Clancy incorporated sold $210,000 of its inventory to reid company during 2018 for $350,000. reid sold $224,000 of this merchandise in 2018 with the remainder to be disposed of during 2019. assume clancy owns 30% of reid and accounts for its investment using the equity method. what journal entry will be recorded in 2019 to recognize its share of the intra-entity gross profit that was deferred in 2018?

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins