Answer:
Ending inventory cost for April is equal to $121,875
Explanation:
Based on the information provided in the question:
Unit production cost Absorption cost Variable cost
Direct material $15 $15
Direct labor 10 10
Variable factory overhead 7.5 7.5
Fixed factory overhead 5
Total cost $37.5 $32.5
Finished goods inventory calculation results in 12,500 - 8,750 = 3,750
The cost of the finished goods inventory calculated using absorption costing = 3,750 × $37.50
= $140,625
The finished goods inventory cost using variable costing = 3,750 × $32.50
= $121,875
Answer:
Supplier Relationship Management
Explanation:[[TAG_9]][[TAG_10]]Supplier relationship management focuses on engaging and overseeing third-party vendors that supply goods, services, and materials to an organization. Select suppliers based on their cost-effectiveness and cooperativeness to enhance the value of the relationship. This is the system that Betty aims to implement.[[TAG_11]]
