On December 31 of the current year, Plunkett Company reported an ending inventory balance of $211,500. The following additional information is also available:? Plunkett sold and shipped goods costing $37,300 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $211,500. ? Plunkett purchased goods costing $43,300 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $211,500. ? Plunkett's ending inventory balance of $211,500 included $14,300 of goods being held on consignment from Carole
Company. (Plunkett Company is the consignee.) ? Plunkett's ending inventory balance of $211,500 did not include goods costing $94,300 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end. Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is:
A. $205,500
B. $197,200
C. $191,200
D. $168,200
E. $153,900
Answer: E
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A) risk management plans B) project implementation audit C) business case justification D) system documentation
In the basic EOQ model, if D = 80 per month, Co = $13, and Cc = $11 per unit per month, what is the EOQ?
What will be an ideal response?
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