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Luke is reasonably happy with the results but seems to remember that while the periodic system of inventory recording was much easier it had some
Luke is reasonably happy with the results but seems to remember that while the periodic system of inventory recording was much easier it had some problems. Discuss the appropriateness of the Perpetual and Periodic recording systems for the two products you have looked at and provide reasons to support your conclusions. (You may find that one system is not appropriate for both products.)
Product 1 - Deep Cycle Solar Batteries are a spare parts option to increase the energy storage capacity of anyone with an existing solar system. Each unit now sells for $199 Date(units)Purchases(units)Sales August 3100@$80 6 9 11 14 16 18 21 24 26 28 29 31 15 45 30 25 @ \$105 15 30 45 @ \$100 60 @ \$120 50 7 (5)_@ \$100 (Returned). TOTAL 260 192 Product 2 - The DIY Solar System package is an off the shelf package including everything you need to install a new solar system. The packs sell for $2,200 each. Date Purchases (units) Aug 1 2 3 5 8 12 10 @ \$1,092 15 18 21 22 8 @ $1153.50 24 26 25 @ \$1,000 9 6 5 @ $1,060 1 (2) Returned undamaged 4 7 7 8 Sales TOTAL 48 40 Product 1 - Deep Cycle Solar Batteries are a spare parts option to increase the energy storage capacity of anyone with an existing solar system. Each unit now sells for $199 Date(units)Purchases(units)Sales August 3100@$80 6 9 11 14 16 18 21 24 26 28 29 31 15 45 30 25 @ \$105 15 30 45 @ \$100 60 @ \$120 50 7 (5)_@ \$100 (Returned). TOTAL 260 192 Product 2 - The DIY Solar System package is an off the shelf package including everything you need to install a new solar system. The packs sell for $2,200 each. Date Purchases (units) Aug 1 2 3 5 8 12 10 @ \$1,092 15 18 21 22 8 @ $1153.50 24 26 25 @ \$1,000 9 6 5 @ $1,060 1 (2) Returned undamaged 4 7 7 8 Sales TOTAL 48 40Step by Step Solution
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