Homework Answers
1. Gross Margin Percent = Gross Profit/Sales:
Senario 1 = 2000/10000 =20%
Senario 2 = 10000/20000=50%
Senario 3 = 4000/10000=40%
Senario 4 =2000/10000=20%
2. Invenory Turnover = COGS/Average Inventory:
Senario 1 =8000/5000 =1.60
Senario 2 =10000/5000= 2.00
Senario 3 =6000/5000= 1.20
Senario 4 =8000/4000= 2.00
3. Gross Margin Return on Inventory Investment:= Gross Profit/ Average Inventory*100%:
Senario 1 =2000/5000*100%= 40%
Senario 2 =10000/5000*100%= 200%
Senario 3 =4000/5000*100%= 80%
Senario 4 =2000/4000*100%= 50%
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QUESTION:
DATA FOR QUESTION:
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QUESTION (ONLY NEED QUESTION #4 EXCEL LINE 31 ANSWERED): DATA FOR QUESTION (THE INFORMATION BELOW IS...
QUESTION (ONLY NEED QUESTION #4 EXCEL LINE 31
ANSWERED):
DATA FOR QUESTION (THE INFORMATION BELOW IS FOR
REFERENCE ONLY):
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Hello Expert, Can I get help with this home work. Thank you &nb
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QUESTION:
DATA FOR QUESTION:
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QUESTION:
DATA FOR QUESTION:
19 2. Compute the inventory turnover for each scenario. 20 21 Scenario 1 Scenario 2 Scenario 3 Scenario 4 22 Inventory Turnover 23 1 Part 2 3 Below are data for four scenarios. Scenario 1 is the base scenario and the other 3 scenarios are modifications to the base scenario. 6 Sales 7 Cost of Goods Sold 8 Gross Profit Scenario 1 Scenario 2 Scenario 3 Scenario 4 $10,000 $20,000 $10,000 $10,000 8.000 10.000 6,000 8,000...
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Below are data for four scenarios. Scenario 1 is the base scenario and the other 3 scenarios are modifications to the base scenario. Sales Cost of Goods Sold Gross Profit Scenario 1 Scenario 2 Scenario 3 Scenario 4 $10,000 $20,000 $10,000 $10,000 8,000 10,000 6,000 8,000 $2,000 $10,000 $4,000 $2,000 Average Inventory $5,000 $ 5,000 $5,000 $ 4,000 Required: Answer the questions below each question and use cell references for calculations. 1. Compute the gross margin percent for each scenario....
QUESTION (ONLY NEED QUESTION #4 EXCEL LINE 31
ANSWERED):
DATA FOR QUESTION (THE INFORMATION BELOW IS FOR
REFERENCE ONLY):
31 4. For Scenarios 2 through 4, explain what change occurred relative to Scenario 1 to cause the gross margin return on inventory (GMROI) to change. You need to specifically discuss each scenario change separately in comparison to scenario 1 by discussing the changes in the gross margin percent and 32 inventory turnover. 33 Type your response into the text box...
QUESTION:
DATA FOR QUESTION:
24 25 3. Compute the gross margin return on inventory investment percent for each scenario. 27 Scenario 1 Scenario 2 Scenario 3 Scenario 4 Gross margin return on inventory 28 investment 29 1 Part 2 3 Below are data for four scenarios. Scenario 1 is the base scenario and the other 3 scenarios are modifications to the base scenario. 6 Sales 7 Cost of Goods Sold 8 Gross Profit Scenario 1 Scenario 2 Scenario 3 Scenario...
QUESTION:
DATA FOR QUESTION:
19 2. Compute the inventory turnover for each scenario. 20 21 Scenario 1 Scenario 2 Scenario 3 Scenario 4 22 Inventory Turnover 23 1 Part 2 3 Below are data for four scenarios. Scenario 1 is the base scenario and the other 3 scenarios are modifications to the base scenario. 6 Sales 7 Cost of Goods Sold 8 Gross Profit Scenario 1 Scenario 2 Scenario 3 Scenario 4 $10,000 $20,000 $10,000 $10,000 8.000 10.000 6,000 8,000...
E Business Course Return to course Question 3 Not complete Marked out of 12.00 P Flag question Inventory Management Metrics Large retailers like Costco and Target typically use gross margin ratio (gross margin + sales), invento on investment (GMROI) to evaluate how well inventory has been managed. The goal is to maximize scenarios, a base scenario (A) followed by three modifications (B, C, and D) to the base scenario. Scenario A Scenario B Scenario C Scenario D Sales $50,000 $...
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Supply the missing data in the following cases. Each case is independent of the others. (Leave no cells blank - be certain to enter "0" wherever required.) Case 1 2 3 1 5,500 $ $ $ $ 7,000 4,000 5,000 6,000 8,000 4 4,000 5,000 10,000 6,000 19,500 3,500 21,000 4,000 5,000 3,500 19,000 25,600 2,000 Direct materials Direct labour Manufacturing overhead Total manufacturing costs Beginning work-in-process inventory Ending work-in-process inventory Cost of goods manufactured Sales Beginning finished goods inventory...
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