Barrington Mills Manufactures denim cloth from two primary raw materials, cotton and dye. Work-in-process includes lapped cotton, spun yarn, and undyed cloth, while finished goods includes three grades of dyed cloth. The average inventory amounts and units costs on hand at any given time are as follow
Raw Materials Inventory Levels Unit Costs
Cotton 70,000 lbs $2.75
Dye 125,000 gal $5.00
Work-in-Process
Lapped Cotton 2,000 rolls $10.50
Spun Yarn 5,000 spools $6.75
Undyed Cloth 500 rolls $26.10
Finished Goods Grade 1 Cloth 250 rolls $65.00
Grade 2 Cloth 190 rolls $80.00 Grade 3 Cloth 310 rolls $105.00The company operates 50 weeks per year and its cost of goods sold for the year was $17.5 million. Determine the company's weeks of supply.
(A) 20.21(B) 19.43(C) 9.09(D) 22.54
Answers: 2
Business, 22.06.2019 19:20, IrieBoy7584
Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.
Answers: 1
Business, 23.06.2019 02:40, emma2827
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?
Answers: 2
Barrington Mills Manufactures denim cloth from two primary raw materials, cotton and dye. Work-in-pr...
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