An MRP schedule is as follows. What are the net requirements in week 2? MRP Record Part Name: Pump Lead time = 1 weeks on hand = 50 Safety stock = 20 Order quantity: L4L Week Week Week Week Week Week Week Week 1 2 3 4 5 6 7 8 Gross Requirements 20 30 40 40 60 40 50 20 Scheduled Receipts Available Inventory Net Requirements Planned Order Receipts Multiple Choice 0 units. 20 units. 30 units. 50 units.

Regarding the flow of costs through the inventory accounts, which of the following statements is incorrect? a. the costs flow from raw materials inventory to work-in-process inventory to finished goods inventory. b. the format for computing the amount used, manufactured, or sold is the same for all three inventory accounts. c. the final amount at each stage is added at the beginning of the next stage. d. purchases of raw material and freight in are debited to the work-in-process inventory account.