Marsh company had 150 units of product a on hand at january 1, year 2, costing $21 each. purchases of product a during the month of january were as follows: units unit cost jan. 10 200 $22 18 250 23 28 100 24
a physical count on january 31, year 2, shows 250 units of product a on hand. the cost of the inventory at january 31, year 2, under the lifo method is

a. $5,850b. $5,550c. $5,350d. $5,250

The new york stock exchange is an example of what type of stock market?

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?

How many months does the federal budget usually take to prepare