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Eduardwww [97]
2 years ago
11

Haulsee Inc. builds 800,000 golf carts a year and purchases the electronic motors for these carts for $370 each. Ordering costs

are $540 and Haulsee’s inventory carrying costs average 14% of the inventory value. What is the total inventory costs? a. $565,443 b. $224,331 c. $211,555d. $211,555,120
Business
1 answer:
Neporo4naja [7]2 years ago
0 0

Answer:

Correct answer is c. $211,555.

Explanation:

Here inventory cost means total ordering cost plus total carrying cost for they year. This can be determine by using simple EOQ (economic order quantity) formula given below.

EOQ =((2* Annaul Requirement * cost per order)/carrying cost per unit)^ (1/2)

EOQ = ((2*800,000*540)/(370*14%))^(1/2)

EOQ = 4,084 units

so

Total order cost = 800.000/4,084 * 540 = 196 (aprox) *540 = 105,840 -A

Total Carrying cost = 4,084/2 * (370*14%) = 105,776-B

Total Cost = A+B = $ 211,555 (aprox)

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Tyler purchased a rental house in may 2011 for $135,000, of which $35,000 was attributed to the land. tyler sold the rental hous
daser333 [38]

Answer:

$2,424

Explanation:

Depreciation for a rental property is calculated following a straight line depreciation method for 27.5 years.

First we must calculate the rental's house basis excluding land value:

$135,000 - $35,000 = $100,000

Then we divide $100,000 by 27.5 years = $3,636 per year

Now we divide by 12 months = $303 per month and multiply times 8 months = $303 x 8 = $2,424

3 0
2 years ago
If there are 3 spots on an employment application to list references, how many references do you need to list?
Gekata [30.6K]
Three

Good references from people you have permission to use, carry much weight with prospective employers.

Build a good base of previous employers, coworkers, character references etc.

3 0
2 years ago
The Cascade Fresh yogurt company launched a very effective marketing plan strategy. The market responded, and customers flocked
MAXImum [283]

Answer:

The correct answer is C

Explanation:

As the yogurt company, launched a effective plan for the marketing strategy. But the market responded and the consumers flocked to purchase the yogurt. So, it means that the plan does not work in the market.

Therefore, the company need to update the market plan so that the more successful the plan will be it will require a revision and a faster plan.

7 0
2 years ago
BierCo is a beer company based in Germany. You purchased the stock in 2011 for 100 Euros when the exchange rate was 1.4 EUR/ USD
OLEGan [10]

Answer:

Decimal total dollar denominated return is 0.50

Explanation:

The dollar purchase price of the stock =100/1.4*$1

                                                                 =71.42857143 *$1

                                                                  =$71.42857143

today's dollar selling  price  =120/1.12*$1

                                 =107.1428571 *$1

                                 =$107.1428571

Dollar denominated total return in money terms=$107.1428571 -$71.42857143

          =$35.71428571

However the dollar-denominated return in percentage terms is computed the below formula

dollar denominated return %=(today's price-initial price)/initial price

                                                =($107.1428571 -$71.42857143 )/$71.42857143

                                                 =0.50 which represents 50%

3 0
1 year ago
is proud to work for a company with a strong __________ because he knows the organization supports ethical behavior.
son4ous [18]

Answer:

Ethical climate.

Explanation:

An ethical climate can be defined as a collection of behaviors that are considered to be acceptable and correct within an organization or business firm. Also, an ethical climate provides the human resources management of an organization with a framework or benchmark on how employee behavioral issues or ethical problems are to be managed or handled within the organization.

Thus, an organization with a strong ethical climate is generally considered to have an effective, conducive, just and optimum working standards for its employees and as such would significantly increase employee trust and commitment.

Hence, we can easily say Epicgible is proud to work for a company with a strong ethical climate because he knows the organization supports ethical behavior.

6 0
1 year ago
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