Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
jerico jerico
wrote...
Go to Answer
Posts: 4603
Rep: 8 0
9 years ago
Managing inventories to increase net income requires companies to effectively manage costs associated with goods for sale.

Required:

Classify the below listed items as either Purchasing Costs, Ordering Costs, Carrying Costs, Stockout Costs, Costs of Quality, or Shrinkage Costs.

________   a.   costs of obtaining purchase approvals

________   b.   costs resulting from embezzlement by employees

________   c.   internal failure costs

________   d.   opportunity cost of the investment tied up in inventory

________   e.   costs associated with storage

________   f.   costs of lost sales as a result of not having an item requested by a customer

________   g.   freight-in charges

________   h.   special processing costs

________   i.   costs of wages for work-in-process inspections

________   j.   costs that result from misclassifications and clerical errors
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
Read 206 times
3 Replies
Replies
Answer verified by a subject expert
cyborgcyborg
wrote...
#1
Top Poster
Posts: 4566
Rep: 218 1
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jerico Author
wrote...
#2
9 years ago
Very happy to know people like you still exist. Really, without your help, I wouldn't understand the content one bit.
wrote...
#3
9 years ago
Cool! No problem.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1270 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 3536
  
 1168
  
 258
Your Opinion
What's your favorite coffee beverage?
Votes: 274
Previous poll results: Which country would you like to visit for its food?