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givi [52]
3 years ago
14

The output of MRP is: a. a schedule of planned orders for all parts and end items. b. net requirements. c. inventory reorder poi

nts. d. gross requirements. e. economic order quantities and reorder points.
Business
1 answer:
lidiya [134]3 years ago
4 0

Answer:

a. a schedule of requirements for all parts and end items

Explanation:

Material requisition planning (MRP) refers to a computer-based information system mainly meant to deal with ordering and scheduling of inventory items that are dependent on demand. It is provides a schedule of all parts, materials and other end inventory items that are required in a production process.

Therefore, the output of MRP is a schedule of requirements for all parts and end items.

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Materials purchased on account during the month amounted to $190,000. Materials requisitioned and placed in production totaled $
svetoff [14.1K]

The entry to record the transaction for materials requisitioned by the production department is to

Debit WIP $156,000

Credit Materials $156,000

Organization accountants should account for direct and indirect materials one after the other. The magazine entry for direct substances, this is, substances that can be without delay traced to merchandise, is a debit to the paintings in technique and a credit to the raw materials inventory accounts.

To file materials used in manufacturing, a debit for the value of raw substances is made to the WIP inventory account and a credit score is made to the raw substances account. Exertion fees are spilt between direct and indirect labor.

Learn more about transactions here brainly.com/question/1016861

#SPJ4

5 0
1 year ago
The large amount of advertising by firms such as Procter & Gamble and Colgate-Palmolive promotes which of the following barr
Kobotan [32]

Answer:

C

Explanation:

product differentiation

4 0
3 years ago
A(n)______ variance occurs when management pays an amount different from the standard price to acquire the item.
fenix001 [56]

Answer:

The answer is "Spending".

Explanation:

A(n) variance in spending happens whenever management spends a quantity other than the standard cost of the products to be acquired.

The difference in expenditure is the gap between the real level as well as the expected amount (or budget) of spending. Overhead costs often include fixed costs, e.g. operating expenses.

3 0
2 years ago
Blinding Light Co. has a project available with the following cash flows: Year Cash Flow 0 −$33,790 1 8,210 2 9,890 3 14,120 4 1
oksano4ka [1.4K]

Answer: 20.15%

Explanation:

The IRR is the discount rate that makes brings the Net Present Value to zero.

It can be solved for by various means including using Excel as shown in the attached file.

Year 0      -33790

Year 1        8,210

Year 2       9,890

Year 3       14,120

Year 4       15,930

Year 5       10,820

= IRR (-33,790 , 8,210 , 9,890 , 14,120 , 15,930 , 10,820 )

= 20.15%

4 0
2 years ago
Wehrs Corporation has received a request for a special order of 8,600 units of product K19 for $45.50 each. The normal selling p
disa [49]

Answer:

Increase in the net income=$ 89,160

Explanation:

The amount of the financial advantage or disadvantage would be determined as follows:  

Unit variable cost of order = 16.30 + 5.60+ 2.80+5.20 = 29.9

                                                                                                               $

Sales from special order)  ($45.50× 8,600)                              391300

Variable cost of special order ($29.9× 8,600)                        <u>   257,140 </u>

Contribution from special order                                                  134,160

Cost of special machine                                                              <u>(45,000) </u>

Increase in contribution                                                               89,160

Increase in the net income=$ 89,160

Note the fixed manufacturing overhead is irrelevant, they are cost that would be incurred whether or not the order is accepted

3 0
3 years ago
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