Shown below is a partially completed mps record for ball bearings. a. develop the mps for ball bearings. (enter your responses as integers. a response of "0" is equivalent to being not applicable.) item: ball bearings order policy: 500 units lead time: 1 week quantity on hand: 400 week 1 2 3 4 5 6 7 8 9 10 forecast 550 250 450 400 300 350 150 250 400 350 customer orders (booked) 300 350 250 200 250 100 100 50 50 150 projected on-hand inventory 350 0 50 150 350 0 350 100 200 350 mps quantity 500 0 500 500 500 0 500 0 500 500 mps start 0 500 500 500 0 500 0 500 500 0 available-to- promise (atp) inventory 250 0 250 300 150 0 350 0 450 350 b. four customer orders arrived in the following sequence: order quantity week desired 1 600 4 2 500 5 3 200 1 4 400 7

Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports

Refers to the way we conduct ourselves

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.