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Thepotemich [5.8K]
3 years ago
10

A manufacturer is contemplating a switch from buying to producing a certain item. Setup cost would be the same as ordering cost.

The production rate would be about double the usage rate. Compared to the EOQ, the maximum inventory would be approximately:
a. 30 percent higher.
b. 70 percent higher.
c. 30 percent lower.
d. 70 percent lower.
Business
1 answer:
Luden [163]3 years ago
5 0

Answer:

c. 30 percent lower.

Explanation:

Since the manufacturer is contemplating a switch from buying to producing a certain item while setup cost would be the same as ordering cost, the production rate would be about double the usage rate.

Compared to the Economic Order Quantity (EOQ), the maximum inventory would be approximately 30 percent lower under Economic Production Quantity (EPQ), and higher under EOQ.

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In its first year of operations, Roma Company reports the following:
Vlad [161]

Answer:

Net Income - Cash basis = $10000

Net Income - Accrual basis = $19500

Explanation:

The cash basis of accounting accounts for transactions that occured in cash in the period when cash changes hand. This means that transactions are recorded when the cash is paid or received rather than to the period to which they actually relate to.

Cash basis net income will be,

Net Income = 37000  -  20250  -  6750

Net Income - Cash basis = $10000

The accrual basis of accounting follows that the transactions should be recorded in the period to which they relate to rather then when the cash is paid out or received.

Accrual basis Net income will be,

Net Income - Accrual basis = 45000 - 25500

Net Income - Accrual basis = $19500

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3 years ago
S&L Financial buys and sells securities that it typically classifies as available-for-sale. On December 27, 2018, S&L pu
nikdorinn [45]

Answer:

2018 loss for 1,500

2019 gain for 4,000

Explanation:

purchase at 715,000

December 31th 713,500

adjusting entry december 31th

loss on investment          1,500 debit

    marketable securities                     1,500 credit

january 3rd, 2019

cash                                717,500 debit

     gain on investemnt                       4,000 credit

     martetable securities                 713,500 credit

to record gain on investment

6 0
3 years ago
Which probability distribution is commonly used to model the inherent variability of activity time estimates in project manageme
Ksivusya [100]

Answer:

Beta distribution

Explanation:

Beta distribution In probability theory

is regarded as a part of continuous probability distributions with a defined interval which could be 0 and 1, and it is characterized with two positive parameters (α and β) which is seen as

as exponents of the random variable .

It should be noted that Beta distribution probability is commonly used to model the inherent variability of activity time estimates in project management

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3 years ago
Which site would the nurse assess first for the amount of drainage from a client discharged from the postanesthesia care unit (p
kondaur [170]

The Surgical incision is the site that the nurse will assess first for the amount of drainage from a client discharged from the postanesthesia care unit.

<h3>What is a Surgical incision?</h3>

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Therefore, this Surgical incision is the site that the nurse will assess first for the amount of drainage from a client discharged from the postanesthesia care unit.

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8 0
1 year ago
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_____ involves marketing philosophies, policies, procedures, and actions whose primary objective is the enhancement of society.
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Social responsibility in marketing refers to marketing philosophies, strategies, practices, and actions whose main goal is to improve society and safeguard the environment by using environmentally friendly goods and methods.

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4 0
1 year ago
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