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MAXImum [283]
3 years ago
13

The objective of the EOQ with quantity discounts model is to ______(A) minimize the sum of annual carrying, holding, and purchas

e costs.(B) balance annual ordering and holding costs.(C) minimize annual purchase cost.(D) determine the minimum order quantity required for the maximum discount.
Business
1 answer:
babymother [125]3 years ago
8 0

Answer:

The correct answer is A

Explanation:

EOQ stands for Economic order quantity, it is the model which evaluated or determine the amount to order by using the assumptions that cost per unit of the items purchased which remain fixed irrespective of the number of the units ordered.

The quantity discount model that investigates the aggregate annual inventory costs with and without discounts. The main motive of EOQ with the quantity discount model is to minimize the total of the purchase, annual carrying and holding cost.

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ompute the plantwide predetermined overhead rate. 2. During the year, Job 400 was started and completed. The following informati
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Answer:

Instructions are below.

Explanation:

Giving the following information:

1. We weren't provided with enough information to calculate the plantwide predetermined overhead rate. <u>But, I can provide the information required as an example and the formulas necessary.</u>

Estimated overhead= 1,200,000

Estimated machine-hours= 350,000

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,200,000/350,000

Predetermined manufacturing overhead rate= $3.43 per machine hours.

2. Job 400:

Direct materials $320

Direct labor cost $240

Machine-hours used 36

Total manufacturing cost= 320 + 240 + 36*3.43

Total manufacturing cost= $683.48

3. Job 400= 50 units

Unitary cost= 683.48/50= $13.67

4. Moody uses a markup percentage of 120% of its total manufacturing cost

Selling price per unit= 13.67*1.2= $16.404

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3 years ago
What is the main advantage for businesses that participate in the globalized market?
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Answer:

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Answer:

Inventory TO 5.5

This means Ortiz sales his inventory 5.5 times per year.

Explanation:

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This means Ortiz sales his inventory 5.5 times per year.

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