Answer:
Phi Upsilon Nu
The total annual costs for the Alpha Ave. location with twenty persons living there is:
= $9,000.
Explanation:
a) Data and Calculations:
ANNUAL OPERATING COSTS
LOCATION FIXED VARIABLE Total Costs
Alpha Ave. $5,000 $200 per person $9,000 ($5,000 + $200 * 20)
Beta Blvd. $8,000 $150 per person $11,000 ($8,000 + $150 * 20)
b)The variable cost of each location varies according to the number of persons living there and the rate incurred per person. The fixed cost does not vary, at least, with the relevant range for either location. When the total variable costs are computed, these are added to the fixed cost to obtain the total costs. Then there is a comparison of the two locations to determine the location with the least total costs.
Answer:
monthly data series in a GDP
Explanation:
A GDP is defined as the actual domestically manufactured or produced products or the services provided in a financial year which describes or estimates the financial status or economic status of a country. GDP stands for Gross domestic product.
By analyzing the monthly data series of goods or services produced one can predict the real GDP of a country to be. One can use the monthly observations of the employment, unit auto as well as truck sales, sousing starts, retail sales, trade, automobile inventories, manufacturing, shipment of machinery and equipment, index of the industrial production, etc. to predict the GDP growth or get an idea of the GDP figures that are going to show the robust growth of the economy.
Answer: The answer is $2,759.22
Explanation: From the question above, we have:
September 1st to January 1st is 4 months, this is 1/3 of a year which means that the student will earn:
=> 9/3 = 3%
3% interest for the money that is saved is the savings account. So the student must put in at least:
x + 3%x = 1400
x + 0.03x = 1400
1.03x = 1400
x = 1400 / 1.03
x = 1,359.22
Therefore, if the student saves $1,359.22 in the savings account By September 1st, she will have $1400 by January 1st.
Also, the student needs to make $1400 for the first semester. So overall she will need to make:
1,400 + 1,359.22 = $2,759.22 during the summer in order to ensure that she will have enough money to pay for both semesters.
please do you mean 1 unit for safety stock or 100 units, will solve for both
Answer:when safety stock =1, Reorder point= 601 units
when safety stock =100, Reorder point= 700 units
Explanation:
Reorder Point (ROP), also called reorder level, is the point of inventoryset by a busness in which it replenishes its stock of items.
given:
Average demand= 200
lead time = 3
when safety stock =1
Reorder point= (Average demand X Delivery lead time ) + Safety stock
= (200 x 3 ) +1 = 601 units
when safety stock = 100
Reorder point= (Average demand X Delivery lead time ) + Safety stock
= (200 x 3 ) +100 = 700 units
Answer: $36,000
Explanation:
First calculate the Equivalent Units of Production;
= 21,000 + (3,000 * 40%)
= 21,000 + 1,200
= 22,200 units
Then find the cost of each units.
= Total production cost/ Equivalent units of production
= 666,000/22,200
= $30 per unit
Then the cost of ending Goods in Process Inventory is:
= Equivalent ending process inventory units * cost per unit
= 1,200 * 30
= $36,000
