Answer:
Explanation:
Reorder point quantity is the level at which an inventory is expected to be restocked , calculated by finding the sum of demand over the lead time and the safety stock days
Daily usage = 800 feet / day
Lead time = 6 days
Desired service level = 95%
Risk level = 1-0.95 =0.05
safety stock at 0.05 = 1800
Reorder point = expected demand in (LT) + safety stock
= (800*6) + 1800
= 4800+1800 = 6600 feet.
Answer:
There are no written records of underground activities.
Explanation:
There are different acts and jobs that make up for underground economy. It is primarily referred to as money earned from illicit activities like prostitution and the sale of illegal drugs. But it also broadly refers to any unreported income, such as undeclared tips or gambling winnings, or under-the-table payments made to laborers like house painters and construction workers, whose wages may go unreported to tax authorities. Unreported income paid to illegal aliens or migrant workers also contributes to the underground economy.
The underground economy also causes billions of dollars in lost taxes.
The Underground Economy and GDP
Due to its cloaked nature, it's difficult to gauge the true extent of the money that changes hands through the underground economy (sometimes referred to as the shadow economy).
Answer:
$66,800
Explanation:
The computation of the amount of production cost assigned to product A but before that first we have to calculate the overhead rate which is shown below:
Overhead rate = Overhead Cost ÷ Total Labor Cost
= $60,000 ÷ ($30,000 + $16,000)
= $1.30
Now
Overhead Cost assigned to product A is
= $1.30 × $16,000
= $20,800
So, the Production costs assigned to product A is
= Direct Materials cost + Direct Labor cost + Overhead Cost
= $30,000 + $16,000 + $20,800
= $66,800
From the computation, the price of the trail mix will be $10.50.
From the information given, we're informed that Marion buys 3 pounds of granola for $3 per pound, the cost of the granola will be:
= $3 × 3 = $9.
She also buys and 0.75 pounds of raisins for $2 per pound, therefore, the cost of the raisin will be:
= 0.75 × $2 = $1.50
Therefore, the price of the trail mix will be:
= $9 + $1.50
= $10.50
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