Answer:
A. The rate when the inventory was paid for
Explanation:
The U.S. company should register the inventory purchase in their balance sheet using the $/C$ exchange rate at that date the inventory was paid for since that would represent the actual monetary value spent on inventory. The rate is subject to change and, therefore, using the exchange rate at the time of delivery, sale or at the balance sheet date, could incorrectly represent the company's inventory expenses.
Answer:
The information provided to Kanska was insufficient.
Explanation:
The onus was on the company to provide all the necessary information for Kanska to work with.
An application development firm only creates applications based on the requirements gathered from clients and if clients don't divulge all necessary information, there is bound to be dissatisfaction in service when the mobile application is provided.
Answer:
<u>Hence, 2,140 units are to be produced in November.</u>
Explanation:
November unit sales=2,300
Add: November desired ending unit finished goods inventory=720
Less: November beginning finished goods inventory (October ending inventory)=(880)
Units to be produced in November=2300+720-880=2,140
Answer:
The marginal cost will most likely increase to $2.00
Explanation:
Because I just did it.
Answer:
EOQ: 80
order per year: 10
Explanation:
We need to solve for the Economic Order Quantity:
Where:
D = annual demand = 800
S= setup cost = ordering cost = 16
H= Holding Cost = 4
EOQ = 80
Orders per year = 800 demand/ 80 order size= 10
