1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
notsponge [240]
3 years ago
9

During a six month period, a department had planned sales of $75,000 and planned turnover of 2.6. Using the Basic Stock Method,

determine the BOM stock for February, if planned sales for February are $10,500.
Business
1 answer:
Brums [2.3K]3 years ago
6 0

Answer:

the BOM stock is $26,846

Explanation:

The computation of the BOM stock for the feb month is shown below:

But before that following calculations need to be done

Average stock is

= net sales ÷ stock turnover

= $75,000 ÷ 2.6

= $28,846

Now the basic stock is

= Average stock - monthly sales

= $28,846 - ($75,000 ÷ 6)

= $16,346

And, finally BOM stock is

= Planned sales + basic stock

= $10,500 + $16,346

= $26,846

hence, the BOM stock is $26,846

You might be interested in
How is your hat a representation of your leadership skills? (Take your time)
levacccp [35]

Answer:Not the kind that people might laugh at or that might smoosh your hair, ... Change Agent. ... The best leaders put on their delegator hat willingly and strategically to ... With the right environment, resources, skills and knowledge,

Explanation:

8 0
3 years ago
Activity Levels and Cost Drivers Shroeder Machine Shop has the following activities:
zepelin [54]

Answer:

a. Machine Operation

Unit level, No. of units produced

b. Machine setup

Batch level, No. of batch setup

c. Production scheduling

Batch level, No. of batch setup

d. Material receiving

Unit level, Unit of material used in production of a single unit

e. Research and development

Facility level, Research done and used in development

f. Machine maintenance

Unit level, No. of units made

g. Product design

Product level, Changed product designs

h. Parts administration

Facility level, No. of parts changed

i. Final inspection of a sample of products

Batch level, No. of batched inspected

j. Materials handling

Facility level, Quantity of raw material handled

Explanation:

a. Machine Operation

Unit level, No. of units produced

b. Machine setup

Batch level, No. of batch setup

c. Production scheduling

Batch level, No. of batch setup

d. Material receiving

Unit level, Unit of material used in production of a single unit

e. Research and development

Facility level, Research done and used in development

f. Machine maintenance

Unit level, No. of units made

g. Product design

Product level, Changed product designs

h. Parts administration

Facility level, No. of parts changed

i. Final inspection of a sample of products

Batch level, No. of batched inspected

j. Materials handling

Facility level, Quantity of raw material handled

5 0
3 years ago
Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31. (Round your answers to 2 decimal places.)
Ierofanga [76]

Answer:

Can you plssssssssssss help me

Can you do plsssssssss help me

7 0
3 years ago
Read 2 more answers
Sneed Corporation issues 9,700 shares of $49 par preferred stock for cash at $66 per share. The entry to record the transaction
NARA [144]

Answer:

a.Preferred Stock for $475,300

and Paid-In Capital in Excess of Par—Preferred Stock for $164,900.

Explanation:

The par value it's a minimum price that the company assigns to the issued shares only to be used in the accounting system but it's not related to market price.    

This par value will be shown as a separate value in the section of stockholders' equity, reported under the item Paid-in-Capital, the difference with the market price it's reported as Preferred Stock.    

Cash                                                                            $640.200  Debit  

Preferred Stock                                                     $475.300  Credit  

Paid-In Capital in Excess of Par—Preferred Stock  $164.900  Credit  

7 0
3 years ago
Germans have not been overly receptive to the use of credit cards such as visa or mastercard and installment debt to purchase pr
guapka [62]
<span>Because of a difference in values from American consumers, Germans have not been overly receptive to installment debt to purchase products and services and the use of credit cards such as visa or Mastercard. The German Schuld which means debt also means guilt.</span>

 






7 0
3 years ago
Other questions:
  • Triangle Enterprises has no debt but can borrow at 8 percent. The firm's WACC is currently 13.2 percent, and there is no corpora
    5·1 answer
  • From the buyer's perspective, which of the following is a benefit of a product with a well-known brand name?
    6·1 answer
  • Assume $1 is currently equal to A$1.1024 in the spot market. Also assume the expected inflation rate in Australia is 2.8 percent
    11·1 answer
  • The new ASC Topic 606 for revenue recognition:
    13·1 answer
  • The following information is available for Mergenthaler Corporation for the year ended December 31, 2022:
    10·1 answer
  • On January 1, 20X2, X Company made modifications to an asset used in its manufacturing operations in order to extend its useful
    10·1 answer
  • Joe Pie is considering investing in a Heaven Piza franchise that will require an initial outlay of $100,000. He conducted market
    6·1 answer
  • Presented below are three revenue recognition situations. (a) Groupo sells goods to MTN for $901,000, payment due at delivery. (
    10·1 answer
  • The liabilities of Wildhorse Company are $113,000 and the owner’s equity is $235,000. What is the amount of Wildhorse Company’s
    7·1 answer
  • In its income statement for the year ended December 31, 2017, Darren Company reported the
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!