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Pie
3 years ago
9

Explain the tradeoffs involved in setting an ideal level of inventory for a particular product. What are the costs if too much i

s maintained? What are the costs if too little is maintained?
Business
1 answer:
mafiozo [28]3 years ago
5 0

Answer:

An ideal inventory is difficult to have.

Explanation:

  • Inventory is the number of goods and services stored and is accompanied asset and thus management of that asset is a very important aspect of the business.
  • If too much inventory is maintained the inventory can lead to liability. If too little inventory is maintained then it leads to shortages of raw material and work in progress.
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Brush Industries reports the following information for May: Sales $ 980,000 Fixed cost of goods sold 116,000 Variable cost of go
Roman55 [17]

Answer:

Net operating income= 341,000

Explanation:

We need to use the following structure:

Gross profit= sales - cost of goods sold

Net operating income= Gross profit - other expenses (variable and fixed)

<u>Under the absorption costing method, the cost of goods sold incorporates the fixed overhead.</u>

Sales= 980,000

COGS= (116,000 + 266,000)= (382,000)

Gross profit= 598,000

Fixed selling and administrative costs= (116,000)

Variable selling and administrative costs= (141,000)

Net operating income= 341,000

8 0
2 years ago
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Goshia [24]
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3 years ago
What is the meaning of Constitution ​
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5 0
2 years ago
A salesperson earns $350.25 per week plus 12% of her weekly sales. Which of the following describes the sales necessary for the
Natali5045456 [20]
The equation for problem above is:
350.25+12/100*x=800.5
12/100*x=800.5-350.25
12/100*x=450.25
12x=45025
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But the question is "at <span>least" $800.50 so the final answer is

</span>x \geq 3752.08<span>
</span>
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2 years ago
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Svetlanka [38]

Answer:

I think (a).

Explanation:

l am not sure about it

3 0
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