Department has planned stock turnover

Assignment Help Financial Management

Reference no: EM131462167

1. During a six-month period, a department has a planned stock turnover of 3.2 and planned sales of $230,000. August sales are estimated at $38,000 and September sales at $42,000. Using the basic stock method, determine the BOM stock for August.

2. Planned sales in the junior sportswear department for April are $842,100, and the planned stock-sales ratio is 3.2. On April 1, how much stock is needed?

Reference no: EM131462167

Questions Cloud

Knowledge of electron configurations to explain : a. Silver tends to form ions with a charge of 1+, but the elements to the left and right of silver in the periodic table tend to form ions with 2+ charges.

How might manager go about formalizing informal organization : How do decisions concerning span of management, the use of committees, and coordination techniques affect organizational structure?

Which of the various factors in attraction are present : Review research that examines a possible source of aggression (e.g., the media, weapons, alcohol, environmental factors, etc.).

How is that argument countered today : Which argument against adopting the heliocentric model do you think was most compelling, and why? How is that argument countered today?

Department has planned stock turnover : During a six-month period, a department has a planned stock turnover of 3.2 and planned sales of $230,000.

Develop brief business documents : Use writing process strategies to develop brief business documents, such as routine messages, bad news messages, and persuasive/sales messages.

How did adam smith justify the ethics of capitalism : How did Adam Smith justify the ethics of capitalism? How does capitalism fit in with modern business life and how does it impact ethical dilemmas in workplace?

How is green mountain coffees constellation of communication : Even with a workforce of 600, Green Mountain Coffee Roasters, based in Waterbury, Vermont, stays as entrepreneurial as when Bob Stiller founded the company.

The accounts are listed in no particular order : Below are accounts of Super Pool Service, Inc. The accounts have normal balances on June 30, 2012. The accounts are listed in no particular order.

User Account

All Pages