The PRINTXSAC company ended up with an inventory level of 4,000,000.00 million dollars the previous month, with
Question:
The PRINTXSAC company ended up with an inventory level of 4,000,000.00 million dollars the previous month, with the following cost variables inherent to the administration and management of inventories.
or 3% on inventory holding costs (rent, labor, utilities, purchases, equipment, depreciation, security, insurance, maintenance).
o 30% of the merchandise has not rotated in recent months.
oThe company's inventory policy is two months of sales of
inventory duration.
oThe monthly bank financial cost is 1% per month.
o 0.5% of the inventory was written off due to damage and deterioration to the previous one in the warehouse.
o 40% of the merchandise that has not been rotated in the last two months is obsolete as it cannot be sold in the market due to expiration and expiration problems.
o Only 60% could be sold in the market at the accounting cost of the obsolete merchandise.
oIn the physical inventory there was a difference of 1.5% between the theoretical inventory and the physical inventory due to problems of shortages and losses of merchandise in the warehouses.
Questions:
1. What is the total value of inventory costs at PRINTX company, taking into account all costs incurred in managing it during the past month?
2. What is the percentage of total inventory costs over the monthly inventory level?