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nexus9112 [7]
3 years ago
9

Recently, the owner of a trader joe's franchise decided to change how she compensated her top manager. last year, she paid him a

fixed salary of $65,000 and her store made $130,000 in profits (not counting payment to her top manager). she suspected the store could do much better and feared the fixed salary was causing her top manager to shirk on the job
Business
1 answer:
Wewaii [24]3 years ago
8 0

Net earning for owner after payment to top manager, last year = $(130,000 - 65,000) = $65,000

This year, out of the forecast profit of $270,000, Owner has to pay to the top manager = $35,000 + 16% x $270,000

= $(35,000 + 43,200) = $78,200

Net money earned by owner this year = $(270,000 - 78,200) = $191,800

Change in net owner's earning = $(191,800 - 65,000) = $126,800

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The annual carrying cost for a consumer product is $115, the ordering cost is $1,150, and the annual demand is estimated to be 1
STatiana [176]

Answer:

Store should take the advantage of discount.

Explanation:

Economic order quantity is the level of units ordered which minimize the total cost.

The economic order quantity (EOQ) is computed by applying the following formula

EOQ = [ ( 2DO ) / H ]^1/2

where D = Annual Demand in units = 1,000

S = Setup or ordering cost = $1,150

H = Holding or carrying cost per unit, per year = $115

EOQ = [ ( 2 x 1,000 x $1,150 ) / $115 ]^1/2

EOQ = [ $2,300,000 / $115 ]^1/2

EOQ = 20,000^1/2

EOQ = 141.42 units

Cost of EOQ

Purchasing cost =  1,000 x $810 = $810,000

Ordering cost = (1,000 / 141.42) x $1,150 = $8,132

Carrying cost = ( 141.42 / 2 ) x $115 = $8,132

Total cost = $810,000 + $8,132 + $8,132 = $826,264

Cost of Discount

Purchasing cost =  1,000 x $810 x 80% = $648,000

Ordering cost = (1,000 / 151) x $1,150 = $7,616

Carrying cost = ( 151 / 2 ) x $115 = $8,683

Total cost = $648,000 + $7,616 + $8,683 = $664,299

Store should take the advantage of discount because it incurs lower cost.

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Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
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a large scale organization of professional criminals that controls dome vice or business through violence or the threat of viole
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