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Inventory Management

Excellent commerce point > Inventory Management
Management of Inventory​
20
Jun

Management of Inventory Question 1.A Ltd. uses inventory turnover as one performance measure to evaluate its production manager. Currently, its inventory turnover (based on cost of goods sold ÷ inventory) is 10 times per annum, as compared with industry average of 4. Average sales are ₹ 4,50,000 p.a. variable costs of inventory have consistently remained […]

Posted in: ca intermediate notes ,
Tags: ABC Analysis , Business Finance , CA Exam Prep , ca foundation , CMA Exam Prep , cma foundation , EOQ , Financial Management , Inventory Control , Inventory Management , Inventory Techniques , Stock Levels , Working Capital Management ,
Material Cost
02
Jun

Material Cost – CA Inter Costing Study Material Inventory Control Levels:Re-order Level (ROL): It is the level at which fresh order needs to beROI. = Max. Consumption × Max. Re-order PeriodOrMin. Stock Level – (Avg. Consumption × Average Re-order period!Safety Stock – Avg. lead time consumptionRe-order period is also known as Lead Time  Re-order Quantity/Economic […]

Posted in: ca intermediate notes ,
Tags: CA Inter Costing , Chartered Accountancy Notes , Cost Accounting , Economic Order Quantity (EOQ) , Inventory Management , Material Cost , Material Cost Control , Material Issue Methods , Pricing Methods , Types of Material Cost ,