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kondaur [170]
4 years ago
10

(Tierman Gallery Part A) The Tierman Gallery distributes to its visitors a brochure to its collections. There are about 20800 vi

sitors per year. The unit cost is $2, the holding cost for a brochure is 10% of the unit cost and it costs $30 to place an order. The unit time is 1 week and it takes 2 weeks till printed brochures are delivered. [OQ] (Tierman Gallery Part A) Tierman should place an order when the on-hand inventory reaches ___.
Business
1 answer:
Likurg_2 [28]4 years ago
4 0

Answer:

TIERMAN SHOULD PLACE AN ORDER WHEN THE ON HAND INVENTORY REACHES:<u> C. 800</u>

Explanation:

Annual demand (i.e. Number of visitors) = D = 20800

Ordering cost = F = $30

Unit holding cost = C = 10% of $2 /unit = $0.2 / unit

Weekly demand of visitors = Annual demand of visitors/ 52 weeks = 20800/ 52 = 400

Lead time for delivery of brochure = L = 2 weeks

Therefore, Reorder point = Weekly demand x Lead time (weeks) = 400 x 2 = 800

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Santana, Inc. reports the following liabilities (in thousands) on its January 31, 2014, balance sheet and notes to the financial
deff fn [24]

Answer:

$22,577.1

Explanation:

SANTANA INC.Balance Sheet (Partial)January 31, 2014

Current liabilitiesNotes payable $2,563.6

Accounts payable $4,263.9

Current portion of mortgage payable $1992.2

Warranty liability $1,417.3

Unearned rent revenue $1,058.1

Salaries and wages payable $858.1

Income taxes payable $265.2

Total current liabilities $12,418.4

Long-term liabilitiesMortgage payable$6,746.7

Bonds payable $1,961.2

Accrued pension liability$1,115.2

Notes payable $335.6

Total long-term liabilities $10,158.7

Total liabilities $22,577.1

($12,418.4 +$10,158.7)

3 0
3 years ago
A special surveillance and rescue team is being deployed to counter the menace of pirates in the Indian ocean. Nick, Sid, Leah a
lesya692 [45]

Answer:

The correct answer is (e)

Explanation:

The interpersonal process is a key aspect which helps team members to grow and trust each other. It helps to build confidence within the team members. The role of Kevin is to improve confidence and motivate team members, which is an interpersonal process. It is related to individual traits and qualities. The interpersonal process is handling by someone who has relevant experience to encourage and motivate people. It is an essential process before the task, and within the task to achieve necessary results.

7 0
3 years ago
Ashley Anderson pays her HOA dues of $660 for the calendar year. She then sells her property and closes on June 15. What is the
Alenkinab [10]

Answer:

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

Explanation:

<em>Step 1: Determine HOA per day</em>

Use the expression below to determine HOA per day;

T=H×N

where;

T=total HOA dues per year

H=HOA per day

N=number of days in a year

In our case;

T=$660

H=unknown

N=360 days

Replacing;

660=H×360

360 H=660

H=660/360

H=$1.83 per day

<em>Step 2: Determine amount of HOA that is due back</em>

Using the same expression;

T=H×N

but;

T=unknown

H=$1.83 per day

N=(June, 15 days)+(July, 30)+(Aug, 31)+(Sep. 30)+(Oct 31)+(Nov 30)+(Dec 31)

N=(15+30+31+30+31+30+31)=198 days

Replacing;

T=(1.83×198)=$362.34

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

5 0
4 years ago
What is harder life without math or life without science.
vampirchik [111]
Life without math cause math helps science out ,bills and taxes just calculating things overall involves math into it
8 0
3 years ago
Read 2 more answers
The Supplies account for Vulcan Cleaning Services had a debit balance of $200 at the beginning of the month. Additional supplies
dmitriy555 [2]

Answer:

$1,000

Explanation:

Beginning balance in supplies account = $200

The supplies account is an asset account and ordinarily should have a debit balance. If additional supplies of $1,400 were purchased during the month, it goes into the account as a debit.

If at the end of the month, only $600 of supplies was still on hand total supplies expense

$200 + $1,400 - supplies expense = $600

supplies expense = $200 + $1,400 - $600

= $1,000

The supplies expense is debited when supplies are used and the corresponding credit goes to the supplies account.

7 0
4 years ago
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