Leisure-Time (LT)Sports Manufactures and Distributes Two Types of Tennis Rackets

question 7

Short Answer

Leisure-Time (LT)Sports manufactures and distributes two types of tennis rackets: Ace Master (AM)and Smash Supreme (SS).Both types of rackets go through Operations 1 and 3.SS also goes through Operation 2,which adds a layer of graphite for additional strength.All material is added at the beginning of their respective operations.
The following information relates to a work order from Discount Warehouse,Inc.for 30,000 units of AM (Work order #286)and 8,000 units of SS (Work order #354).
Required:
Assume that there are 3,000 units of AM and 2,000 units of SS in Operation 3 at the end of the reporting period 45% and 65% complete respectively.Compute the ending inventory for Operation #3.

---

Definitions:

Utilitarian Organizations

Entities where people join primarily based on receiving wages or other material benefits in exchange for their efforts.

For-Profit

Describes businesses or organizations that operate primarily to generate profit for their owners or shareholders, as opposed to non-profit organizations.

Primary Groups

Fundamental social units where individuals have direct, close, and intimate interactions, typically including family and close friends.

Secondary Groups

Larger, more impersonal groups in which relationships are temporary and goal-oriented.