In a retail supply chain, the ________ records the purchase information and electronically sends it to the corporate office.
A. UPC
B. VMI
C. ASN
D. POS terminal
E. data warehouse
Answer: D
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Which system produces information used for inventory valuation, budgeting, cost control, performance reporting, and make-buy decisions?
a. sales order processing b. purchases/accounts payable c. cash disbursements d. cost accounting
The rules that make it possible for users of networks to communicate are called protocols
Indicate whether the statement is true or false
Uniform Supply accepted a $4,800, 90-day, 10% note from Tracy Janitorial on October 17. What entry should Uniform Supply make on December 31, to record the accrued interest on the note?
A. Debit Cash $20; credit Notes Receivable $20. B. Debit Cash $120; credit Interest Revenue $100; credit Interest Receivable $20. C. Debit Interest Receivable $100; credit Interest Revenue $100. D. Debit Cash $100; credit Notes Receivable $100. E. Debit Interest Receivable $20; credit Interest Revenue $20.
Racer Industries is currently purchasing Part No. 76 from an outside supplier for $80 per unit. Because of supplier reliability problems, the company is considering producing the part internally in an idle manufacturing plant. Annual volume over the next six years is expected to total 300,000 units at variable manufacturing costs of $75 per unit.Racer must acquire $80,000 of new equipment if it reopens the plant. The equipment has a six-year service life, a $14,000 salvage value, and will be depreciated by the straight-line method. Repairs and maintenance are expected to average $5,200 per year in years 4-6, and the equipment will be sold at the end of its life.YearFV of $1 at 12%FV of an ordinary annuity at 12% PV of $1 at 12%PV of an ordinary annuity at
12% 11.1201.0000.8930.89321.2542.1200.7971.69031.4053.3740.7122.40241.5744.7790.6363.03751.7626.3530.5673.60561.9748.1150.5074.111Required:Rounding to the nearest dollar, use the net-present-value method (total-cost approach) and a 12% hurdle rate to determine whether Mark should make or buy Part No. 76. Ignore income taxes. What will be an ideal response?