Photos are intended for general color reference only. Refer to Color Chart for actual color samples. Hawthorne Starfire Acrylic Urethane Auto Paint is a premium quality, single-stage OEM/Refinishing System which provides excellent gloss and durability in an easy to apply economical single-stage package.
Different cost of goods sold and inventory values us ually result from different cost flow assumptions. During periods of rising prices, FIFO produces lower cost of goods sold, higher ending inventory, and. higher gross profit (and income) than LIFO because FIFO includes the oldest and lowest costs in cost.
The sum gives you the formula for total inventory ordering and carrying costs. This formula assumes there is no discount for ordering items in bulk. Example: A business has an annual demand of 10,000 for a particular item. They order the item in batches of 1,000 and each order placement has a fixed cost of $120.The cost to hold an item in inventory is $0.80.Since we know D = 10000, Q = 1000, Fo = 120, and Fc = 0.8, we can compute the total cost:ach of these orders has a fixed cost of Fo, so the annual ordering cost is Fo*D/Q. The cost of holding an item in inventoy for a year is Fc and the average amount of inventery in stock is Q/2 (halfway between empty and full), thus the carrying cost is Fc*Q/2.