Compute for the cost of materials issued using Moving Average method * A. The Love &...
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Compute for the cost of materials issued using Moving Average method * A. The Love & Kisses, Inc., made the following material purchases and issuances during November Nov 1 Add file: 1 Inventory 10,000 units at P 2.00 6 Purchased 6,000 units at P 2.80 10 Purchased 4,000 units at P 3.00 16 Issued 12,000 units 25 Purchased 3,000 units at P 3.10 28 Issued 7,000 units Compute for the reorder point * B. The Bokbok Company has the following information pertains to Material A Daily usage in units Normal lead time in working days Safety Stocks 1 Add file Compute for the EOQ * C. The Tiktiklaok Corp. uses 10,000 units of Material XYZ in making a finished product. The cost to place an order for Material XYZ is P 4.00 and the annual cost to carry one Material XYZ is P 2.00 1 Add file Compute for the total ordering cost * 150 25 850 C. The Tiktiklaok Corp. uses 10,000 units of Material XYZ in making a finished product. The cost to place an order for Material XYZ is P 4.00 and the annual cost to carry one Material XYZ is P 2.00 1 Add file Compute for the total carrying cost * C. The Tiktiklaok Corp. uses 10,000 units of Material XYZ in making a finished product. The cost to place an order for Material XYZ is P 4.00 and the annual cost to carry one Material XYZ is P 2.00 Compute for the cost of materials issued using Moving Average method * A. The Love & Kisses, Inc., made the following material purchases and issuances during November Nov 1 Add file: 1 Inventory 10,000 units at P 2.00 6 Purchased 6,000 units at P 2.80 10 Purchased 4,000 units at P 3.00 16 Issued 12,000 units 25 Purchased 3,000 units at P 3.10 28 Issued 7,000 units Compute for the reorder point * B. The Bokbok Company has the following information pertains to Material A Daily usage in units Normal lead time in working days Safety Stocks 1 Add file Compute for the EOQ * C. The Tiktiklaok Corp. uses 10,000 units of Material XYZ in making a finished product. The cost to place an order for Material XYZ is P 4.00 and the annual cost to carry one Material XYZ is P 2.00 1 Add file Compute for the total ordering cost * 150 25 850 C. The Tiktiklaok Corp. uses 10,000 units of Material XYZ in making a finished product. The cost to place an order for Material XYZ is P 4.00 and the annual cost to carry one Material XYZ is P 2.00 1 Add file Compute for the total carrying cost * C. The Tiktiklaok Corp. uses 10,000 units of Material XYZ in making a finished product. The cost to place an order for Material XYZ is P 4.00 and the annual cost to carry one Material XYZ is P 2.00
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A Cost of Materials Issued using Moving Average Method Lets calculate the moving average cost per un... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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