Problem 10: Order Point Irvin Corp has developed the following figures to assist in controlling Material: Minimum daily use Normal daily use Maximum daily use Working days per year Lead time in working days Safety stock Cost of placing an order EOQ Required: Compute the following: 2. Order Point 3. Average inventory 5. Absolute maximum inventory 6. Carrying cost per unit for one year. 300 units 400 units 460 units 250 days 10 ? units P80 4,000 units one of the

Q: I want answer in word document

A: Calculation used to evaluate the investment and financing decisions that involve cash flows…

Q: How do I solve these?

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: borata what is ASA?

A: Advertising Standard Authority (ASA) refers to the regulatory body in the united kingdom which…

Q: What is a user view?

A: Database Management:  Database management refers to management of databases held within an…

Q: Could you please do a step by step solving process for this question?

A: PVIFA refers to present value interest factor of an annuity. It is used to determine the present…

Q: Describe the functions and powers of ASIC

A: Australian securities and investment commission is a commission made in 1998 of Australian…

Q: Kate has put a lot of time and effort into streamlining the process to design and produce a greet-…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: lournal Entries for Accounts and Notes Receivable Lancaster, Inc., began business on January 1.…

A:

Q: In the knowledge based system a heuristic system? Explain your answer

A: Heuristic approach:   Heuristic approach refers to a problem-solving approach that considers…

Q: Using CVP analysis answer from d to g

A: Hi student Since you have asked for multiple subparts, we will answer only three subparts. If you…

Q: Show me the function

A: Nominal Return: It is the rate of return earned on an investment prior to any deductions regarding…

Q: i need details explanatio

A: Under FIFO method, unit purchase first, sold first. Cost of goods sold means we need calculate cost…

Q: Parallel

A: ISTISNA AND PARALLEL ISTINA :

Q: Could someone please explain the DCF model

A: Introduction : Discounted cash flows (also known as discounted cash flows): As discounted cash…

Q: Would you mind sharing a secondary example please?

A: Allowance Method - Under allowance method company make provision of uncollectible accounts at the…

Q: What is CAPM? How about APT?

A: CAPM and APT are two common models for pricing used in finance. These are explained below.

Q: Explain the PSA prepayment model?

A: What Is a Prepayment Model? In lending, a prepayment model is used to estimate the level of…

Q: Can you explain each point in detail, if possible?

A: Lets understand the basics. Cash management is must requirement for banks in todays world. This is…

Q: you!

A: The original question deals with preparation of amortisation schedule.

Q: Define unicorn

A: The term Unicorn in finance was popularized by Aileen Lee, a popular venture capitalist &…

Q: can i please get a correct answer for that question

A: The statement of comprehensive income is computed by adding the net income – which is found by…

Q: please help me with part E.

A: A question with multiple sub parts were asked by you earlier. One of the sub parts were not…

Q: What is the full form of ERP? Explain ERP with examples?

A: ERP means Enterprise Resource Planning, it is a process management software used by organizations to…

Q: Can you include the explanation and computation please

A: Journal entries refers to the entries which are made at the end of the period or year and it records…

Q: I need exact interest

A: Solution:Exact interest method is based on 365 days in a year.As per exact interest method,Interest…

Q: Describe the features of JIT.

A:

Q: please explain the answer B

A: In the net realizable value method, joint costs are allocated based on the total final sales value…

Q: Trying to find answer a through e

A: Since the question has more than 3 sub-parts, the first 3 subparts are answered. If you want the…

Q: The attached image is the problem. Thank you!

A:

Q: Explain an example of external users.

A: Financial Statement:   They are annual reports of an organization summarizing the financial…

Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.