Logistics system should be designed to achieve customer service goals while maintaining lowest possible financial investment in inventory.
The main purpose of logistics system is to increase the experience of the customer and to improve profits of the organization. Reducing the cost of inventory may add to the profits of the company.
Managing the inventory is an instinct part of the smooth running of businesses. Recognizing which and how much stock has to be ordered, is useful to continue the inventory levels and content the customers. Timely delivery of the product adds to the customer satisfaction.
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The role of accounting is to provide you and any other stakeholders with financial information about the company, such as sales revenue, the cost of benefits and the amount you owe your suppliers. Without the information from your accountants, you can't make good financial decisions for your business.
Answer:
b) The $355,000 manufacturing cost of the tables already incurred.
Explanation:
The Business has already incurred this expense in making the coffee tables, this can not be done. Therefore, it does not make sense to consider this when considering whether to complete the
Tables, or sell them as they now are
All other points contribute either directly or indirectly to the decision that the company is about to take in this regard.
So, the correct answer is b
Answer:
The correct answer is "-$7200 (Unfavorable)".
Explanation:
Given:
Actual quantity,
= 54000 pounds
Standard price,
= $3 per pound
Standard quantity,
= 
= 
As we know,
⇒ 
By substituting the values, we get
⇒ 
⇒ 
⇒ 
Answer:
B
Explanation:
Obtain informed consent from the patient and ensure that reasonable patient protection measures are followed.
