Answer:
C) Supply chain management system
Explanation:
Supply Chain Management (SCM) includes all processes that transform raw materials into final products in order to maximize customer value and gain a competitive advantage in the marketplace. SCM covers everything from production to product development to the information systems needed for the best management.
The supply chain cycle of Wal-Mart includes procurement, manufacturing, distribution, retailing. As a retailer, Wal-Mart has to source its products from vendors domestically and globally, this creates a more effective supply chain that allows for lower prices.
Answer and Explanation:
a. The computation of operating profit is shown below:-
Profit per unit = Purchase price from outside per unit + variable cost of production internally
= $15 - $7
= $8
Total increment in operating profit = Profit per unit × Total number of units
= $8 × 24,000
= $192,000
b. Minimum transfer price = Variable cost = $7 (because polk has overcapacity and there is no change in fixed cost and polk minimum has to recover its variable production cost)
c. Maximum transfer price = purchase cost from outside supplier = $15 (because if the internal transfer piece is more than $15 Bishop will lose so he prefers to buy from outside and the company as a whole will lose $192,000 in incremental operating profit
Answer: Rylan's stock would sell for $21.96 at the end of the four years
Explanation:
PV = Current Price = $31.27
D = Dividend paid each year =$5.70
r = Equity cost of capital = 12%
FV = Price of Rylan's stock at the end of four years = ??
N = Number of years = 4
PV = D
+ 
31.27 = 5.70
+ 
Solve for FV,
FV = $21.96
Rylan's stock would sell for $21.96 at the end of the four years
Answer:
identify conditions to be explored all the more altogether
Explanation:
Analytical procedures are used in reviews and are generally an important part in comparing data. Analytical procedures include correlations of various monetary and operational data, to check whether authentic connections are proceeding ahead into the period under audit. It also helps to understand the client's business operations in detail, and it also assist in identifying the changes required.
Answer:
Cost of goods manufactured= $3,120
COGS= $2,750
Explanation:
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
Cost of goods manufactured:
beginning WIP= 0
direct materials= 2,200
Direct labor= 1,000
Factory overhead= 520
Ending work in process= 600
Cost of goods manufactured= $3,120
<u>Now, we can determine the cost of goods manufactured:</u>
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 0 + 3,120 - 370
COGS= $2,750