You are a new accounting intern at Allterrain Bikes. Your boss gives you the following information and asks you to compute the cost of direct materials used (assume that the company s raw materials inventory contains only direct materials). Purchases of direct materials $15,600 Import duties $ 900 Freight-in $ 600 Freight-out $ 500 Ending raw materials inventory $ 2,000 Beginning raw materials inventory $ 3,900
Compute direct materials used.

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins