A company had inventory on November 1 of 5 units at a cost of $17 each. On November 2, they purchased 12 units at $19 each. On November 6 they purchased 8 units at $22 each. On November 8, 12 units were sold for $52 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale?
s
1. Weighted Average 2. LIFO (Last-in-last Out) 3. FIFO (First-in-first-out) 4. Lower of cost or market (LCM) 5. Gross Profit Method 6. Dollar-Value- LIFO 7. Retail Method 8. Dollar-value LIFO retail
8%
20pervent
There are some common techniques and some unique business processes which can be implemented to achieve cost reduction and help with the better management of inventory. Many organizations should implement the following ten practices to reduce inventory costs: 1. Conduct periodic reviews and audits of various inventories being held in-house. 2. Analyze the usage and lead times of on-hand and order book inventory. 3. Reduce safety stock based on customer demand. 4. Use 80/20 rule (ABC approach) for inventory control. 5. Improve cycle counting techniques for inventory management. 6. Use vendor managed inventory or implement vendor stocking programs, which means supplier are managing inventory with the organization. 7. Use collaborative planning and replenishment (CPFR) business processes and IT standards to collaborate among multiple parties in the supply chain network. 8. Improve the forecast of each product at the item level, i.e. use a variety of demand forecasting arithmetic models. No single set of algorithms fits all customers' forecast or product families. 9. Communicate demand/hard orders to suppliers for better delivery of inventory. 10. Implement new inventory software which uses inventory quality ratio methodology and multi-echelon inventory optimization tools.
November 8, 2008
November 8, 2008
Uncle Buck - 1990 Fire Sale 1-8 was released on: USA: 5 November 1990
November 16 and 17 . From 8-4
Quincy M-E- - 1976 Science for Sale 8-7 was released on: USA: 24 November 1982
November 8, 1960.November 8, 1960.November 8, 1960.November 8, 1960.November 8, 1960.November 8, 1960.November 8, 1960.November 8, 1960.November 8, 1960.November 8, 1960.November 8, 1960.
Survival Value - 2008 was released on: USA: 8 November 2008 (Los Angeles, California)
Thunder Alley - 1994 The Garage Sale 2-8 was released on: USA: 2 November 1994
The Hopper - 2012 was released on: Denmark: 8 November 2012 France: 8 November 2012 Germany: 8 November 2012 UK: 8 November 2012 USA: 8 November 2012
absolute value of 8 is 8.
NOVEMBER 8
What % of capitol gains would be paid on a commerical sale in PA?