U. 2TU21. The following information is available for Sweet Corporation's Material XAnnual usageWorking days per yearNormal lead timeThe units of Material X are required evenly throughout the year. What is the reorder point?a. 35 units12,600 units360 days20 daysb. 20" dayc. 700 unitsd. 630 units

Computation of Reorder point is shown below : Reorder point = lead time demand + Safety stock

21. The following information is available for Sweet Corporation's Material X Annual usage Working days per year Normal lead time 12,600 units 360 days 20 days The units of Material X are required evenly throughout the year. What is the reorder point? a. 35 units b. 20 day c. 700 units d. 630 units

21. The following information is available for Sweet Corporation's Material X Annual usage Working days per year Normal lead time 12,600 units 360 days 20 days The units of Material X are required evenly throughout the year. What is the reorder point? a. 35 units b. 20 day c. 700 units d. 630 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

Question

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U. 2TU
21. The following information is available for Sweet Corporation's Material X
Annual usage
Working days per year
Normal lead time
The units of Material X are required evenly throughout the year. What is the reorder point?
a. 35 units
12,600 units
360 days
20 days
b. 20" day
c. 700 units
d. 630 units

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