CH XX - Inventory Managment Miriam

Inventory Management -- Class Work Sheet (CW-14) Q. 14. Jean-Marie Bourjolly's restaurant has the following inventory items that it orders on a weckly hai .. a) Which is the most expensive item, using annual dollar volume? b) Which are C items based on annual dollar volume? c) What is the annual dollar volume for all 20 items? SValue #Ordered per Week 52 week $ Total % of inventory Cumulative Imventory 5 Inventory Item per Case Item no Rank Васon Chickens Eggs (case) Fish filets French fries Garlic powder Lettuce (case) Lobster tail Napkins Oil Order pads Pasta Pepper Prime rib Rib eye steak Salt Sugar Tablecloths Tomato sauce Trashcan liners 56 75 22 143 43 11 2. 3. 14 7. 10 32 35 245 12 28 12 23 8. 6. 2 10 11 12 13 14 15 16 17 18 19 20 166 135 4. 32

7 8 Part 3: Economic Ordering Quantity 9 1. Calculate the company's EOQ for Engine Valve A1100 (make sure to link values to the other tabs): 10 11 Estimated Annual Sales this year: 12 Ordering cost for each order: 13 Carrying Cost per unit 14 15 EOQ: 16 units units 17 2. Complete the table below by linking to the appropriate cells in the other tabs: 18 19 Order Size Total Total Carrying Cost Ordering Cost 24 20 21 28 29 30 22222222223 25 26 5 10 20 50 100 27 3. Create a graph of both the Carrying and Ordering cost. Make sure your EOQ ties to where the two lines cross. Rename your Chart to: Cost of Ordering & Carrying Inventory L

Help ४ Mauro Products distributes a single product, a woven basket whose selling price is $23 per unit and whose variable expense is $20 per unit. The company's monthly fixed expense is $5,100. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. e here to search O 100 Font Family 31 Samp T Font Sizes J JF 58 PARKE WAARME A WAR www. Shakle

Additional Algo 10-18 Holding Costs Express Scripts has $2,023 million of inventory. Their holding cost is 31%. What is the total annual cost for carrying inventory at Express Scripts? (in $ million). Instruction: Round your answer to one decimal place. Total annual cost for carrying inventory million

Question 1 4 pts Joan Zorba orders calculators for her office supply stores. Each calculator cost $35, currently she is ordering 230. Daily demand for these calculators is 5. The cost to re-order this item is estimated at $44, while the annual inventory holding cost is 22%. Orders are received two working days after an order is placed. The office operates 52 weeks per year, 5 days per week. What is the total annual cost using the EOQ? O Greater than or equal to $3377 and less than or equal to $3477 O Greater than or equal to $900 and less than or equal to $990 Greater than or equal to $4475 and less than or equal to $4576 Greater than or equal to $1688 and less than or equal to $1788 Next ▸

Inventory Costing Methods—Periodic MethodThe Luann Company uses the periodic inventory system. The following July data are for an item in Luann's inventory:  July 1 Beginning inventory 30 units @ $9 per unit   10 Purchased 50 units @ $11 per unit   15 Sold 60 units       26 Purchased 25 units @ $13 per unit   Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods.  Note: Round your cost per unit to three decimal places, if needed. Then round your final answers to the nearest dollar. A. First-in, First-out:     Ending Inventory Answer     Cost of Goods Sold: Answer   B. Last-in, first-out:     Ending Inventory Answer     Cost of Goods Sold: Answer   C. Weighted-average cost:     Ending Inventory Answer     Cost of Goods Sold Answer

Complete the inventory table by calculating the total cost of purchases, the goods available for sale, the cost of the goods available for sale, and the ending inventory. Date of purchase Beginning inventory Units Cost per purchased unit 41 $830 Total cost Retail price Total retail per unit value $975

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UNITS OF VARIABLE TOTAL MARGINAL AVERAGE PRICE OF INPUT PRODUCT PRODUCT PRODUCT INPUT TOTAL VARIABLE COST AVERAGE VARIABLE COST TOTAL FIXED TOTAL AVERAGE TOTAL MARGINAL COST COST COST COST 012345678 0 $1 $2 6 $1 2 15 $1 27 $1 37 $1 45 $1 50 $1 52 $1 50 $1 ଖ ଖ ଖ ଖ ଖ ଖ ଖ ଖ ଖ $2 $2 $2 $2 $2 $2 $2 $2

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A fruit stand owner rents a stall at the market for $255$⁢255. Each month, the owner spends $295$⁢295 for an accountant’s services and $695$⁢695 on fresh fruit. The fruit stand sells 135135 kilograms of fruit monthly at a price of $8$⁢8 per kilogram.   Step 1 of 2:  Calculate the fruit stand’s profit or loss. Write the exact answer; do not round. Use a minus sign to show losses if necessary.

Please see the attached two pictures, one for the graph, and the other for the questions.

​c) What is the monthly profit or loss if the company stays with Clunker and sells 90,000 bags per​ month?   The monthly profit or loss if the company stays with Clunker and sells 90,000 bags per month is ​$enter your response here. ​(Round your response to the nearest dollar and include a minus sign if​ necessary.)

The currency exchange rates between different countries are very important for firms selling their products in another-country market since They may affect company profitability They may affect company revenues Ob. They may affect company costs They may affect all of the above Od. A hot dog stand operates five days a week. Each day she sells 120 hot dogs for $3 cach, 50 pretzels for $2 each and 4o sodas for $1 cach. The cost for each hot dog is 50¢, for each pretzel 20¢ and for each soda 10¢. How much is her weekly profit? $426 $500 $1500 $2130 d.

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18.1.27 Question Help * Use the inventory table and the gross profit inventory method to estimate the ending inventory and cost of goods sold if a 40% gross profit is realized on sales and net sales are $115,230. Units Cost per Total Retail price Total retail $36,120 5985 value $41,370 $35,400 $2,105 $42,100 $17,550 $1,996 ETUTI $975 Date of purchase Beginning inventory February 5 February 19 March 3 purchased unit cost per unit 42 $860 20 $1,770 18 26 $470 Goods available for sale 106 25 Units sold Ending inventory The estimated cost of goods sold is $ $12,220 $600 $35,928 $15,600 $134,998

Any shopping mall has so- shopping mall called common areas: hallways, food courts, kids play areas, and so on. A ? shopping mall owner splits the total annuals expenses for the common area maintenance (CAM) between all tenants: anchor stores and in-line tenants. Because anchors bring a lot of customers into the mall, it is customary to charge them a relatively low CAM charge per square foot per year on top of their base rent. Calculate the CAM charge per square foot per year that the in-line tenants are required to pay on top of their base rents.

4-2 Game Day Shuttle Service You run a game day shuttle service for parking services for the local ball club. Your costs for different customer loads are 1: $30, 2: $32, 3: $35, 4: $38, 5: $42, 6: $48, 7: $57, and 8: $68. What are your MCs for each customer load level? What is the AC? If you are compensated $10 per ride, what customer load would you want?

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H.W 7/ For the following data: Fixed cost = 100,000 ID Variable cost per unit = 300 ID Selling price per unit=500 ID n = 500 Calculate BEP by using chart method

18. Annual sales: $165,000 Average inventory: $14,700 Inventory turnover (nearest tenth):? Powered by Linklt! >> F9 吕口 F3 000 D00 F4 F7 F8 F5 F6 & $ 4

7.Birla Hoardings Ltd. is a new board company. They received an order of 6000 bill boards for a product. Each bill board will be sold at $950. The table below shows the list of the costs (fixed and variable costs) of different items required to produce the bill board. (10 marks) ITEMS Rent Loan repayment Managerial cost Sheet metal per board Labor per board Packaging per board COSTS 470 315 200 100 82 20 Find the following: 1)Total Variable Cost, 2)Total Fixed cost, 3) Total cost, 4)Total revenue, 5)Profit,6) Average cost

Lin Corporation has a single product whose selling price is $135 per unit and whose variable expense is $81 per unit. The company's monthly fixed expense is $23,700. Required: 1. Calculate the unit sales needed to attain a target profit of $6,000. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $9,300. (Round your intermediate calculations to the nearest whole number.) 1. Units sales to attain target profit 550| units 2. Dollar sales to attain target profit