Lifo perpetual inventory

the beginning inventory at midnight supplies and data on purchases and sales for a three-month period ending march 31 are as follows:

date transaction number
of units per unit total
jan. 1 inventory 7,500 $75.00 $562,500
10 purchase 22,500 85.00 1,912,500
28 sale 11,250 150.00 1,687,500
30 sale 3,750 150.00 562,500
feb. 5 sale 1,500 150.00 225,000
10 purchase 54,000 87.50 4,725,000
16 sale 27,000 160.00 4,320,000
28 sale 25,500 160.00 4,080,000
mar. 5 purchase 45,000 89.50 4,027,500
14 sale 30,000 160.00 4,800,000
25 purchase 7,500 90.00 675,000
30 sale 26,250 160.00 4,200,000
required:

1. record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in exhibit 4, using the last-in, first-out method. 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. round unit cost to two decimal places, if necessary.

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?