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Fofino [41]
2 years ago
5

A certain type of computer costs $10 per unit, and the annual holding cost is 25% of the value of the item. Annual demand is 1,0

00 units, and the order cost is $150 per order. What is the approximate economic order quantity? 346 120,000 866 1095 110
Business
1 answer:
lukranit [14]2 years ago
0 0

Answer:

Annual demand (D) = 1,000 units

Ordering cost (Co) = $150

Holding cost per item per annum = 25% x $10 = $2.50

EOQ = √2DCo

                H

EOQ = √2 x 1,000 x $150

                  $2.50

EOQ = 346 units

Explanation:

EOQ is the square root of 2 multiplied by annual demand and ordering cost per order divided by holding cost per item per annum. EOQ is the quantity of stock that is bought each time a replenishment order is placed.

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The following information was reported by Young's Air Cargo Service for 2017: Net fixed assets (beginning of year) $ 1,860,000 N
Degger [83]

Answer:

1.56

Explanation:

Data provided in the question:

Net fixed assets (beginning of year) = $1,860,000

Net fixed assets (end of year) = $2,280,000

Net operating revenues for the year = $3,230,000

Net income for the year = $1,600,000

Now,

company's fixed asset turnover ratio for the year

= Net operating revenues ÷ Average total assets

Also,

Average total assets

= [Net fixed assets (beginning of year) + Net fixed assets (end of year) ] ÷ 2

= [ $1,860,000 + $2,280,000 ] ÷ 2

= $2,070,000

Therefore,

Company's fixed asset turnover ratio for the year

= $3,230,000 ÷ $2,070,000

= 1.56

3 0
2 years ago
List two rules concerned with writing a good resume. (job application)
zavuch27 [327]
Name more than 3 reasons why you are good for the Job you are applying for.


6 0
2 years ago
DeAngelo went to the store to purchase groceries. By the time he reached the paper products aisle, he was down to his last few d
FinnZ [79.3K]

Answer:

Generic Brand

Explanation:

Based on the scenario being described it can be said that the brand that DeAngelo seems to have bought is known as a Generic Brand. These are a product brand that is distinguished by it's absence of any brand name on the package and instead it's package only defines it's characteristics. They usually are the cheapest option and compete with more expensive branded products.

3 0
1 year ago
Hyun's Handicrafts is a company that provides custom linens for both businesses and individual consumers. Hyun does not make any
Tom [10]

Answer:

Pull Strategy

Explanation:

The Pull Strategy is a marketing strategy which consists in having the customer seek the product by himself or herself.

The goal is to create consumer demand before kickstarting production.

In this case, we have a perfect example of a pull strategy, because Hyun will not start production unless it has proof of demand from a customer, the proof being a order.

8 0
2 years ago
Carr, Inc. purchased equipment for $100,000 on January 1, 20X2. The equipment had an estimated 10-year useful life and a $15,000
Dafna11 [192]

Answer:

c) $17,000

Explanation:

200% depreciation method is the double of the straight line depreciation method. In this method you divide cost of asset net of salvage value by its useful life and multiply it with 2.

Cost of Equipment = $100,000

Estimated useful life = 10 years

Salvage value = $15,000

Depreciation = ?

Depreciation expense will be calculated by following method

Depreciation Expense = ( ( $100,000 - $15,000 ) / 10 ) x 2

Depreciation Expense = ( $85,000 / 10 ) x 2

Depreciation Expense = $8,500 x 2

Depreciation Expense = $17,000

8 0
2 years ago
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