Answer: D. Allocating some manufacturing overhead to each individual job
Explanation:
The first three steps to allocating manufacturing overhead are taken before the year begins does not involve allocating some manufacturing overhead to each individual job as this would affect the manufacturing process.
Answer: The answer is Trend extrapolation
Explanation:
Saying that money is indivisible is false. As long as its not a penny, money can be divided down to the last cent
Answer: 980
Explanation:
The number of units of inventory that the storage area must be able to hold will be calculated as:
Demand = 100 × 300 = 30000
Production rate per day = 500
Setup cost = $200
Annual holding cost = $10
We then use the economic order quantity formula to solve and the answer will be gotten as 1225
The maximum inventory will now be:
= EQQ × (1-d/p)
= 1225 × (1-100/500)
= 1225 × ( 1 - 0.2)
= 1225 × 0.8
= 980