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Good morning. I was hoping that you would be able to help me with this week's assignment please. Thank you. :)
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hey bff, i have posted the answers, kindly confirm and contact me if you have any questions, thanks
Running head: MEMO
Memo
Students’ Name
Institution Affiliation
MEMO
2
To: Production Manager, David Skaros
From: Accounting Department
Date:
Subject: Ending Inventory
The main reason for any misunderstanding that relates to your department's ending inventory
emanates from the point that the amount can be determined in two various ways, which depend
on the data used to measure them.
To comprehend the disparity is coming from the department of production, it is crucial to pay
attention to the significance of managing inventory. A good planning of acquiring goods,
handling them, storing, as well as, accounting is vital to the process of inventory. They should be
conducted with the greatest level of care. When an inventory system is effective the management
can easily determine:
(a) What to buy.
(b) How much it will cost.
(c) From who to buy from.
(d) The place where the goods will be stored.
There are differing interests of various heads of the department over the inventory issue. The
manager in charge of finance will attempt...