This topic contains a solution. Click here to go to the answer

Author Question: Managing inventories to increase net income requires companies to effectively manage costs ... (Read 41 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
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 CostsOrdering CostsCarrying CostsStockout 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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cookcarl on Mar 6, 2021

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
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




cookcarl

  • Member
  • Posts: 539
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

For a complete list of videos, visit our video library