Answer:
$68,000
Explanation:
The costs of goods sold ( COGS)is calculated as follows.
COGS = opening stock + Purchases - Closing stock
This was the first month of operation; hence there was opening stock.
The material used to produce 5000 units were
Direct materials $15,000 + Direct Labor $30,000 + Manufacturing overhead $40,000 = $85,000
The cost per units = $85,000 /5000 units
=$17 per units
4000 units were sold, the COGS
=$17 x 4000
=$68,000
Answer:
Level form of production
Explanation:
<em>The options available are "a. On demand, b. Level, c. Variable, d.None of the above"</em>
Level form of production uses manpower and equipment in the most efficient manner. It maintains a steady employment level and production rate. It may raise or lower the inventory levels based on the anticipated demand. It anticipates the demand and set itself accordingly to maintain the efficient use of manpower and equipment.
She can write a check, she can withdraw money from ATM, she fill out a withdrawal slip, she can transfer money to another account
Answer:
Following are the solution to the given question:
Explanation:
Please find the graph image in th e attachment file.
In the question, it increases the manufacturing prices, which raises the corporation's expenditures, which increases the material production, mostly as a result of a decline in business production of materials, which will cause the aggregate demand through S to S' to be moved to the left.
Answer:
D×L + SS
Explanation:
The reorder point (ROP) is the inventories or stock level for a certain product that, when attained, initiates the reordering of more inventories. The lead time it will take to refill inventories is taken in when computing the reorder points for different stock holding units. This ensures inventory levels do not approach zero.
Computing reorder points necessitates a thorough understanding of purchase habits over a specific time period. The more ROP you compute for each product, the better you'll be able to anticipate future demand and guarantee you're using the reorder quantity calculation appropriately.
From the given information in the question:
The reorder point can be determined by using the formula:
Reorder point = Demand (D) at the point of leas time (L) with the addition of safety stock (SS)
Reorder point = D×L + SS