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
olga55 [171]
3 years ago
14

Stevens Clothing Company has four warehouses spread throughout the country. The company is considering building another warehous

e, but needs to know what effect a new warehouse will have on inventory level requirements. Currently, the company has an average inventory level of 1,000 shirts at each warehouse. What average inventory level per warehouse is needed to maintain current standards if the new warehouse is built
Business
1 answer:
Maslowich3 years ago
6 0

Answer:

894 shirts

Explanation:

to calculate new average inventory levels we can use the following formula:

average inventory levels = [(√new number of warehouses / √current number of warehouses) x current inventory level] / new number of warehouses

= [(√5 / √4) x 4,000] / 5 = [(2.236 / 2) x 4,000] / 5 = (1.118 x 4,000) / 5 = 4,472.14 / 5 = 894.4 ≈ 894 shirts

You might be interested in
Suppose selected comparative statement data for the giant bookseller Barnes & Noble are presented here. All balance sheet da
umka21 [38]

dont cheat on you test just because everyone is in online school because of the coronavirus

8 0
3 years ago
The table shown below gives the short-run total cost function Noel’s window cleaning firm. This firm competes in a perfectly com
lesya692 [45]

Answer:

profit maximizing output is 4; $28

Explanation:

Noel’s firm charges the market price for window washing jobs = $30/job

Marginal cost for the 5th unit of output:  

= Total cost from 5th unit - Total cost from 4th unit

= $129 - $92

= $37

At 5th level of output, the marginal cost is greater than the market price for window washing jobs.

Therefore, the profit maximizing output is 4.

Profit = (market price × output) - Total cost

        = ($30 × 4) - 92

        = $120 - $92

        = $28

4 0
3 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
solong [7]

Answer:

Results are below.

Explanation:

The absorption costing method includes all costs related to production, both fixed and variable. <u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. </u>

<u>First, we need to calculate the unitary fixed manufacturing overhead:</u>

Unitary fixed overhead= 85,400/2,440= $35

<u>Absorption costing income statement:</u>

Sales= 2,280*145= 330,600

COGS= 2,280* (49 + 17 + 17 + 35)= (269,040)

Gross profit= 61,560

Total selling and administrative= 22,800 + (2,280*10)= (45,600)

Net income= 15,960

8 0
3 years ago
Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $10,900
In-s [12.5K]

Answer:

$54,650

Explanation:

Total Net operating income from the two divisions is the difference between the total sales and the total expenses. The total expense is made up of the fixed cost and variable cost.  Whilst the variable cost is measured and unique to each departments, the fixed cost is not attributable to a single department.

The variable cost and sales are dependent on the level of activities. The sales less the variable cost gives the contribution margin.

As such, contribution less fixed cost gives the net operating income.

Common fixed cost

= ($77,100 + $43,100 - $10,900)/2

= $54,650

This cost would have been subtracted from each department to get the net operating income hence the division by 2.

3 0
3 years ago
In vietnam, business relationships are often based on
emmainna [20.7K]
A
social networks
 vietnam is a communist state. Factors of production are communally owned by the communities or by the state.
7 0
2 years ago
Read 2 more answers
Other questions:
  • Tony wanted to buy a pair of​ binoculars, but not just any brand. He wanted to buy a pair of Steiner​ Nighthunters, just like th
    11·1 answer
  • A company, Blue Marbles, who has a presence on Interwebs has become actively involved in political campaigns and uses their prof
    7·1 answer
  • Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and
    13·1 answer
  • If interest rates are at the zero lower bound:A. the effectiveness of monetary policy increases. B. monetary policy is not very
    5·1 answer
  • Batson Company produces Trivets. Based on its master budget, the company should produce 1,000 Trivets each month, working 2,500
    8·1 answer
  • MARK MORE THAN ONE PLS!!!!!!!! HELP!!!!
    7·1 answer
  • Who can you pay with PayPal?
    5·1 answer
  • Role o vision, mission,and objectives in entreprenial development in Nigeria businesses? Pls describe
    12·1 answer
  • Explain and give an example the difference between an explicit cost and an implicit cost.
    9·1 answer
  • a seller places an ad on social media stating that the seller will pay $10,000 to the first licensed real estate broker who find
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!