Answer:
Economic order quantity (EOQ)= 49 units
Explanation:
Giving the following information:
Demand= 480 units per year
Order cost= $10
Holding cost= 10*0.4= $4
<u>Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.</u>
Economic order quantity (EOQ)= √[(2*D*S)/H]
D= Demand in units
S= Order cost
H= Holding cost
Economic order quantity (EOQ)= √[(2*480*10) / 4]
Economic order quantity (EOQ)= √(2,400)
Economic order quantity (EOQ)= 49 units
Answer:
The correct answer is False.
Explanation:
The manufacture of iron and steel involves a series of complex processes, whereby iron ore is extracted to produce steel products, using coke and limestone. The conversion processes follow the following steps:
(a) coal coke production, and by-product recovery,
(b) mineral preparation (eg, synthesize and form pellets),
(c) iron production,
(d) steel production, and
(e) casting, laminating and finishing.
You can perform these steps in a single installation, or in several completely separate locations. In many developing countries, scrap steel is manufactured in an electric arc furnace. Therefore, steps (a) through (c) may not always be applicable to all steelmaking projects. An alternative way to produce steel is that of direct reduction, using natural gas and hydrogen. The product of this process, spongy iron, becomes a steel arc furnace; then the ingots melt, and for this the non-flat products are produced with one or two laminators. They are called "mini factories".
That is "True".
They are known as powers since they increment your ability to prevail in all everyday issues. Awareness Power is the capacity to consider our lives, made up of abilities, qualities, and assets. Social Power is interfacing with others and making a great informal community and Solution Power is utilized to comprehend difficulties and conquer deterrents, worked through inventiveness, influence, and adaptability. That is Success GPA.
Answer:
Byrde Company
The amount that Byrde should record on its financial statements for the truck is:
= $10,000.
Explanation:
a) Data and Calculations:
Seller's asking price = $11,000
Amount paid after negotiation = $10,000
Fair price for the truck = $15,000
b) The amount to be recognized or recorded by Byrde on its financial statements for the truck is the cost price, that is, the amount that Byrde paid actually for the truck. The fair price cannot be recognized, since GAAP does not allow for noncurrent assets to be recognized at their fair prices. The historical cost is objective and verifiable, unlike the $15,000 fair price or the seller's asking price.
When Martie engages a person in conversation to find out for himself if the potential exists for a rewarding relationship, he is engaging a CONVERSATIONAL PRINCIPLES.
Conversational principle or Cooperative principle describes how people interact towards one another while having a conversation.
