User Account

All Pages

What is level of safety stock if lead-time could be as high

Assignment Help Managerial Accounting
Reference no: EM132741490

Spencer Industries annually buys 900,000 units of Part XY. The EOQ is 2,000 units. Spencer Industry's average usage equals 3,000 units/day (900,000 units/300 working days) and the average lead-time for ordering Part XY is 8 days.

Problem 1: What is the level of safety stock if lead-time could be as high as 10 days?

a. 6,000 units

b. 7,000 units

c. 8,000 units

d. 9,000 units

Reference no: EM132741490

Questions Cloud

Find what is the semi-annually compounded interest rate : A major property developer is concerned about lack of sales, what is the semi-annually compounded interest rate during the payment period?
What is the gain on the sale of the equipment : The equipment was sold three years later on December 31 for $40,000. What is the gain on the sale of the equipment
Challenges manager faces in motivating employees : Identify three challenges a manager faces in motivating employees today as opposed to 50 years ago.
Designing value-based service : As the rate of innovation increases, companies face expanding product/service lines, shorter product and service lifecycles,
What is level of safety stock if lead-time could be as high : What is the level of safety stock if lead-time could be as high as 10 days? The EOQ is 2,000 units. Spencer Industry's average usage equals 3,000
Analysis IR paracetamol : Question: Analysis IR paracetamol
Post an explanation of how you would adjust your design : Post an explanation of how you would adjust your design described in the previous discussion to address specific design issues such as one-to-many.
Journalize the acquisition of the patent on July : Hollis Company acquired patents for $125,000 on July 1 of the current year. Journalize the acquisition of the patent on July 1
What is the cost per equivalent unit for conversion costs : What is the cost per equivalent unit for conversion costs for September closest to? Marten Corporation uses the FIFO method in its process costing system.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd