You have the following information for Metlock, Inc. for the month ended October 31, 2017. Metlock, Inc. uses a periodic method for inventory.
Date Description Units Unit Cost or Selling Price
Oct. 1 Beginning inventory 59 $26
Oct. 9 Purchase 113 28
Oct. 11 Sale 103 35
Oct. 17 Purchase 103 29
Oct. 22 Sale 56 40
Oct. 25 Purchase 75 31
Oct. 29 Sale 102 40
Required:
Calculate the weighted-average cost.
Answers: 3
Business, 22.06.2019 11:00
What is the correct percentage of texas teachers charged with ethics violations each year?
Answers: 2
Business, 22.06.2019 13:10
Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?
Answers: 3
Business, 22.06.2019 17:00
Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:
Answers: 2
Business, 22.06.2019 17:00
Vincent is interested in increasing his earning potential upon completing his internship at a major accounting firm. which option can immediately boost his career in the intended direction? b. complete a certification from a professional organization c. complete a new four-year undergraduate program in a related field d. complete a two-year associate degree in a related field e. complete an online course in accounting
Answers: 3
You have the following information for Metlock, Inc. for the month ended October 31, 2017. Metlock,...
French, 15.01.2021 14:00
History, 15.01.2021 14:00
Mathematics, 15.01.2021 14:00
History, 15.01.2021 14:00
Mathematics, 15.01.2021 14:00
Mathematics, 15.01.2021 14:00
Mathematics, 15.01.2021 14:00
History, 15.01.2021 14:00
History, 15.01.2021 14:00
French, 15.01.2021 14:00