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Eduardwww [97]
4 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]4 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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Answer:

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1. Present Value = 15,251 / ( 1 + 7%)¹³

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3 years ago
Claudia and Dayson are upper-level managers working for the same company, but they are located in different countries and come f
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Explanation:

The term "high-context culture" is used to refer to cultures in which implicit communication, nonverbal elements, and context are important factors of communication. This implies many words and expressions in these cultures do not have a literal meaning. According to this, it is likely Dayson is from a high-context culture, considering he focused on the implicit message in Jorge's words rather than considering the message was literal.

On the other hand, in "low-context culture" elements such as implicit meaning or context are not frequently used, this means, most communication is literal and explicit. This shows Claudia is from a low-context culture because rather than thinking Jorge's answer was just a formalism or irony, she interpreted the message literally.

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The government of the United States borrows most of the money it needs by __________.
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Units Unit Cost Inventory, Jan. 1 8,000 $11 Purchase, June 19 13,000 12 Purchase, Nov. 8 5,000 13 If 9,000 units are on hand at
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Answer:

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Explanation:

Under LIFO (last in, first out) costing method, we use the oldest costs are used to determine the ending inventory:

We were given the following data:

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If the ending inventory had 9,000 units, then its total cost is:

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Ending inventory = $88,000 + $12,000 = $100,000

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