1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eduardwww [97]
3 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]3 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)

You might be interested in
New Town Instruments is analyzing a proposed project. The company expects to sell 1,600 units, ±3 percent. The expected variable
SOVA2 [1]

Answer:

  • What is the sales revenue under the worst-case scenario?

$ 125,032

Explanation:

Initial Escenario

TOTAL     Income Statement Unit   Quantity

$ 1,035,200 Total Net Sales       $ 647  1.600  

-$ 352,000 Variable Cost          $ 220  

-$ 64,000 Depreciation Expenses  

$ 619,200 Contributing Margin  

-$ 438,000 Anual Fixed Costs  

$ 181,200 Segment Margin  

Worst Case Escenario

Quantity fall 3% from 1,600 to 1,552

Price Fall 2% from $647 to $634

Variable Cost Increase 2% from $220 to $224

Anual Fixed Cost Increase 2% from $438,000 to $446,760

Depreciation Expenses maintained at the same level.

TOTAL Income Statement Unit Quantity

$ 984,061 Total Net Sales $ 634  1.552  

-$ 348,269 Variable Cost         $ 224  

-$ 64,000 Depreciation Expenses  

$ 571,792 Contributing Margin  

-$ 446,760 Anual Fixed Costs  

$ 125,032 Segment Margin  

0 0
3 years ago
1. How is inflation measured? Fill in the blanks to complete the passage about the CPI and the GDP deflator. The Consumer Price
Murljashka [212]

Answer:

First blank: Consumers

Second blank: GDP

Third blank: CPI

Explanation:

The Consumer Price Index is used to measure the basic basket of services and goods that a normal person often buys in order to have a decent quality of life, the GDP includes all goods and services produced, for example all the office equipment, or farm equipment that was produced by a countries economy, the average customer doesn´t need farm equipment nor office equipment that is why it is not taken into account in the Costumer Price Index.

8 0
3 years ago
In the two-period dynamic monopoly, if the monopolist succeeds in selling a sufficiently high quantity in the first period,A)the
Anton [14]

Answer:

D)the second-period demand curve will shift substantially to the right.

Explanation:

If monopolist succeeds in selling a sufficiently high quantity in the first period, then in the second period it will further increase and will shift the demand curve to right hand.

3 0
3 years ago
I can only put away $2,000 a year toward retirement. I am 25 and plan on retiring at 65 and earning 5%. How much will I have at
Scorpion4ik [409]

Answer: $241,600

Explanation:

As this amount is a constant amount, it is an annuity. To find out the total amount after a certain period of time, use the future value of annuity formula.

Future value of annuity = Amount * [ {( 1 + rate) ^number of periods - 1} / rate]

Number of periods = 65 - 25 = 40

Future value of annuity = 2,000 * [ {(1 + 5%)⁴⁰ - 1} / 5%]

= 241,599.54

= $241,600

3 0
3 years ago
A group of athletic shoes in a shoe factory are partially completed but still lack their innersoles and shoestrings. these shoes
gogolik [260]
<span>These would be work in-progress inventory. They are further along in production than the basic raw materials, but are not completed to the point where they could be put out for sale as finished goods. They are still requiring some work to get to this point.</span>
5 0
3 years ago
Other questions:
  • You currently manage Cody’s investment portfolio. He provided you with the following information for the beginning and the end o
    14·1 answer
  • Which type of account typically has low liquidity?
    13·1 answer
  • Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It alloca
    10·1 answer
  • A firm expects to sell 26,100 units of its product at $14 per unit. Pretax income is predicted to be $61,100. If the variable co
    14·2 answers
  • Economists sometimes give conflicting advice because
    9·1 answer
  • The funded status of Hilton Paneling Inc.'s defined benefit pension plan and the balances in prior service cost and the net gain
    10·1 answer
  • Which of the following statements is correct?
    13·1 answer
  • On January 1, 2020, HD Corp. paid $60,000 and issued a 5-year noninterest bearing note payable with a face value of $120,000 in
    8·1 answer
  • Over the past​ decade, the number of new car sales are down and the number of new car leases are up. What is probably the main r
    13·1 answer
  • calculus a hotel that charges 80 oer day for a room gives secial rates to organizations that reserve bewteen 30 adn 60 rooms
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!