Author Question: Managing inventories to increase net income requires companies to effectively manage costs ... (Read 79 times)

cookcarl · **on:** Mar 6, 2021

Managing inventories to increase net income requires companies to effectively manage costs associated with goods for sale.

Required:

Classify the below listed items as either Purchasing Costs, Ordering Costs, Carrying Costs, Stockout Costs, Costs of Quality, or Shrinkage Costs.

________

a.

costs of obtaining purchase approvals

________

b.

costs resulting from embezzlement by employees

________

c.

internal failure costs

________

d.

opportunity cost of the investment tied up in inventory

________

e.

costs associated with storage

________

f.

costs of lost sales as a result of not having an item requested by a customer

________

g.

freight-in charges

________

h.

special processing costs

________

i.

costs of wages for work-in-process inspections

________

j.

costs that result from misclassifications and clerical errors

Amiracle · **Reply #1 on:** Mar 6, 2021

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 64% of students answer this correctly