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Vinvika [58]
3 years ago
10

For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual inve

ntory (carrying and setup) cost is $400. What is the inventory carrying cost per unit per year for this item? $2.00 $3.00 $150.00 $1.00 not enough data to determin
Business
1 answer:
lilavasa [31]3 years ago
3 0

Answer:

$2 per unit per year

Explanation:

The calculation of the inventory carrying cost per unit per year is shown below:

Inventory Carrying cost per unit per year is

= Total Annual Inventory cost ÷ Economic order quantity

= $400 ÷ 200 units  

= $2 per unit per year

It is computed By dividing the total annual inventory cost from the economic order quantity, in order to get the inventory carrying cost

Therefore, the first option is correct

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What is the task of middle level managers?
kotegsom [21]
A. To supervise employees over their daily tasks. Typically, middle-level managers are responsible for overseeing their teams and employees to help a company accomplish its goals through project and team management. They will implement policies and objectives, and manage expectations with senior-level management. 
6 0
3 years ago
Which of the following best explains why resources need to be allocated in the game of economic? A) Natural resources are often
Sladkaya [172]

Answer:

The best explanation for the need to allocate resources in the game of economics is that:

C) There are not enough resources to produce all of the goods and services that everyone wants.

Explanation:

In economics, it has been established that human needs are insatiable and that the resources to meet the needs are not readily and sufficiently available.  This is the bedrock of Economics.  It is the reason that Economics is studied as a separate course.  Scarcity and needs are important concepts in human interactions.  Therefore, the ability to allocate scarce resources to enable the production of goods and services is key to human development.

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3 years ago
As part of the initial screening for possible employment, a nuclear power company administers a psychological test that yields s
Law Incorporation [45]

Answer: It is called Minnesota Multiphasic Personality Inventory (MMPI)

Explanation:

The Minnesota Multiphasic  Personality Inventory is a clinical assessment tool widely accepted to measure and diagnose mental health disorders.

6 0
3 years ago
Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivab
AnnZ [28]

Answer:

a.                          Acct. receivable   % uncollectible   Est. uncollectible

1-30 days old           $63,000                      3%                    $1,890

31-90 days old         $12,000                      14%                   $1,680

> 90 days old           $5,000                       37%                  <u>$1,850</u>

                                                                   Total                   <u>$5,420</u>

b. Date   General journal                                         Debit    Credit

Dec 31    Bad debts expenses                                $5,150

                      Allowance for doubtful accounts                   $5,150

              ($5,420 - $270)

6 0
3 years ago
Rolette Clemens is a financial institution that provides loans to businesses. It rejects a textile company's request for a loan
Kamila [148]

Answer:

Balance sheet

Explanation:

Balance sheet: In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced.  

Moreover, it always is prepared on the specified date.

It analyzes the financial profitability, position, performance of the business organization

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3 years ago
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