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Author Question: A container of ball-bearings valued at $25,000, currently located in Brandon, Manitoba, needs to be ... (Read 97 times)

darbym82

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Question 1

A manufacturing plant had $.74 of raw materials, $.23 of in-progress inventory, and $1.03 of finished goods inventory at month's end. If monthly sales were $10, what is the turnover? (assume all units are in thousands, i.e. $1 is actually $1000)

Question 2

A container of ball-bearings valued at $25,000, currently located in Brandon, Manitoba, needs to be delivered to the Brampton, Ontario, plant. The standard shipment method takes two days. However, for an additional charge of $500, the container can be sent overnight. The annual holding cost rate for this type of item has been estimated at 28%. What option is more economical?


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Marked as best answer by darbym82 on Dec 3, 2019

mcarey591

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darbym82

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Reply 2 on: Dec 3, 2019
YES! Correct, THANKS for helping me on my review


triiciiaa

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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