Milo Clothing experienced the following events during Year 1, its first year of operation: a. Acquired $30,000 cash from the issue of common stock.
b. Purchased inventory for $15,000 cash.
c. Sold inventory costing $9,000 for $20,000 cash.
d. Paid $1,500 for advertising expense.

Required:
Record the events in a horizontal statement model In the Cash Flow column, use OA to designate operating activity, IA for investment activity.

The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. the production order quantity for this problem is approximately:

The five steps to financial success a. five money myths b. five foundations

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory