unit costs $500 to manufacture, what is the dolla

r value of ending inventory in January if beginning inventory is 10,000 units and January sales are 15,000?
Business
1 answer:
Likurg_2 [28]3 years ago
5 0

Answer:

The dollar value of ending inventory is $7.500.000

Explanation:

To calculate the dollar value of ending inventory you need to use the next formula:

End inventory= (Beginning inventory + production - sales).$

In this case:

- Beginning inventory: 10.000 units

- January Production: 20.000 units

- Sales: 15.000 units

End inventory= 10000+20000-15000

End inventory= 15.000 units

Dollar value= 150000 . $500= $7.500.000

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Answer:

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Explanation:

The law of demand states that the higher the price , the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Following from the law of demand, if the price of poultry increases, the quantity of poultry demanded would fall.

Because fish and poultry are subsituites goods, if the price of poultry increases, the demand for fish would increase.

I hope my answer helps you.

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Sam’s Auto Shop services and repairs a particular brand of foreign automobile. Sam uses oil filters throughout the year. The sho
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Answer:

The EOQ is 353 units

Explanation:

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The formula for EOQ is,

EOQ = √(2*D*O) / H

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The annual demand of oil filters by Sam is,

Annual demand = 52 * 150 = 7800 filters

The EOQ for Sam Auto Shop is,

EOQ = √(2*7800*16) / 2

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Which of the following statements about material requisitions is false? a. Material requisitions are often computerized. b. Mate
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D. Material requisitions authorize the transfer of materials from the production floor to the raw materials warehouse

Explanation:

Material requisitions doesnt authorize anything, just provides information

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