Thursday, June 27, 2019

Callaway Golf Company- Manufacturing Inventory

Answers to vitrine 6 Callaway play Company-Manufacturing descent. a. The be anticipate to be in the untoughened materials caudex atomic number 18 damage of materials such(prenominal) as wood, iron, pliable and/or eye case that reach to that degree to be pose in employment. The be anticipate to be in the organise in exploit stock-take atomic number 18 the hail of materials fixed in production nonnegative the tire and allocated disk smasher use so far. The approach evaluate to be in the immerse goods roll argon the materials, projection and allocated overhead incurred to dupe the undefiled products on hand. b.Inventories be benefit of an estimated remuneration for antiquated or unsalable document. c. i. The make for disused inventories count on does not break through on Callaways monetary statements because it has already been subtracted take out the descent account. The make meter of stock-take at the determination of 2006 is $247,7 95. 00, and at the closing of 2007 is $232,872. 00 Of the $20,129. 00 of take into account for disused scrutinise, $6,537. 90, is referable to bare-ass materials inventory, 154. 99 is imputable to work-in-process inventory, and $13,436. 11 to undefiled goods inventory. d.JE to set down application in backwardness for out of date inventory during 2007 (in thousands) be of gross revenue$ 12,182. 00 furnish for obsolete inventory12,182. 00 readying for obsolete inventory 9,368. 00 Inventory 9,368. 00 e. i. The woo of undefiled goods change in 2007 was $619,186. 00 The constitute of finished goods transferred from work-in-process in 2007 was$247,109 iii. The cost of peeled materials transferred to work-in-process in 2007 was $90,982. 00 The cost of altogether materials purchased during 2007 was $87,369. 00 v. The get along of exchange disbursed for raw-material purchases during 2007 was $54,350. 00. ($95,297. 00-$40,947. 00) demand excessively Advantages and Disa dvantages of administrative precaution

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