Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. scenario: davis skaros has recently been promoted

Scenario: Davis Skaros has recently been promoted to production manager. He has just started to receive...

60.1K

Verified Solution

Question

Accounting

Scenario: Davis Skaros has recently been promoted to productionmanager. He has just started to receive various managerial reports,including the production cost report you prepared. It showed hisdepartment had 2,000 equivalent units in ending inventory. Hisdepartment has had a history of not keeping enough inventory onhand to meet demand. He has come to you, very angry, and wants toknow why you credited him with only 2,000 units when he knows hehad at least twice that many on hand.

Prepare a maximum 700-word informal memo and explain to Mr.Skaros why his production cost report showed only 2,000 equivalentunits in ending inventory. Using a professional tone, explain tohim clearly why your report is accurate.

Answer & Explanation Solved by verified expert
4.2 Ratings (879 Votes)
To Production Manager David Skaros From Accounting Department Date Subject Ending Inventory related query MrSkaros this is to explain to you the reasons for not maintaining enough inventory to meet demands Obsolete Inventory Overstocking on products runs the risk of the product becoming obsolete This is true especially in technology sectors such as smartphones and televisions but no industry is exempt Even the latest kids game craze might inspire you to place a large order If the buzz dissipates quickly and kids arent looking for the game youll be left    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

On the basis of your research, respond to the following: What is the difference between biochemical,...

Chemistry
Q

The cell membranes of mammalian red blood cells are permeable to urea. If red blood cells...

Biology
Q

electric interaction between these dipoles will be dipoles are placed as shown r is the...

Physics
Q

37 The amount of heat required to raise the temperature of 1 mole of a...

Physics
Q

NEET 24 M kilogram of ice is being heated from T C to T C...

Physics
Q

13 16 Find a b 2a 3b a and a b 13 a 5 12...

Geometry
Q

20 What is a common feature shared by Roth IRAS and traditional 401(k)s? O Both...

Accounting
Q

Your next-door neighbor recently began a new job as assistant controller for Conundrum Corporation. As...

Accounting
Q

Selling price 138 ...

Accounting
Q

Jamison Insurance's stock currently sells for $20.00 a share. It just paid a dividend of...

Finance
Q

14) Brown Company has 100,000 shares of $5 par value common stock outstanding. During the...

Accounting
Q

kg of surfactants. Which of the two approaches would you now recommend? Does the life-cycle...

Finance