Answer:
a) $3
b) $2
c) 1449
Explanation:
Given:
The cost for a carton of milk = $3
Selling price for a carton of milk = $5
Salvage value = $0 [since When the milk expires, it is thrown out ]3
Mean of historical monthly demand = 1,500
Standard deviation = 200
Now,
a) cost of overstocking = Cost for a carton of milk - Salvage value
= $3 - $0
= $3
cost of under-stocking = Selling price - cost for a carton of milk
= $5 - $3
= $2
b) critical ratio = 
or
critical ratio = 
or
critical ratio = 0.4
c) optimal quantity of milk cartons = Mean + ( z × standard deviation )
here, z is the z-score for the critical ration of 0.4
we know
z-score(0.4) = -0.253
thus,
optimal quantity of milk cartons = 1,500 + ( -0.253 × 200 )
= 1500 - 50.6
= 1449.4 ≈ 1449 units
Answer: $19,032.79
Explanation:
There is some data missing that I was unable to find so I will answer a similar question and can use your data to answer this using mine as a reference.
Because the healthcare industry is the base industry, the estimated difference in the annual salary is:
= 0 - Coefficient of Financial industry
= 0 - (-19,032.787112)
= 0 + 19,032.787112
= $19,032.79
Answer:
If the asset’s book value exceeds the proceeds received from disposal by sale, the company records a gain.
Explanation:
All of the other options are true except for this option;
If the asset’s book value exceeds the proceeds received from disposal by sale, the company records a gain.
It is expected that the company should record a loss rather.
Hence, If the sales of a plant asset exceeds its book value, the company records a gain.
Answer:
The answer is B, C, and E.
Explanation:
Saw this post and one other neither had the correct answer so i figured i would help anyone out that needs the correct answer.
