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murzikaleks [220]
4 years ago
12

​Lionworks, Inc. has goods available for sale in the amount of​ $123,000; beginning inventory is​ $41,000; ending inventory is​

$38,000; and cost of goods sold is​ $80,000. How many days could Lionworks operate without buying any more​ inventory? (Round any intermediary calculations two decimal​ places, X.XX, and your final answer to the nearest​ day.)
Business
1 answer:
Paha777 [63]4 years ago
7 0

Answer:

DSI =  180.21 DAYS.

Explanation:

Average inventory =  [(open) inventory +(end) inventory] / 2

                                = (41000+38000)/2 = 39500

As we know that : Days sales of inventory (DSI)= ( Average inventory / cost of goods sold) * 365

                      =  (39500 / 80000 ) * 365

                      = 180.21 days. It tells the effectiveness of company inventory management,here lionworks takes 180 average days to sell of his entire inventory

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C&K Brewing Company is a microbrewery in western Canada. It produces Maiden’s Honor brand ale, a dark beer called Warrior’s
ehidna [41]

Answer:

The correct answer is letter "A": concurrent .

Explanation:

Concurrent control is adopted to regulate ongoing activities in an organization so that they can meet the company's standards. This type of control is chosen to ensure that the output will have the results expected. It implies measuring the quality of the processes at a certain point in time to determine to continue with them or not.

3 0
4 years ago
Double D Ranch and Esau enter into a contract on August 1 for the sale of 200 cattle. Esau cancels the contract ten days later.
ycow [4]

Answer:

Keep the cattle and recover the contract price from Esau

Explanation:

Since in the question it is given that the Double D Ranch and Esau enter into a contract on August 1 for selling of 200 cattle.

But Esau cancels the contract after 10 days. Now the Double D Ranch is not able to sell the cattle to the another buyer so in this case , the Double D Ranch should keep the cattle and get back the price of the contract from the another party i.e Esau as he cancels the contract

3 0
3 years ago
Alpaca Yarn employs factory workers to hand spin wool yarn and fabric in a workshop on the company farm. Which economic question
zimovet [89]
The answer to the statement above is what to produce? and how to produce?. basically having the statement that Alpaca Yarn employs factory workers to hand spin wool yarn and fabric in a workshop on the company farm lacks the question as to what product would the make with the yarn and fabric and the volume that they'll be making.
8 0
3 years ago
Read 2 more answers
ANSWER ASAP PLEASSSE!!
kogti [31]

Answer:

A measurable plan is a plan that can be effectively quantified to justify it's qualities.

Explanation:

A financial plan can be defined as a set of guidelines that act as a map to help in managing ones savings and expenditures to meet set goals and objectives. In order to execute a financial plan, one of the features that have to be considered in good financial planning is to ensure that the goal is measurable.

In our case, you plan to save $5,000 for a down payment on a new car. This means that you need to save up to $5,000 in order to afford the car down payment. The following steps can be used;

1. Determine the goal: our goal is to save up to $5,000. The amount is a measurable figure that can be recorded as a goal.

2. Determine measurable ways to achieve the goal: this involves first determining the time you need to achieve the goal and the times and amount you will save each period to achieve $5,000 at the end of the time-frame. Lets say you need to save $5,000 in ten days, this implies that you will need to save (5,000/10)=$500 per day.

3. Keep a record every time you make a contribution towards your savings account to track how far you have reached.

4. Once the time has elapsed, calculate the total amount of savings you have collected over time to check if the plan was achieved.

3 0
3 years ago
An outside supplier has offered to provide the annual requirement of 7,200 of the parts for only $13 each. The company estimates
schepotkina [342]

Super corporation produces a part in the manufactures of its product. The unit cost is $21 computed as follows:

An outside supplier has offered to provide the annual requirement of 7,200 of the parts for only $13 each. The company estimates that 60% of the fixed manufacturing overhead cost above could be eliminated if the parts are purchased from the outside supplier. Assume that direct labor is an avoidable cost in this decision. Based on these data, the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:

                                                                        $

Direct material                                                 6

Direct labour                                                    8

Variable manufacturing overhead                2

Fixed manufacturing overhead                     <u>5</u>

Total cost                                                        <u>21</u>

Answer:

Total financial advantage of buying from the supplier $43,200

Explanation:

Unit relevant variable  cost of making= 6+8 +2 = 16

                                                                                    $

Variable cost of making (   16×    7200) =             115,200      

Variable of buying           (13   ×7200)                    93,600

Savings in variable cost                                         21,600

Savings in fixed cost  (60%*72300 × 5)                 <u>21600</u>

Total savings from buying                                   <u> 43,200</u>

 Total financial advantage of buying from the supplier $43,200

3 0
3 years ago
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