Illustrate what does inventory levels need to be maintained

Assignment Help Financial Accounting

Reference no: EM13126733

What does Inventory levels need to be maintained at 10% of the next months’ cost of goods sold. The gross margin for Spacely is 40%. There was $1,800 of inventory on hand at the end of December.

Reference no: EM13126733

Questions Cloud

Elimination for machine account as a result of transaction : What amount will be debited in the December 31, 2005 worksheet elimination for the machine account as a result fo this transaction?

Illustrate what is it about these two types of accounts : Among financial statement frauds, Revenue and Inventory accounts are the ones most often used to perpetrate fraud. Illustrate what is it about these two types of accounts that makes them more prone to fraud?

Calculate the final temperature of the solution : A 13.4-g sample of CaCl2 is dissolved in 109 g of water, with both substances at 25.0°C. Calculate the final temperature of the solution

Computing total work done : A tank in the shape of an inverted right circular cone has height 6 meters and radius 4 meters. It is filled with 5 meters of hot chocolate. Find the work required to empty the tank by pumping the hot chocolate over the top of the tank.

Illustrate what does inventory levels need to be maintained : Illustrate what does Inventory levels need to be maintained at 10% of the next months’ cost of goods sold. The gross margin for Spacely is 40%. There was $1,800 of inventory on hand at the end of December.

How many kilojoules of heat must be removed : If the water initially has a temperature of 26 0C, how many kilojoules of heat must be removed to cool and freeze the water at 0 0C?

Economic order quantity : Ben would like to use an inventory system that minimizes inventory cost and will satisfy 95 percent of his customers who order this wine. a. What is the economic order quantity for Ben to order?

Illustrate what is the amount of lebron gross income : Lebron received $50,000 of compensation from his employer and he received $400 interest from a municipal bond. Illustrate what is the amount of Lebron's gross income from these items?

Probability that population of suburb is divided by fifty : The chance that all 50 residents in a neighborhood end up being the sample of residents selected is: the population of the suburb divided by 50.

User Account

All Pages