4.18. It is Monday morning, and you have just arrived at work. Complete the following MRP record as it would appear Monday morning. Lead time is 2 weeks, and the lot size is 100. Week 12345 Gross Requirements Scheduled Receipts Projected Available Net Requirements Planned Order Receipt Planned Order Release 70 40 80 50 40 100 50 Initial MRP During the week, the following events occur. Enter them in the MRP record. a. The planned order for 100 in week 1 is released. b. Thirty of the scheduled receipts for week 1 are scrapped. c. An order for 30 is received for delivery in week 3. d. An order for 50 is received for delivery in week 6. Arnold, Tony; Chapman, Steve; Clive, Lloyd; Gatewood, Ann K.. Introduction to Materials Management (2-downloads) (p. 107). Pearson Education. Kindle Edition.

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Required information problem 15-1a production costs computed and recorded; reports prepared lo c2, p1, p2, p3, p4 [the following information applies to the questions displayed below. marcelino co.'s march 31 inventory of raw materials is $84,000. raw materials purchases in april are $540,000, and factory payroll cost in april is $364,000. overhead costs incurred in april are: indirect materials, $59,000; indirect labor, $26,000; factory rent, $38,000; factory utilities, $19,000; and factory equipment depreciation, $58,000. the predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $670,000 cash in april. costs of the three jobs worked on in april follow. job 306 job 307 job 308 balances on march 31 direct materials $30,000 $36,000 direct labor 25,000 14,000 applied overhead 12,500 7,000 costs during april direct materials 133,000 210,000 $100,000 direct labor 105,000 150,000 101,000 applied overhead ? ? ? status on april 30 finished (sold) finished in process (unsold) required: 1. determine the total of each production cost incurred for april (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from march 31). a-materials purchases (on credit). b-direct materials used in production. c-direct labor paid and assigned to work in process inventory. d-indirect labor paid and assigned to factory overhead. e-overhead costs applied to work in process inventory. f-actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) g-transfer of jobs 306 and 307 to finished goods inventory. h-cost of goods sold for job 306. i-revenue from the sale of job 306. j-assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions. 3. prepare a schedule of cost of goods manufactured. 4.1 compute gross profit for april. 4.2 show how to present the inventories on the april 30 balance sheet.

Serious question, which is preferred in a business? pp or poopoo?