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Sharp Edges makes specialty skates for the ice skating circuit. On December 31, 2012, the company had (a) 1,500 skates in finished goods inventory (b) 2,500 blades at a cost of $ 20 each in raw materials inventory. During 2013, Sharp Edges purchased 45,000 additional blades at $ 20 each and manufactured 20,750 pairs of skates.Required:1. Determine the unit and dollar amounts of raw materials inventory in blades at December 31, 2013. Analysis Component:2. Write a one half page memorandum to the production manager explaining why a just in time inventory system for blades should be considered. Include the amount of working capital that can be reduced at December 31, 2013, if the ending blade raw materials inventory is cut in half.
What is the approximate inventory on February 10, 2012 - Presented below is information compiled up to the date of the fire.
In detail, recognize the difference between managerial style and managerial function.
Evaluate the cost per equivalent unit for direct materials and for conversion costs using the FIFO method.
Analyse the annual reports of your chosen companies in light of the standard requirements - Compare and contrast the two annual reports, identify the differences in disclosures of executive compensation schemes and employee benefits.
Demand for the company's products is very strong, with far more orders each month than the company can produce with the available raw materials.
If a company sells a product at $60.00 per unit that has unit variable costs of $40.00 The co break-even sales volume is $120,000 How much profit will the company make if it sells 4,000 units? Please explain.
Give the following cost data Costs /per unit labor . $ 4 Materials .5 Fixed cost . $ 12000 Determine the break even point in units if the selling price is $ 19.00 Determine the break-even point in sales at a selling price of $ 19.00 What would profit..
the major task that you need to complete in this subject is the preparation of a report which provides an assessment of
Petty Petroleum, Inc. uses various chemicals to manufacture its products. Variance data for last month for three primary chemicals used in production are as follows (F indicates a favorable variance; U indicates an unfavorable variance):
Prepare budget for Ballarat Furniture Company
Travelbus is an Internet-based travel agency wherein customers can see videos of the cities they plan to visit. What is the probability of getting more than 12,000 hits
consider there is a well-financed one-year-old company in the biotech industry that is concentrating on developing
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