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Problem 1: The daily demand for a product is 120 units, with a standard deviation of 30 units. The inventory is reviewed every 14 days and the time it takes the supplier to deliver an order is 7 days. They work 52 weeks a year, each one of 5 days. Calculate
a) Losses for 624 units are accepted annually, obtain the level of service.b) Calculate the necessary safety inventory to maintain the level of service.c) Obtain the target inventory level (ROP)
Kojak Construction manufactures beachfront, If Kojak builds a home and then sells it upon completion to a new customer, what is its revenue in Period 4?
Which of the audit opinions should be issued? Pastrami operates four Italian "take away" shops. Inventory amounts to 15% of the company
What The principal amount of the loan was? The Manila Commercial Bank and Rap Corp. signed a loan agreement subject to the terms.
If this trading strategy represents an arbitrage opportunity, what condition should hold regarding the difference in the call and put prices?
Solve the price expense for 2008. Tara Corporation purchased supplies at a cost of 15,000 during 2008. At January 1, 2008 supplies on hand were 2,000.
Discuss the accounting principles and practices as they relate to inventory, and list one or more way(s) that fraudulent activity can take place.
The following merchandise transactions occurred during December for two different companies: Rippen and Burnen. Both companies use a perpetual inventory system. What is the amount of net sales to be reported on Rippen Corporation's income statement?
Cayenne Corporation, an accrual basis taxpayer, has struggled to survive since its formation, six years ago. Calculate E&P for the year and determine Marty's tax consequences, assuming his basis is $65,000
ABC Company announced today, How much are you willing to pay to buy one share of this stock today if your desired rate of return is 8.0 percent?
Zero coupon bonds pay the investor the face value on the maturity date. What is the implicit interest in the first year of the? bond's life?
These amounted to $42,000 in December and $68,000 in January. Use this information to determine the projected ending balance of cash on hand for January
qgain recognition and basis computationjed acquired 25 percent of the stock of alpha corporation basis of 100000 12
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