Answer:
total annualized inventory holding and ordering costs = $15,000
Explanation:
total number of orders per year = 120,000 units / 1,200 units per order = 100 orders per year
total ordering cost per year = cost per order x number of orders per year = 100 orders per year x $75 per order = $7,500
average inventory = 1,200 units / 2 = 600 units
annualized inventory holding costs = 600 units x 25% holding cost x $50 cost per unit = $7,500
Answer:
$375
Explanation:
A stock you own earned: $200, $500, $100, and $700 over the last four years.
We need to find the annual gain in value over the four years. We know that,
Mean = sum of observations/total no. of observations
Put all the values,
So, the required mean annual gain is equal to $375.
Answer:
1) Tax Payable
2) Property Plant and Equipment Asset
3) Motor Vehicle Asset
4) Property Plant and Equipment Asset
5) Advertising and Promotion Expense
6) Property Plant and Equipment Asset
7) Insurance Prepaid Asset
8) Motor Vehicle Asset
The Historical Cost of Plant Asset consists of Actual Purchase price and all Incidental Cost required to bring the asset to the point of use .
Explanation:
1) Already Accrued
2) The insurance is required to bring in the machinery
3) Sales taxes on Fixed assets are capitalised
4) The improvement is necessary in material
5) Advertising Expense not necessary for the functioning of the delivery truck
6) Fixed Asset Purchase
7) Insurance Prepayment not necessary for the functioning of the delivery truck
8) The expense is necessary for the functioning of the delivery truck
Answer:
a.The simple ranking method.
Explanation:
From The given scenario is based on the simple Ranking method which is the simplest method of Appraisal under which every employee is compared with the others and ranked from best to worst.