Answer:
weeks of supply 2,7122857
Explanation:
17,500,000 / 50 weeks = 350,000 COGS per week
<u>current finished inventory: </u>
250 x $ 65 = 16,250
190 x $ 80 = 15,200
310 x $ 105 =<u> 32,550</u>
Total 64,000
<u><em>cost added:</em></u>
70,000 materials x $ 2.75
125,000 materials x $ 5.00
<em>total 817500</em>
<u><em>WIP:</em></u>
2,000 rolls x $ 10.50
5,000 spools x $ 6.75
500 rolls x $ 26.10
total $ 67,800
Total inventory: <em>817,500</em> + 67,800 + 64,000 = 949300
<em><u>week of supply:</u></em>
inventory of 949300
and 350,000 goods are consumer per week
week: 2,7122857
Answer:
c. you need a lot of money to buy a home
Explanation:
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Similar to manufacturing, services use methods that add value to the raw materials required to make the finished product. JIT emphasizes the process rather than the end result. Therefore, it may be applied to any set of processes, whether they are involved in manufacturing or providing services.
In the context of the industrial and service industries, the Just in Time (JIT) system: Companies use just-in-time (JIT) inventory strategies to boost productivity and cut waste by only ordering products when they are actually needed for manufacturing, which lowers inventory expenses.
Between service and manufacturing organizations, there are five key differences: the tangible nature of their output; production on demand or for inventory; production tailored to the needs of a particular customer; labour-intensive or automated operations; and the requirement for a physical production location.
In reality, though, service and industrial firms have a lot in common. Many manufacturers have their own service departments, and both industries need trained workers to run a successful organization.
Learn more about JIT here:
brainly.com/question/16016464
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Answer:
e. $ 282,000
Explanation:
To determine the assets of the company at year end, we need to find the equity at year end, this is calculated as follows:
Opening Equity $ 145,000
Net Income for the year $ 45,000
Revenues $ 210,000
Expenses $ 165,000
Equity at end of year $ 190,000
The accounting equation is
Assets = Liabilities + Stockholders' Equity
Assets = $ 92,000 + $ 190,000 $ 282,000
Answer:
187,500 units.
Explanation:
Fixed cost= $750,000
Variable cost= $2
Price= $6
To calculate the break-even quantity, we use the formula
Break even= Fixed cost ÷ (Price - Variable cost)
Let's input the values of each
$750,000/($6 - $2)
= $750, 000/ $4
= 187,500 units.
Therefore the break even is 187,500 units.
