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
dedylja [7]
4 years ago
13

You are the purchasing manager and you buy a raw material having the following information: Annual demand = 900 units Fixed orde

r quantity = 260 units Order cost = $100 / order Inventory carrying cost = 25% Per unit purchase cost = $10 / unit Safety stock = 30 On average, what is the dollar value of inventory that you will have for this material?
Business
1 answer:
alex41 [277]4 years ago
7 0

Answer:

=2983.25

Explanation:

In calculating the inventory on raw materials you will have to Add together the original value of raw materials, the works in progress if any and finished goods to get starting total inventory.

The solution to the question can be calculated like this:

EOQ=\sqrt{2* 900 * 100/2.5}

EOQ=268.328

EOQ+SAFETY STOCK=268.328+30

=298.325

VALUE=298.325*10

=2983.25

You might be interested in
Which of the following is a poor reason to choose a profession?
olga_2 [115]
The answer is C because you have to love what you want to become in order to succeed in life and letter C represents a poor reason to choose a profession because if for example you decide to become a teacher and you don't like the job, but the salary then you would not be more than a failure.
5 0
3 years ago
Read 2 more answers
Michael keeps looking for his keys on the kitchen table, where he usually leaves them. eventually, he checks in his pocket and f
cupoosta [38]
He didn't leave them on the table this time
3 0
3 years ago
Heath can pay $10 for one meal deal at the hamburger restaurant or $15 for
andrezito [222]

The marginal cost of the second meal deal is $5.

<h3>What is the marginal cost?</h3>

The marginal cost is the change in total cost when consumption is increased by one unit.

Marginal cost = change in total cost / change in consumption

($15 - $10) / (2 - 1) = $5

To learn more about marginal cost, please check: brainly.com/question/16399134

#SPJ1

8 0
2 years ago
In 2005, Anthara Inc. acquired Sathya Inc. for $1,200 million when the fair value of net assets (assets minus liabilities) of Sa
tatiyna

Answer:

$20 million

Explanation:

Data provided in the question:

Book value of assets in 2005 = $1,200 million

Fair value of assets in 2005 = $955 million

Book value of assets in 2006 = $720 million

Fair value of assets in 2006 = $700 million

Now,

Impairment Loss = Fair value - Carrying value of Net assets

or

Impairment Loss

= Fair value of assets in 2006 - book value of assets in 2006

= $700 million - $720 million

= - $20 million                [ Here, the negative sign means a loss]

Hence,

Impairment loss of $20 million

6 0
3 years ago
Chrzan, Inc., manufactures and sells two products: Product E0 and Product N0. Data concerning the expected production of each pr
Trava [24]

Answer:

A. $59.78 per MH

Explanation:

The computation of activity rate for the Order Size activity cost pool under activity-based costing is shown below:-

Activity rate for the Order Size activity cost pool = Activity pool cost ÷ Total expected activity

= $579,866 ÷ 9,700

= $59.78 per MH

Therefore for computing the activity rate for the Order Size activity cost we simply applied the above formula and ignore all other value as the other values are not relevant.

7 0
4 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
  • Valley Spa purchased $8,000 in plumbing components from Tubman Co. Valley Spa signed a 60-day, 12% promissory note for $8,000. I
    10·1 answer
  • List several factors that help identify inappropriate, unsound, and possibly dangerous commercial weight loss programs
    10·1 answer
  • Prime Investments Corporation sues one if its executives, Stewart, for embezzling client funds. At trial, Prime calls several of
    6·1 answer
  • Financial Decision. You have a​ $7,000 balance on your car loan at​ 11% interest. Your favorite aunt has just left you​ $10,000
    5·1 answer
  • On January 1, 2017, Sheridan Company had a balance of $417,000 of goodwill on its balance sheet that resulted from the purchase
    15·1 answer
  • Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3.2 billio
    10·1 answer
  • The exclusion of gain on the sale of a personal residence may be elected only by a taxpayer who has owned three or more residenc
    10·1 answer
  • Just say Hi For 50 points!
    10·1 answer
  • According to Frans Johansson, all new ideas are: Select one: a. Typically representative of a combination of ideas that are inte
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!