pls help tysm :))

2. What factors should management consider in determining the amount of investment in materials? 3. What is the meaning of "order point"? 4. What kind of information and data are needed to calculate an order point? 5. Normally, a manufacturer maintains an accounting system which includes a stores ledger and a general ledger account for Materials. Describe the relationship between the stores ledger and the materials ledger. 6. A company may select an inventory costing method from a number of commonly used procedures. Briefly describe each of the following methods a. First-in, first-out b. Moving average 7. What different methods could be used to monitor and control the materials inventory? 8. Discuss briefly the ABC plan for the monitoring and control of various material items. 9. What differentiates periodic inventory method from perpetual inventory method? 10. Why is acquisition of materials not debited to the purchase account under a perpetual system of accounting for inventories