What is the maximum level of stocks possible

Assignment Help Cost Accounting
Reference no: EM132665802

Question 1: A domestic appliance retailer with multiple outlets stocks a popular toaster known as the Autocrisp 2000, for which the following information is available:

Average sales

75 per day

Maximum sales

95 per day

Minimum sales

50 per day

Lead time

12-18 days

Re-order quantity

1750

(i) Based on the data above, at what level of stocks would a replenishment order be issued?

A 1050 B 1330 C 1710 D 1750

(ii) Based on the data above, what is the maximum level of stocks possible?

A 1750 B 2860 C 3460 D 5210

Reference no: EM132665802

Questions Cloud

What is the decision based on irr : What is the decision based on IRR? As the finance manager for the company, which project or projects will be accepted? Explain your reasoning
Security mechanisms associated with virtualization : Do some Internet research on security mechanisms associated with virtualization.
What are recognition criteria for liabilities and expense : Does the liability and expense in this instance meet the recognition criteria? What are the recognition criteria for liabilities and expenses?
Which statements is false regarding inventory management : Compute the future value in year 10 of a $1,000 deposit in year 1, and another $1,500 deposit at the end of year 4 using an 8 percent interest rate.
What is the maximum level of stocks possible : Based on the data above, at what level of stocks would a replenishment order be issued and what is the maximum level of stocks possible
Describe implications for practice and future research : In 500-750 words, develop an evaluation plan to be included in your final evidence-based practice project. Provide the following criteria in the evaluation.
Technology play in development of scientific revolution : What role does technology play in the development of the Scientific Revolution? How important were these discoveries to the treatment of disease?
Which not one of cautions in using ratios to evaluate firm : According to the list provided in the textbook, which of the following is NOT one of the cautions in using ratios to evaluate firm performance?
Describe importance of collaboration for two conditions : You have several students with Asthma. Discuss the difference between an asthma action plan and an Individualized health plan. Create a PowerPoint or Prezi.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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!

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