Determine the bom stock for august

Assignment Help Financial Management

Reference no: EM131908959

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: EM131908959

Questions Cloud

Draw the new demand curve and show workings : Show how this demand function for apples changes if Pp increase to $2 but Y falls to $8 at the same time. Draw the new demand curve and show workings.

What is the profit-loss on the un-hedged spy position : Based on the spot-future b estimate (shown below), calculate the number of e-mini S&P 500 futures contracts you need to hedge your portfolio.

How could operations management have helped : Describe a customer experience you have personally encountered where the good or service or both were unsatisfactory.

Company operating cycle and net operating cycle : The difference between a company’s operating cycle and its net operating cycle is:

Determine the bom stock for august : August sales are estimated at $38,000 and September sales at $42,000. Using the basic stock method, determine the BOM stock for August.

Review problem related to business in a partnership : A group of three friends, all college roommates, started a sports goods retail business in a partnership 25 years ago, which grew to 125 stores spread.

Prepare an income statement for the quarter ended march : Prepare the journal entries to reflect the above transactions. Prepare an Income Statement for the Quarter ended March 31, 2009.

Why are tax laws important to healthcare organizations : Why are tax laws important to healthcare organizations? What are the basic characteristics of insurance? give an example.

What are the major types if subsequent events : What are the major types if subsequent events? Indicated how each of the following subsequent events would be reported.

User Account

All Pages