management accounting
What can management do to discourage production for inventory purposes? Incorporate a carrying charge for inventory in the internal accounting system Evaluate performance over a three- to five-year period rather than a single year O Evaluate non-financial measures such as units in ending inventory compared to units in sales O All of these answers are correct.The Sleepyhead Chair Company manufactures a standard recliner. During February, the firm's Assembly Department started production of 75 000 chairs. During the month, the rm completed 85 000 chairs and transferred them to the Finishing Department. The firm ended the month with 10 000 chairs in ending inventory. All direct materials costs are added at the beginning of the production cycle. Weighted-average costing is used by Sleepyhead. What were the equivalent units for conversion costs for February if the beginning inventory was 70% complete as to conversion costs and the ending inventory was 40% complete as to conversion costs? 0 89 000 O 75 000 O 95 000 O 85 000 The Sleepyhead Chair Company manufactures a standard recliner. During February, the rm's Assembly Department started production of 75 000 chairs. During the month, the rm completed 85 000 chairs and transferred them to the Finishing Department. The rm ended the month with 10 000 chairs in ending inventory. All direct materials costs are added at the beginning of the production cycle. Weighted-average costing is used by Sleepyhead. What were the equivalent units for materials for February? 0 95 000 chairs 0 75 000 chairs 0 80 000 chairs 0 85 000 chairs Which method is NOT a way to discourage producing for inventory? 0 Include non-nancial measures when evaluating performance 0 Evaluate performance on a quarterly basis only 0 Incorporate a carrying charge for inventory 0 Focus on careful budgeting and inventory planning