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Fofino [41]
3 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]3 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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Depreciation Methods A delivery truck costing $22,000 is expected to have a $2,000 salvage value at the end of its useful life o
Artist 52 [7]

Answer:

a. $5,000

b. $5,500

c. $6,000

Explanation:

The computation of the depreciation expense for the second year is shown below:

a) Straight-line method:

= (Original cost - residual value) ÷ (useful life)

= ($22,000 - $2,000) ÷ (4 years)

= ($20,000) ÷ (4 years)

= $5,000

In this method, the depreciation is same for all the remaining useful life

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $22,000, so the depreciation is $11,000 after applying the 50% depreciation rate

And, in year 2, the $11,000 × 50% = $5,500

(c) Units-of-production method:

= (Original cost - residual value) ÷ (estimated production)

= ($22,000 - $2,000) ÷ ($100,000 miles)

= ($20,000) ÷ ($100,000 miles)

= $0.2 per miles

Now for the second year, it would be

= Production units in second year × depreciation per miles

= 30,000 miles × $0.2

= $6,000

4 0
3 years ago
todd plans to purchase a life insurance policy from a stock life insurance company. What kind of policy is he planning to purcha
Tpy6a [65]

Answer:

The correct answer is B. Nonparticipating policy

Explanation:

It refers to the implementation of initiatives where the comments or considerations of the employees are not taken into account. In this type of actions, it is based on the utility for the totality of the persons of a company, and their acceptance by them is understood.

6 0
3 years ago
Walmart visa gift card Invalid Gift Card information. Please try again in 24 hours.
Hoochie [10]

Walmart visa gift cards are the gift cards that are used to make payments just like the credit or the debit cards used. The benefit with this is  that you get a gift with every purchase you make, making it attractive for the buyer.

<u>Explanation:</u>

Walmart visa gift cards are the cards that are used to make payment just like the debit or the credit card. The amount gets deducted directly from the account with every purchase the consumer makes. But the benefit of this is that you get an assured gift with every purchase you make. So this attracts the customers.

Walmart Visa gift cards are acceptable at the places where visa gift cards are acceptable throughout the United States of America and the district of Columbia. These gift cards are not acceptable internationally. These can only be used in the country to make purchases and not in other countries of the world.

6 0
3 years ago
Chav has taken her employees for a team-building lunch. The final bill is $92.50. How much should Chav leave for a 20% tip?
Shtirlitz [24]

Answer:

  • <u>$18.50</u>

Explanation:

To calculate the<em> tip</em> you must multiply the bill by the percentage and divide by 100.

This is:

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  • Tip = 20% × $92.50 / 100 = $18.50 ← answer

Then, Chav should leave $18.50 for a <em>20% tip.</em>

Also, notice that when you receive the bill you should find the total before taxes and calculate the tip over such total without taxes.

In this problem, you are only given the final bill, then you cannot discriminate the value of the meal as such so you use the total value of the bill.

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Answer:

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8 0
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