During a six month period, a department had planned sales of $75,000 and planned turnover of 2.6. Using the Basic Stock Method, determine the BOM stock for February, if planned sales for February are $10,500.

Answers

Answer 1

Answer:

the BOM stock is $26,846

Explanation:

The computation of the BOM stock for the feb month is shown below:

But before that following calculations need to be done

Average stock is

= net sales ÷ stock turnover

= $75,000 ÷ 2.6

= $28,846

Now the basic stock is

= Average stock - monthly sales

= $28,846 - ($75,000 ÷ 6)

= $16,346

And, finally BOM stock is

= Planned sales + basic stock

= $10,500 + $16,346

= $26,846

hence, the BOM stock is $26,846


Related Questions

Will mark brainly
Martha runs a small travel and tourism business. She, along with her staff, organizes vacations for her clients. Recently, Martha opened a new branch of her business in a different city. She has decided to print new brochures and catalogs that give information about her business. She also plans to mail these brochures to various homes in a location that attracts customers. Which type of promotion does Martha plan to use?
A.
sales promotion
B.
direct marketing
C.
personal selling
D.
advertising
E.
public relations

Answers

Answer:

c

i can't ghshjdhnsjsggsbdn

Answer:

B - Direct Marketing

Explanation:

1. Plato

2. personal selling is meeting face to face. Direct marketing does not invlove interaction with customers. (:

When deciding whether or not to replace old equipment with new equipment, the overriding consideration is the

Answers

Answer: d. difference between future cost savings and the new equipment's costs.

Explanation:

When deciding whether or not to replace old equipment, the main thing the company should be concerned about is if the new equipment is worth it. This worth will be measured by how much it saves for the company over the old equipment vs its cost.

If the cost of the equipment is less than the future savings it will bring in, it should be bought to replace the old equipment because it would be contributing more than it costs. If the reverse is true then it should not be bought.

You are graduating from college at the end of this semester and have decided to invest ​$ at the end of each year into a Roth IRA​ (a retirement investment account that grows tax free and is not taxed when it is​ liquidated) for the next years. If you earn percent compounded annually on your investment of ​$ at the end of each​ year, how much will you have when you retire in ​years? How much will you have if you wait 10 years before beginning to save and only make payments into your retirement​ account?

Answers

Answer:

the numbers are missing, so I looked for similar questions:

You are graduating from college at the end of this semester and have decided to invest $5,000 at the end of each year into a Roth IRA, (which is a retirement investment account that grows tax free and is not taxed when it is liquidated) for the next 45 years. If you earn 8 percent compounded annually on your investment of $5,000 at the end of each year, how much will you have when you retire in 45 years? How much will you have if you wait 10 years before beginning to save and only make 35 payments into your retirement account?

We have to determine the future value of an annuity:

FV = annual contribution x FV annuity factor

annual contribution = $5,000

FV annuity factor, 45 periods, 8% = 386.50562

FV = $5,000 x 386.505662 = $1,932.528

if you wait 10 years before starting to save, then the future value will be:

FV = annual contribution x FV annuity factor

annual contribution = $5,000

FV annuity factor, 45 periods, 8% = 172.3168

FV = $5,000 x 172.3168 = $861,584

Which of the following would be part of a financial managers investment decision?

a.
Raising money using equity finance.

b.
Spending money on Capital Expenditure.

c.
Spending money on revenue expenditure.

d.
Borrowing Funds.​

Answers

Answer:

C

Explanation:

Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?

Answers

Answer:

C. Corporation- partnership - Sole Proprietorship

Explanation:

Corporation- partnership—Sole Proprietorship is the diagram arranges the types of business organizations from the most complicated to start to the least complicated to start. Hence, option C is correct.

What is partnership?

Partnership is the deal between the two person or party to start the business, partnership can be legally registered or can also start without the partnership agreement.

In partnership the investment is invested by both the partners that and the profit and loss is divided into equally.

Thus, option C is correct.

For more details about Partnership, click here:

https://brainly.com/question/19988417

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in a market segment approach, which statement below dose not apply​

Answers

where is the statement ??

A firm has an Inventory turnover (IT) of 5 times a year on a cost of goods sold (COGS) of $800,000. If the firm improves the inventory turnover to 8 times a year while the COGS remains the same, which of the following statements is true?

a $100,000 is additionally invested in purchasing stock.

b. $160,000 is released into the working capital.

C. $60,000 is additionally invested into purchasing stock

d. $60,000 is released into the working​

Answers

Answer:

d. $60,000 is released into the working​

Explanation:

A high inventory indicates that a company sells its stock many times in a year. It means its costs of managing inventory decreases.

The inventory turnover ratio is calculated as below

=Cost of goods sold/ average inventory

If COGS = $800,000 and the inventory turnover ratio =5,

the average inventory will be

=$800,000 /5

=$160,000

With a turnover of 8, and COGS remain $800,000, average inventory will now be

=$800,000/8

=$100,000

The average inventory will decrease to $100,000 from $160,000 previously.

$60,000  will be released to working capital.

For a period during which the quantity of product manufactured exceeds the quantity sold, operating income reported under absorption costing will be smaller than operating income reported under variable costing. True False

Answers

Answer:

False

Explanation:

Operating income reported under absorption costing will be smaller than operating income when quantities of products manufactured are less than the quantities sold (Sales > Production). This is because Fixed costs deferred in inventory will be falling and the costs of sales in absorption cost will be rising.

Identify five areas of concern where business standards apply

Answers

Answer:

The government regulates the activities of businesses in five core areas: advertising, labor, environmental impact, privacy and health and safety.

Consumer protection Via Advertising Restrictions. ...

Employment and Labor Protection. ...

Environmental Impact of Business. ...

Date Security and Privacy Protection. ...

Safety and Health.

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