Answer:
1. inventory turnover: 10 times
2. Average daily cost of goods sold: $536 per day
3. Number of days’ sales in inventory: 36.5 days
Explanation:
Inventory turnover ratio an efficiency ratio that indicates how many times a company sells and replaces its stock of goods during a particular period
Inventory turnover ratio is calculated by using following formula:
Inventory turnover ratio = Cost of Goods Sold/Average Inventory
In there:
Average Inventory = (Inventory beginning of year + Inventory end of year )/2
In the company:
Average Inventory = (20,500 + 18,628)/2 = $19,564
Inventory turnover = $195,640/$19,564 = 10 times
Average daily cost of goods sold = $195,640/365 = $536 per day
Number of days’ sales in inventory = (1/10)x365 = 36.5 days
Trade finance is an activity lending issuing letter or credit factoring export credit and insurance
I believe the answer is: task-oriented listening
Listeners who prefers task-oriented listening tend to only pay attention if the communicators speak about something that relevant to the goals that they want to achieve. This type of listeners tend to be more effective in a situation when there is a limited time to finish a certain project, like bob.
Answer:
The correct option is D,25000 machine hours
Explanation:
Department 2 machine hours can be computed using the formula for plant-wide overhead rate, which is given below:
Plantwide overhead rate = Total Manufacturing Overhead /Total Machine hours
Plantwide overhead rate is given as $10
Total manufacturing overhead=$250000+$150000
=$400000
$10=$400000/Total Machine Hours
by cross-multiplication
Total machine hours=$400000/$10
Total machine hours is 40000 hrs
Total machine hours=machine hrs in Dept 1+machine hrs in dept 2
40000=15000+machine hrs in dept 2
Machine hrs in dept 2=40000-15000
Machine hrs in dept =25000 hrs