Ending inventory at the end of each period is given by ______.
A. ending inventory = beginning inventory of each period + production in that period
B. ending inventory = beginning inventory of each period + production in that period – forecasted demand in that period
C. ending inventory = beginning inventory of each period – production in that period
D. ending inventory = beginning inventory of each period – production in that period + forecasted demand in that period
B. ending inventory = beginning inventory of each period + production in that period – forecasted demand in that period
You might also like to view...
Which element below is a perception problem in which we form a positive or negative view of one aspect of an individual based on our overall impressions of that person?
A. halo effect B. stereotypes C. primary effect D. impression management
Using the information below, compute the days' sales in raw materials inventory: Raw materials used$121,600 Beginning raw materials inventory 18,000 Ending raw materials inventory 20,200
A. 54.0. B. 6.02. C. 6.76. D. 6.37. E. 60.6.
Perfection Company had cost of goods sold of $853,000, ending inventory of $70,500, and average inventory of $71,600. Its inventory turnover equals:
A. 14.0. B. 11.9. C. 1.0. D. 6.0. E. 30.6.
DeLouis owns an agency that specializes in bringing international buyers in contact with U.S. companies to facilitate global trade. What type of intermediary is DeLouis?
A. buyer for export B. export broker C. license agent D. import agent E. export agent