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3 years ago

What are purchased items or extracted materials that will be transformed into components or products called?

Business

1 answer:

Amanda [17]3 years ago

8 0

Answer:

Purchased items or extracted materials that will be transformed into components or products are called (A) Raw materials inventory

Explanation:

Raw materials inventory is the complete expense of all segment parts at present in stock, which is not in use, therefore, a continuous process or completed stock creation. There are two subcategories of crude materials, which are direct materials. These are materials fused into the last item.

Raw materials may at times be announced out of date, perhaps because they are never again utilized in organization items, or because they have debased while away, thus can never still be used

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Dunstreet's department store would like to develop an inventory ordering policy of a 95 percent probability of not stocking out.

ArbitrLikvidat [17]

Answer:

219 sheets

Explanation:

D = 5000 per year,

d = daily demand = 5000/365 = 13.70 sheets

T = time between orders (review) = 14 days

L = Lead time = 10 days

σd= Standard deviation of daily demand = 5 per day

I = Current Inventory = 150 sheets Service Level

P = 95% (Probability of not stocking out) q=d(L+D)z σ T+L-1

σ T+L-1= square root (T+L)=5 square root 14+10= 24.495

From Standard normal distribution, z = 1.64 for 95% Service Level (or 5% Stock out)

q=13.70*(14+10)+1.64(24.495)-150

= 218.97 →219 sheets

5 0

2 years ago

Read 2 more answers

Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clie

USPshnik [31]

Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clients' products and services. vita link company is an advertising agency.

Advertising agencies work with businesses to design and execute advertising campaigns and measure their success. You can also oversee promotions, branding, and marketing strategies.

The Big Five Advertising Agencies consist of WPP plc, Omnicom Group, Publicis, Interpublic Group of Companies, and Dentsu. Global advertising spending exceeded $563 billion in 2019. North America is the largest investor in this sector, followed by Asia and Western Europe.

External companies are known as advertising agencies. Examples of international advertising agencies are WPP and Omnicom Group.

Learn more about advertising agencies here: brainly.com/question/15611949

#SPJ4

3 0

4 months ago

When McDonald's corporate headquarters offers a local McDonald's franchise to a franchisee on Bourbon Street in New Orleans, it

Sloan [31]

Answer: exclusive

Explanation: Exclusive distribution refers to the distribution system in which the company allows only some retailers exclusively to distribute their product in a particular geographic region.

In the given case, McDonald's is offering franchise to an existing franchisee of the company. Thus, we can conclude that the above case is an example of exclusive distribution system.

4 0

2 years ago

Assume that Sandhill Co. uses a periodic inventory system and has these account balances: Purchases $420,800; Purchase Returns a

ivolga24 [154]

Answer:

Cost of goods Sold = $384,000

Gross Profit = $259,000

Explanation:

Cost of goods sold = Opening Inventory + Net Purchase - Closing Inventory

Opening Inventory = $58,100 Closing Inventory = $92,600

Net Purchases = Purchase - Purchase Return - Discounts + Freight in

Freight in forms part of cost of purchase because without this expense inventory cannot be bought in.

Net Purchases = $420,800 - $11,900 - $8,100 + $17,700 = $418,500

Cost of goods Sold = $58,100 + $418,500 - $92,600 = $384,000

Gross Profit = Sales - Cost of Goods Sold

= $643,000 - $384,000 = $259,000.

6 0

2 years ago

Jefferson Co. uses the following standard to produce a single unit of its product: Variable overhead $6 (2 hrs. per unit @ $3/hr

tankabanditka [31]

Answer:

B. 6,000U

Explanation:

The total variable overhead variance shall be calculated using the following formula:

Variable overhead variance=(Actual units produced*Standard hours per unit* Standard rate per hour) - (Actual variable production overhead cost of actual production)

Standard rate per hour=$3

Standard hours per unit=2

Actual units produced=24,000

Actual variable production overhead cost of actual production=$150,000

Variable overhead variance=(24,000*2*3-150,000)

=(144,000-150,000)

=$6,000U

So the answer is B. 6,000U

7 0

3 years ago