Which of the following correctly pairs the type of packaging with its description?
a. primary packaging: the material that is mixed with the contents of a product
b. secondary packaging: outer wrappings that envelop and protect tertiary packages
c. tertiary packaging: protects products during transportation and bulk handling
d. security packaging: packaging used to secure goods from theft
c. tertiary packaging: protects products during transportation and bulk handling
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Barbara's Boats uses the periodic inventory system and the net method of accounting for purchases. The company had the following transactions during January:January 6: Purchased $10,000 of inventory. The seller's credit terms are 2/10, n/30.January 31: Due to an oversight, the invoice was not paid within the discount period. Full payment was made on January 31.Prepare journal entries to record each of the preceding transactions.
What will be an ideal response?
Goods on consignment should be included in the inventory of
a. the consignor but not the consignee. b. both the consignor and the consignee. c. the consignee but not the consignor. d. neither the consignor nor the consignee.
Consider a work center with a demand rate of 20 parts per hour and using a container that can hold 5 parts. It is estimated that the container takes 30 minutes to cycle through the work cell. Assume a safety stock level of 10 percent. What is the unrounded value of K for this system?
a. 1.2 b. 2.2 c. 3.2 d. Cannot be determined from the information given
A local craft brewer offers many varieties of beer. You can find robust stout beer, pale ales, and beer flavored with everything from coffee to citrus fruit. This is an example of the brewer's
A. width of assortment. B. depth of assortment. C. breadth of assortment. D. length of assortment. E. variety of assortment.