Ask question

Ask question

All categories

2 years ago

9

Anna is a small business owner that is following the four-step procedure known as the accounting cycle. After examining source d

ocuments such as receipts, what should Anna do next

1 answer:

padilas [110]2 years ago

3 0

Record transactions

You might be interested in

Lieutenant Commander Data is planning to make his monthly (every 30 days) trek to Gamma Hydra City to pick up a supply of isolin

nadezda [96]

Answer:

219.57 units

Explanation:

Given :

Daily demand, d = 7 per day

Standard deviation, = 2 per day

Service probability = 98%

Total number of days per week = 7

Lead time , L = 3 days

On hand inventory, I = 35

Now calculating the optimal order quantity by using the given formula,

$q=d(T+L)+ z \ \sigma_{r+L}-I$ .............(i)

First, we will find out the value of $\sigma_{r+L}$ and z.

Therefore,

$\sigma_{r+L}=\sqrt{(30+3)(2)^2}$

$=\sqrt{132}$

= 11.48

Now the value of z can be found out from the z-table,

Z value for 98% service level = 2.054

Now putting the value of $\sigma_{r+L}$ and z in equation (i), we get,

$q=d(T+L)+ z \ \sigma_{r+L}-I$

= (7)(30+3)+(2.054)(11.48) - 35

= 231 + 23.57 - 35

= 219.57 units

So the optimal number of the units required to be order = 219.57 units

8 0

2 years ago

Baldwin has a new design for their product Bill next round that can reduce their material cost of producing units from $8.14 to

zalisa [80]

Answer:

Hie, the information you have provided is incomplete.

However important information is explained as follows :

To calculate Break - even Point use the formula;

Break even Point (units) = Total Budgeted Fixed Costs / Contribution per unit

<em>Break even Point</em> is the level of operation at which a firm neither makes a profit nor a loss.

Contribution is Calculated as :

Sales : No information xxxx

Less Variable Costs ( Materials + Labor) $11,49

Contribution per unit xxxx

8 0

3 years ago

Why are free and fair elections most likely weakened by a lack of opposition parties? it allows some political issues to be igno

nirvana33 [79]

The first one, political issues are ignored

4 0

3 years ago

Read 2 more answers

The most common type of family structure for u.s. children aged 6 to 11 is:

neonofarm [45]

Single parent household

8 0

3 years ago

The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales $ 820,000 Net operating income $ 59,000 Averag

VladimirAG [237]

Answer:

11.56%

Explanation:

The computation of the minimum required rate of return is shown below:

Residual income = Net operating income - (Average operating assets × minimum required rate of return)

$22,000 = $59,000 - ($320,000 × minimum required rate of return)

After solving this the minimum required rate of return is 11.56%

By applying the above formula we can find out the minimum required rate of return

7 0

3 years ago