Planned EOM stock is $61,321.00, planned sales are $19,238.00, planned reductions are $5,275.00, and Planned BOM stock is $57,432.00. What are the planned purchases at retail?
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Planned EOM stock is $61,321.00, planned sales are $19,238.00, planned reductions are $5,275.00, and Planned BOM stock is $57,432.00. What are the planned purchases at retail?
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- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?On August, a light business bought $3600 worth of lamps. At the beginning of September, the store had $1400 in lights on hand, and by the end of September, it projected to have $1600 in lamps on hand to meet some of the forecasted October sales. And what's the August planned cost of goods sold?
- CVP Analysis with Income Taxes Cohen Company produces and sells socks. Variable cost is$6 per pair, and fixed costs for the year total $75,000. The selling price is $10 per pair.Required Calculate the following:1. The breakeven point in units.2. The breakeven point in sales dollars.3. The units required to make a before-tax profit of $40,000.4. The sales dollars required to make a before-tax profit of $35,000.5. The sales, in units and in dollars, required to make an after-tax profit of $25,000 given a tax rate of 30%.Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows: MONTH DEMAND (UNITS) January 4,150 February 4,250 March 3,950 April 4,350 May 4,950 June 4,650 July 5,250 August 4,850 September 5,350 October 5,650 November 6,250 December 5,950 a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this…Given the forecast and booked orders shown in the table, and a beginning inventory of 25, what should the master production schedule quantity be for period 4? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Manuel Romo sells tires at the local shopping mall. Romo earns 20% commission on the first $500, 25% one the next $1,000 and 30% on sales over $1,500. Last weekend he sold $2,750 worth of tires. What is his total commission?this is 2.5 years old store. Last year cp is 109,350, bonus is 4,500and worker comp is 900. This year CP is 116,400, bonus is 3,600 and worker comp is 750. Budget CP is 108,000 Bonus 4,650 and worker comp is 900. What is the AM's quarterly financial bonus based on this data?6) APP Transportation (No Backorders Permitted) 1) Solve for the Production Plan. What is the value of A? Group of answer choices a) 0 b) 100 c) 500 d) 200 e) 300 f) 400 7) 2) What is the total cost for all units produced during the 1st time period? Group of answer choices a) $51,600 b) $40,900 c) $36,100 d) $72,100 e) $36,500 f) $21,000
- Over the past 12 months, Super Toy Mart has experienced a demand variance of 10,250 units and has produced an order variance of 12,050 units. Part 2 a) The bullwhip measure for Super Toy Mart is ______ (round your response to two decimal places). Part 3 b) If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order 1/12 of that annual demand each month, the bullwhip measure would have been ______ (round your response to the nearest whole number.)An investment proposal will have annual fixed costs of $60,000, varial costs of $35 per unit of output, and revenue of $55 per unit of output. i) Determine the break-even quantity. ii) What volume of output will be necessary for an annual profit of $60,000Briefly ex the advantages and disadvantages of each of these planning strategies: Maintain a level rate of output and let inventories absorb fluctuations in demand. Vary the size of the workforce to correspond to predicted changes in demand requirements. Maintain a constant workforce size, but vary hours worked to correspond to predicted demand requirements.
