Reference no: EM131023165
Bambino Sporting goods makes baseball gloves that are very popular in the spring and early summer season. Units sold are anticipated as follows;
March 3,250
April 7,250
May 11,500
June 9,500
Total 31,500
If seasonal production is used, it is assumed that inventory will be directly match sales for each month and there will be no inventory buildup
The production manager thinks the preceding assumption is too optimistic and decides to go with level production to avoid being out of merchandise. He will produce the 31,500 units over 4 months at a level of 7,875 per month.
a. What is the ending inventory at the end of each month?, Compare the units sales to the units produced and keep a running total. ( Leave no cells blank - be certain to enter (0) whenever required.
Ending Inventory
March ...........................Units
April ..........................Units
May .........................Units
June ..........................Units
b. If the inventory cost $12 per unit and will be financed at the bank at a cost of 12%, what is the monthly financing cost and the total for the 4 months? ( Use 1 percnt as the monthly rate). Leave no cells blank - be certain to enter (0) whenever required.
Inventory Financing Cost
March .................................
April ..............................
May ..................................
June ..................................
Total Financing Cost ..................................
|
Construct an amortization schedule
: A family purchased a house valued at $300,000 Owners equity of 20% is required as an initial collateralized condition with the financed amount to be amortized in equal monthly amounts extended over a 15 year period @ 12%. Find : The borrowers financi..
|
|
What is the producer surplus in this market
: The government sets a tariff of 5 dollars per unit, and a quota of 5 units. That is, at most only five units of the good can be imported, and importers will have to pay 5 dollars for each unit they import. What is the producer's surplus in this ma..
|
|
True about stock
: Which of the following is not true about stock?
|
|
What specific cell type is affected in parkinsons disease
: What specific cell type is affected in Parkinson's disease? What is dopamine? What effects does dopamine have on the body?
|
|
Preceding assumption is optimistic-inventory financing cost
: The production manager thinks the preceding assumption is too optimistic and decides to go with level production to avoid being out of merchandise. He will produce the 31,500 units over 4 months at a level of 7,875 per month. What is the ending inven..
|
|
Discuss who would gain and who lose from this legislation
: Suppose that Congress passes a new law that requires all firms to accept paper currency in exchange for whatever they are selling. Briefly discuss who would gain and who would lose from this legislation.
|
|
What is the most important algorithm
: What is the most important algorithm or math model used in a U.S. citizen's daily life?
|
|
What is a medium of exchange
: Why would any member of a German tribe have been willing to accept a Roman coin from another member of the tribe in exchange for goods or services when the tribes were not part of the Roman Empire and were not governed by Roman law?
|
|
What are the coordinates of the crossing point
: There are 4 half-lines which project out from the crossing point. Clearly mark which of the two half-lines constitute the answer to the absolute value equation. (Make the half-lines thicker and darker.)
|