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Question - A local TV repairs shop uses 36,000 units of a part each year (A maximum consumption of 100 units per working day). It costs Rs. 20 to place and receive an order. The shop orders in lots of 400 units. It cost Rs. 4 to carry one unit per year of inventory.
1. If you are expecting 2 days delay, how much is the safety stock?
2. If you are expecting 2 days delay, how much is the reorder point?
Find what would be included and excluded in differential analysis? Propose specific revenues and costs should be considered in an evaluation to drop or keep
Find Accrual accounting rate of return based on net initial investment ?(Round interim calculations to the nearest whole dollar. Round the rate to two decimal?)
Using this information, prepare a budget for May stating the total amount for the May budget. Assume the budget will increase to 23,000 jars of sauce reflecting anticipated sales increase related to a new marketing campaign.
What are the typical items reported as current liabilities
Using the overhead-contribution method, calculate the preliminary menu price for a dish with a cost per portion of $3.62
What will be the impact on the company in the future and What suggestion you will give to company for cost savings
The following information was drawn from the accounting records of Vanner Manufacturing Company.
Estimate the total cost of manufacturing the tables for Cosmopolitan University. Determine the company's bid price if bids are based upon the total estimated manufacturing cost of a particular project, plus 75 percent.
Direct material, $13,500; direct labor, $6,000; and manufacturing overhead, $9,000. The journal entry to record the completion of the job is
Identify the amount of under or overapplied overhead, and indicate whether the Cost of Goods Sold account should be increased or decreased to reflect actual overhead costs.
Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold. Prepare a schedule of cost of goods sold.
Payment terms to this framer are net 30 or 5/15. How would you react if the average market for framing dropped and stabilized to $13,500
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