Beginning inventory, purchases, and sales data for prepaid cell phones for december are as follows: inventory purchases sales dec. 1 1,400 units at $27 dec. 10 700 units at $29 dec. 12 980 units dec. 20 630 units at $31 dec. 14 840 units dec. 31 420 units a. assuming that the perpetual inventory system is used, costing by the lifo method, determine the cost of goods sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in exhibit 4. under lifo, if units are in inventory at two different costs, enter the units with the higher unit cost first in the cost of goods sold unit cost column and lower unit cost first in the inventory unit cost column.

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.