Calculate the free stock balance

Assignment Help Accounting Basics
Reference no: EM133133990

Question 1 - You are given the following information:

Physical Stock balance 1800 units

Quantities on outstanding purchase orders 2700 units

Quantities on outstanding requisitions 900 units

Required - Calculate the Free Stock Balance.

Question 2 - What role does the free stock balance play in inventory management?

Question 3 - You are given the following information

Physical Stock balance ¼ of the Free Stock Balance

Quantities on outstanding purchase orders 2700 units

Quantities on outstanding requisitions 900 units

Required - Calculate the

1. Physical stock balance

2. Free stock balance

Question 4 - You are given the following information

Physical Stock balance 1/5 of the Free Stock Balance

Quantities on outstanding purchase orders 40,000 units

Quantities on outstanding requisitions 5,000 units

Required - Calculate the physical stock balance and the free stock balance.

Reference no: EM133133990

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