Week 2. 4. Gross Requirements Scheduled Receipts Projected Ending Inventory: 100 Net Requirements Planned Receipts Planned Orders 400 400 400 400 Lead Time =1 week 100 Minimum Order 500 Consider the above incomplete Material Requirements Planning (MRP) record. There are 100 units in inventory at the start of week 1, production has a one-week lead time, and the minimum order quantity is 500 units. What are the Week 2 values (in order) for Projected Ending Inventory (PEI), Net Requirements (NR), Planned Receipts (PR), and Planned Orders (PO)? Note: Don't forget to account for the Scheduled Receipts in Week 1. 506

Week 2. 4. Gross Requirements Scheduled Receipts Projected Ending Inventory: 100 Net Requirements Planned Receipts Planned Orders 400 400 400 400 Lead Time =1 week 100 Minimum Order 500 Consider the above incomplete Material Requirements Planning (MRP) record. There are 100 units in inventory at the start of week 1, production has a one-week lead time, and the minimum order quantity is 500 units. What are the Week 2 values (in order) for Projected Ending Inventory (PEI), Net Requirements (NR), Planned Receipts (PR), and Planned Orders (PO)? Note: Don't forget to account for the Scheduled Receipts in Week 1. 506

Name: Week3.4.6.Gross RequirementsScheduled ReceiptsProjected Ending Invent
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Description: Week3.4.6.Gross RequirementsScheduled ReceiptsProjected Ending Inventory: 100Net RequirementsPlanned ReceiptsPlanned Orders400400400400Lead Time =1 week100Minimum Order = 500Consider the above incomplete Material Requirements Planning (MRP) record.

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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en H [The following information applies to the questions displayed below] A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 300 units. Ending inventory at January 31 totals 130 units. Beginning inventory on January 1 Purchase on January 9 Purchase on January 25 January 1 January 9 Total January Required: Assume the perpual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method January 25 Total January 25 January 26 Total January 26 Goods purchased Number of Cost per unite unit 60 at $2.70 100 at 5 284 Number of units sold 270 Units 270 60 100 30 60 Unit Cost $2.50 2.70 Perpetual EIEO: Cost of Goods Sold Cost per Cost of Goods unit Sold Inventory Balance Cost per whit Number of units 270 at 30 at 60 at $ 270 = 100 at Saved $ 270- $ 284- $ 270 $ 284 Inventory Balance 162.00 $ 162.00
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