Answer:
Production = 27600 units
Explanation:
The number of units that must be produced during the month should be enough to meet the selling requirement for the month plus the desired level of ending inventory. Any starting of beginning inventory at the start of the month will reduce the number of units to be produced. Thus, the formula to calculate production for the month is,
Sales = Opening inventory + Production - Closing Inventory
Total sales = 7000 + 8000 + 9000 = 24000
24000 = 18000 + Production - 21600
24000 + 21600 - 18000 = Production
Production = 27600 units
Answer: 554 units
Explanation:
The formula to calculate the optimal average number of units in the inventory will be calculated as:
= EOQ/2
EOQ is the economic order quantity and this will be:
= √(2 × Annual demand × Ordering cost / Carrying cost
= √(2 × 202,801 × 9.33)/3.08
= ✓1228658.5
= 1108.5
Therefore, the optimal average number of units in the inventory will be:
= EOQ/2
= 1108.5/2
= 554.25
= 554 units approximately
Answer:
$958
Explanation:
The amount that is excess in the initial margin account can be withdrawn. So we calculate the price increase that will result in a $2000 increase in initial margin.
The present price per unit of the commodity is 950 cents for 25,000 units
A unit increase of the price (which is in cents) will be 1/100= 0.01
Therefore an increase in price of 0.01 will lead to gain of 0.01 * 25,000= $250
Let's get price increase that will result in $2,000 gain
$250 = 1 unit price increase
$2,000 = x
x= (2000 * 1) ÷ 250= 8 units increase
Therefore the price at which $2,000 can be withdrawn is 950 + 8= 958 cents
Answer:
The correct answer is letter "D": franchises.
Explanation:
Franchises are business structures in which franchisees access the trademarks and proprietary rights of a franchisor to use its brand name and products in exchange for a fee charged on a regular basis. Franchising avoids a new company spending money on activities related to promoting a new business since the franchisor already has a well-known name in the market.
<em>MacDonald's represents the largest franchise in the U.S. in 2020 according to Franchise Direct.</em>
Answer:
$9000
Explanation:
Depreciation is a systematic allocation of the cost of an asset over its useful life. One method of depreciation is the straight line method where the value of an asset is uniformly and gradually written off over its useful life
<u>Working</u>
Cost of asset - $90000
Useful life - 9years
Salvage value - $9000
Fiscal year - (Jan 1- Dec 31)
Depreciable amount- (90000-9000)= $81000
Annual depreciation (straight line ) 81000/9 = $9000
December 31 2017 depreciation expense = $9000*1/2 = 4500
Decemebr 31 2018 depreciation expense = $9000