● PriceO DistributionO Work force level○ Promotion☐ Question 3Take QuizExit0.63 pts3. In a market situation where supply exceedsdemand, which from the following list wouldyou generally work on first?Change finished goods inventory levelsO Hire or layoffPromotionO Change overtime or under time☐ Question 40.63 pts4. Which from the following list would yougenerally work on first?Scheduling decisions.

Option a (Change finished goods inventory levels) : This option is correct because adjusting…

Answered: ● Price O Distribution O Work force…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Convert Insert MANAGEMENT SCIENCE ASSESSMENT TASKS PROBLEM 1. For each of the following costs, indicate whether the cost would be an out-of-pocket carrying cost (C), or a cost of placing an order (P). If the item does not qualify for either of these categories, note that it as none of the above (N) Assume that wages vary with the level of work while salaries are fixed for a monthly or longer time period. 1. Hourly fee for inventory audit. 2 Salary of purchasing supervisor. 3. Costs to audit purchase orders and invoices, on a per-order basis. 4. Taxes on inventory. 5. Stockout costs. 6. Storage costs charged per unit in inventory. 7. Fire insurance on inventory. 8. Fire insurance on warehouse. 9. Obsolescence costs on inventory. | 10. Shipping costs per shipment. PROBLEM 2 The Strawberry Bread Company buys and then sells (as bread) 2.6 million bushels of wheat annually. The wheat must be purchased in multiples of 2,000 bushels. Ordering costs, which include grain elevator removal…
Product costs under variable costing are typically: Question 1 options: lower than under absorption costing higher than under absorption costing the same as with absorption costing higher than absorption costing when inventory increases
Relevant of differential cost analysis takes all variable and fixed costs into account to analyze decision alternatives considers only variable costs as they change with each decision alternative considers the change in reported net income for each alternative to arrive at the optimum decision for the company considers all variable and fixed costs as they change with each decision alternatives The term that refers to costs incurred in the past that are not relevant to a future decision is full absorption cost sunk cost incurred marginal cost under allocated indirect cost
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a. Prepare an income statement based on full absorption costing. Only use a negative sign with your answer for net income (loss), if the answer represents a net loss. Otherwise, do not use negative signs with any answers. Round answers to the nearest whole number, when applicable. Sales Absorption Costing Income Statement Cost of Goods Sold: $ 100,000 Beginning Inventory Direct labor 47,000 ✔ Manufacturing overhead いく 21,000✓ Less: Ending Inventory Cost of Goods Sold Gross profit 0 x 80,000 * Operating expenses ÷ Net Income (Loss) $ 32,000 x 11,400 x
Ih order to attract investors and borrow on attractive terms, a company would use in times when inventory costs are rising. A) average costing B) specific-identification costing C) FIFO O D) LIFO
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1- What does the EOQ decision model help managers do? 2- Why are companies using just-in-time purchasing? 3- What are the main features of JIT production? 4- How does backflush costing simplify traditional inventory costing? 5- How is lean accounting different from traditional costing systems?
Time left 1:46 Which of the following statements about CVP analysis is false? O a. Unit selling price, unit variable costs, and total fixed costs are known and remain constant. Ob. All of the given answers are true. Oc. Managers use (CVP) analysis to study the behavior of and relationship among the elements such as total revenues, total costs, and income O d. Total revenues and total costs are linear in relation to output units. O e. Operating income calculations in CVP analysis are based on contribution margin not gross margin. 14:13 A O A d0 ENG 15-04-2021 re to search hp end brt sc delete home & num 23 + backspace 24 4. lock 8. 3. 6 7 V 8 A home enter 5 0 D F G J K L. pause 51 B ↑ shift 11 2 N M end alt ctrl ins
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Discuss the two (2) components of every Sales dollar, and defend the choice of a business to utilize the LIFO inventory costing system, in a period of rising prices.

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