Explain how a fixed-period inventory system operates.

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Supply Chain Management

ISBN: 9781119392194,9781119392323

2nd Edition

Authors: Nada R. Sanders

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Question Posted: Jan 27, 2024 12:06 PM

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Actual rate= 3,092,000/180,000=17.18Formula= (Actual rate- Standard rate) X actual hour (production)== (17.18-13.11) X 180,000=732,600 U
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Explain how a fixed-period inventory system operates.

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A fixedperiod inventory system also known as a periodic review system is a type of inventory control system where a physical count of the inventory is ...View the full answer

Supply Chain Management

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