Answer:
475
Explanation:
The computation of the target level that should be set is given below:
= demand per day × (lead time + review period)+ safety stock
where
safety stock is
= z value at service level × standard deviation × √(review period + lead time)
= 1.64 × 5 × √(7 + 2)
= 24.67
Now the target level should be
= 50 × (7 + 2) + 24.67
= 474.67
= 475
The compound amount recieved by Jamie after 180 days is $1,466,844.98
Explanation:
We know that money in any sort of banking account earns interests in a compounding manner.
Amount at the end of time “x” is given by A= P(1+R/100)
ˣ
Where A= amount after the said time period
P= Principal
R= Rate
x= time period
One must note that “x” and “R” must be in same time-frame i.e. if the rate is compounded daily, time period must be considered daily and so on.
Substituting the values of P as $ 3000, R as 3.5%, and x as 180
Amount after 180 days= 3000 (1+3.5/100)
¹⁸⁰
Amount= $1,466,844.98
Thus, the amount is $1,466,844.98
Because NDP stands for National Domestic Product which means everything that is produced in the country e.g. the US, and abroad from companies that are American.
Whereas, GDP is just from goods and services made in the country and in its borders.
Answer:
Results are below.
Explanation:
Giving the following information:
Estimated direct labor hours= 135,000
Estimated varaible overhead= $337,500
Estimated fixed overhead= $540,000
<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>
<u></u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
<u>Variable:</u>
Predetermined manufacturing overhead rate= 337,500/135,000= $2.5 per direct labor hour
<u>Fixed:</u>
Predetermined manufacturing overhead rate= 540,000/135,000= $4 per direct labor hour
Answer:
<u><em>Ending Inventory:</em></u> <em>21,267.70</em>
Explanation:
cost retail
beginning 12,700 20,900
purchases 113,930 158,500
markups 9,600
markdowns (7,400)
total 126,630 181,600
inventory to retail ratio: 126,630 / 181,600 = 0.6973
sales revenues 151,100
COGS: 151,100 x 0.6973 = 105,362.30
<u><em>Ending Inventory:</em></u> 126,630 - 105,362.30 = <em>21,267.70</em>
