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rosijanka [135]
2 years ago
11

The primary goals of inventory managers are to maintain a sufficient quantity of inventory to meet customers' needs, ensure inve

ntory quality meets customers' expectations and company standards, and minimize the cost of acquiring and carrying an inventory. True or false?
Business
1 answer:
lapo4ka [179]2 years ago
3 0

Answer:

True

Explanation:

  • The primary goals of the inventory manager are to maintain a sufficient quantity and ensure the quality meets the standard and the expectations and also minimize the costs of the carrying inventory. Are responsible for the maintenance and formulation of the records for the new stock as delivered and shipped out.
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Before year-end adjusting entries, Dunn Company's account balances at December 31, 2020, for accounts receivable and the related
navik [9.2K]

Answer:

Option (B) is correct.

Explanation:

Given that,

Accounts receivables = $1,500,000

Allowance for doubtful accounts = $90,000

Expected uncollectibles = $125,000

The collection of accounts receivables after the adjustment for bad debt expense is determined by deducting the expected uncollectibles from the total amount of accounts receivables.

Accounts receivable amount expected to be collected after adjustment for bad debt expense:

= Accounts receivables - Expected uncollectibles

= $1,500,000 - $125,000

= $1,375,000

7 0
3 years ago
Shambo Corporation has provided the following contribution format income statement. Assume that the following information is wit
morpeh [17]

Answer:

26.66 or 27%

Explanation:

The computation of the margin of safety percentage is shown below:

Margin of Safety

= 100 - Break Even %

= 100 - 73.33

= 26.66 or 27%

Working Note

Sales (3,000 units) $60,000

Less: Variable expenses -$42,000

Contribution margin -$18,000

CM Ratio (A) 30.00%

Fixed expenses (B) 13,200

Break Even Point C = B ÷ A 44,000

Break Even % of Total Sale 73.33%

5 0
3 years ago
Keegan, a distribution specialist, has been looking for ways to improve the flow of parts and materials from his company's wareh
bezimeni [28]

Answer:

The correct answer is letter "A": True.

Explanation:

Inbound logistics refers to goods entering a company being shipped, processed and delivered. Inbound logistics is concerned with the relationship between companies and their suppliers. Inbound logistics is related to all inner processes a firm carries on to manufacture a product until it leaves the company for retail.

3 0
2 years ago
(a) Graphically show & explain how carpooling may eliminate the shortage.
balu736 [363]

Answer:Graphically show & explain how carpooling may eliminate the shortage.

Explanation:

4 0
3 years ago
The allowance for doubtful accounts is reported as a(n) __________ on the balance sheet.
Firlakuza [10]
B. The allowance for doubtful accounts is reported as a deduction from accounts receivable on the balance sheet
6 0
2 years ago
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