Question
In: Finance
You have the following information. BOM is $150,210, Purchases were $120,323, Sales were $51,210, and total...
You have the following information. BOM is $150,210, Purchases were $120,323, Sales were $51,210, and total Retail Reductions were $12,428. What is the EOM?
Solutions
Expert Solution
| Calculate EOM that is end of month stock as shown below: | ||||
| EOM | BOM + Purchases - (Sales - Retail reduction) | |||
| EOM | 150210 + 120323 - (51210 - 12428) | |||
| EOM | 150210 + 120323 - 38782 | |||
| EOM | $231,751 | |||
| Thus, EOM is $231,751 | ||||
jeff jeffy answered 2 years agoRelated Solutions
The formula for EOM stock is BOM + Purchases - Sales + Retail Reducation BOM -...
The formula for EOM stock is
BOM + Purchases - Sales + Retail Reducation
BOM - Purchases - Sales - Retail Reducation
BOM + Purchases + Sales - Retail Reducation
BOM + Purchases - Sales - Retail Reducation
None of the above
You have the following information about a company. · Sales in 2019 were £2000 million. Sales are...
You have the following information about a company.
· Sales in 2019 were
£2000 million. Sales are expected to grow at a rate of 15% in 2020,
and afterwards the growth rate will drop to 3%.
· EBIT margin is
expected to stay constant at 15%.
· The corporate tax
rate is 40%.
· Net working capital
each year is expected to stay constant at 10% of next year's
sales.
· To generate sales
growth, each year t, capital expenditure net of
depreciation (i.e., Capex-...
The following information is available for an MRP problem. The BOM file shows that Product A...
The following information is available for an MRP problem. The
BOM file shows that Product A is made of three units of Part B and
one unit of Part C. Part C is made of four units of Part D, three
units of Part E, and two units of Part F. Checking the correct
statements results in earning credits, while checking incorrect
statements results in losing a half of a correct statement.
Item
Quantity (in millions)
Lead Time (periods)
A...
The following information is available with respect to the purchases and sales of merchandise during the...
The following information is available with respect to the
purchases and sales of merchandise during the first part of January
2019:
Jan. 1
opening inventory
3,000 units at $25.00
each
Jan.
10
purchased
4,500 units at $35.00 each
Jan.
12
sold
3,500 units
Jan.
15
purchased
1,000 units at $32.50 each
Jan. 21
sold
1,500 units
Required:
Calculate the Cost of Goods Sold and Ending Inventory using
FIFO and Moving Weighted Average Cost using the...
The following information is available with respect to the purchases and sales of merchandise during the...
The following information is available with respect to the
purchases and sales of merchandise during the first part of January
2019:
Jan. 1
opening inventory
3,000 units at $25.00
each
Jan.
10
purchased
4,500 units at $35.00 each
Jan.
12
sold
3,500 units
Jan.
15
purchased
1,000 units at $32.50 each
Jan. 21
sold
1,500 units
Required:
Calculate the Cost of Goods Sold and Ending Inventory using
FIFO and Moving Weighted Average Cost using the...
The following data regarding purchases and sales of a commodity were taken from the related perpetual...
The following data regarding purchases and sales of a commodity
were taken from the related perpetual inventory account:
June 1
Balance
25 units at $60
6
Sale
20 units
8
Purchase
20 units at $61
16
Sale
10 units
20
Purchase
20 units at $62
23
Sale
25 units
30
Purchase
15 units at $63
Calculate the cost of the ending inventory at June 30, using (a)
the first-in, first-out (FIFO) method and (b) the last-in,
first-out (LIFO) method. Identify...
The following data regarding purchases and sales of a commodity were taken from the related perpetual...
The following data regarding purchases and sales of a commodity
were taken from the related perpetual inventory account: (30
points)
June 1
Balance
25 units at $60
6
Sale
20 units at $70
8
Purchase
20 units at $61
16
Sale
10 units at $70
20
Purchase
20 units at $62
23
Sale
25 units at $70
30
Purchase
15 units at $63
Record the inventory, purchases, cost of goods sold and sales...
The following data regarding purchases and sales of a commodity were taken from the related perpetual...
The following data regarding purchases and sales of a commodity
were taken from the related perpetual inventory account: (30
points) June 1 Balance 25 units at $60 6 Sale 20 units at $70 8
Purchase 20 units at $61 16 Sale 10 units at $70 20 Purchase 20
units at $62 23 Sale 25 units at $70 30 Purchase 15 units at $63
Record the inventory, purchases, cost of goods sold and sales in a
perpetual inventory record similar...
The following data regarding purchases and sales of a commodity were taken from the related perpetual...
The following data regarding purchases and sales of a commodity
were taken from the related perpetual inventory account: (30
points) June 1 Balance 25 units at $60 6 Sale 20 units at $70 8
Purchase 20 units at $61 16 Sale 10 units at $70 20 Purchase 20
units at $62 23 Sale 25 units at $70 30 Purchase 15 units at $63
Record the inventory, purchases, cost of goods sold and sales in a
perpetual inventory record similar...
The following data regarding purchases and sales of a commodity were taken from the related perpetual...
The following data regarding purchases and sales of a commodity
were taken from the related perpetual inventory account: June 1
Balance 25 units at $60 6 Sale 20 units 8 Purchase 20 units at $61
16 Sale 10 units 20 Purchase 20 units at $62 23 Sale 25 units 30
Purchase 15 units at $63 Calculate the cost of the ending inventory
at June 30, using (a) the first-in, first-out (FIFO) method and (b)
the last-in, first-out (LIFO) method. Identify...
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