The following information is obtained from Ameen equipment manufacturing company. Minimum consumption - 100 units per day Maximum consumption 150 units per day Normal consumption - 120 units per day Re-order period 10 to 14 days Re-order quantity - 1,500 units Emergency re-order period - 3 to 5 days Based on the above information, calculate and select the correct answer for the following stock levels. The re-order level is; The minimum stock level is; The maximum stock level is; The average stock level is; The danger stock level is;

The following information is obtained from Ameen equipment manufacturing company. Minimum consumption - 100 units per day Maximum consumption 150 units per day Normal consumption - 120 units per day Re-order period 10 to 14 days Re-order quantity - 1,500 units Emergency re-order period - 3 to 5 days Based on the above information, calculate and select the correct answer for the following stock levels. The re-order level is; The minimum stock level is; The maximum stock level is; The average stock level is; The danger stock level is;

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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St. ( My The Mic O Mai Mcl O Bus 6 Bad APA Mic Uil • Ben A0 + Do O MA O Wh Ans A mycourses.sgu.edu/access/content/attachment/172d3b94-c459-4b3b-b9da-2cc57a93c3cb/Assignments/d50e87b8-155e-4aa6-845d-9f9986bcaa31/Chp%20... A I Apps A APA citation genera. Grenada SDA Com.. E The Premier Choice. M Gmail YouTube Free, Powerful Engli. O E Planting Calendar. A Maps in Interpretive Simulat. 6 iffer 7-31 Sales Budget A Sendai clothing wholesaler was preparing its sales budget for the first quarter of 20X8. Forecast sales are as follows (All values are in thousands of yen). January ¥203,000 February ¥227,000 March ¥248,000 Sales are 40% cash and 60% on credit. Fifty-five percent of the credit accounts are collected in the month of sale, 35% in the month following the sale, and 10% in the following month. No uncollectible accounts are anticipated. Accounts receivable at the beginning of 20X8 are ¥82,950 (10% of November credit sales of ¥150,000 and 45% of December credit sales of ¥151,000).…