One thing that an MRP II system has that an MRP system does not is ________
Fill in the blanks with correct word
a linkage to the financial system
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At the beginning of the year, Sigma Company's balance sheet reported Total Assets of $195,000; Total Liabilities of $15,000; and Total Paid-in capital of $60,000. During the year, the company reported total revenues of $226,000 and expenses of $175,000. Also, dividends during the year totaled $48,000. Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be:
A. $120,000. B. $123,000. C. $171,000. D. $78,000. E. $174,000.
Hasham purchases inventory from overseas and incurs the following costs: the merchandise cost is $80,000, credit terms 1/10, n/30, applicable only to the $80,000; FOB shipping point freight charges are $2,500; insurance during transit is $300; and import duties are $1,500. Hasham paid within the discount period. Compute the cost that should be assigned to the inventory.
A. $84,300 B. $81,700 C. $81,000 D. $79,200 E. $83,500
Systems that allow customers to purchase products and have them delivered in different ways are called ______.
A. multichannel business systems B. multichannel marketing systems C. single-channel marketing systems D. multichannel buying systems
As a manager, how would you determine the standard price and quantity of materials, labor, and overhead for a particular product?