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COMP-XM Review Rd0 – Questions & Answers
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COMP-XM Review Rd0 – Questions & Answers
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COMP-XM Review Rd0 – Questions & AnswersDon is a product of the Digby company. Digby's sales forecast for Don is
2074 units. Digby wants to have an extra 10% of units on hand above and
beyond their forecast in case sales are better than expected. (They would
risk the possibility of excess inventory carrying charges rather than risk
lost profits on a stock out.) Taking current inventory into account, what
will Don's Production After Adjustment have to be in order to have a 10%
reserve of units available for sale? ✔️Ans - 2281 units
2074 *1.10
Demand is created through meeting customer buying criteria, credit terms,
awareness (promotion) and accessibility (distribution). According to the
Thrift segment's customers, which of these products was the most
competitive at the end of last year? ✔️Ans - Clack
Select all of the following statements that are true four years from now, in
the year 2025. ✔️Ans - The Thrift segment will demand 7,744 thousand
units
The Core segment will demand 9,774 thousand units
Looking forward to next year, if Baldwin's current cash amount is $19,378
(000) and cash flows from operations next period are unchanged from this
period and Baldwin takes ONLY the following actions relating to cash flows
from investing and financing activities: Issues $2,000 (000) of long-term
debt Pays $4,000 (000) in dividends Retires $10,000 (000) in debt Which
of the following activities will expose Baldwin to the most risk of needing
an emergency loan? ✔️Ans - Purchases assets at a cost of $15,000 (000)
A productivity index of 110% means that a company's labor costs would
have been 10% higher if it had not made production improvements. Now
refer to the Income Statement in Chester's Annual Report. The direct labor
costs for Chester were $32,558. These labor costs could have been $20,000
higher if investments in training that increased productivity had not been
made. What was the productivity index for Chester that led to such
savings? ✔️Ans - 161.4%
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