Answer:
74 units; 93 units
Explanation:
Given that,
Holding cost, H = $2 per unit
Carrying cost, O = $55
Demand in first half, D1 = 590 units
= 590 ÷ 6
= 98.33 per month
Demand in second half, D2 = 940 units
= 940 ÷ 6
= 156.67 per month
For D1; EOQ:
= 73.54 or 74 units
For D2; EOQ:
= 92.82 or 93 units
Hence, the appropriate order size will be 74 units and 93 units.
Answer: The correct answer is "lower".
Explanation: Students in the United States consistently score <u>lower</u> on international assessments of mathematics and science than do students in other industrialized and even some nonindustrialized nations.
Answer:
cost of goods manufactured= $5,000
Explanation:
Giving the following information:
Beginning Finished Goods Inventory= 12,000
Ending Finished Goods Inventory= 8,000
Cost of Goods Sold= $9,000
To calculate the cost of goods manufactured, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
Isolating cost of goods manufactured
cost of goods manufactured= -beginning finished inventory + COGS + ending finished inventory
cost of goods manufactured= -12,000 + 9,000 + 8,000
cost of goods manufactured= $5,000
The computation follows:
1. Solve first for the variable cost per unit.
Direct materials $ 6.00
<span>Direct labor $ 3.50
</span>
<span>Variable manufacturing overhead $ 1.50
</span>
<span>Sales commissions $ 1.00
</span>
<span>Variable administrative expense $ 0.50
</span>
<span>= $12.50 variable cost per unit
2. Then deduct the selling price to the variable cost per unit, to get the contribution margin.
</span><span>22 - 12.50 = $9.50 CM per unit</span>
Answer:
the interest rate will rise
Explanation:
For the nominal GDP to increase, the money supply must have increased. This will lead to a higher inflation rate, which will rise the interest rate. Since the interest rate increased, the price of bonds will decrease. Since the money supply increased, private consumption will increase.
