Answer:
Reorder point is 40
Explanation:
Reorder point is the level of inventory which trigger the purchase of new inventory.
The formula for Reorder point is
Annual demand * Leadtime + Safety Stock
Reorder Point = 1040 / 365 * 14 days + 0
= 40.
The lost sales cost is $50 in goodwill, Furnco should keep a safety stock of at least 30 chairs in order to meet demand level.
Answer:
1. $34 million
2. $0
Explanation:
Given that,
Fair value of Centerpoint Inc = $256 million
Book value of Centerpoint's net assets (excluding goodwill) = $228 million
Book value of Centerpoint's net assets (including goodwill) = 290 million
1. Actual Value of Goodwill:
= Fair Value of Centrepoint Inc. - Book Value of Net assets (excluding goodwill)
= $256 million - 228 million
= $28 million
Loss on Impairment of Goodwill:
= Goodwill recorded - Actual value of goodwill
= $62 million - $28 million
= $34 million
2. In this case Fair value of ($318 million) is more than Book value ($290 million) then there will be no Impairment Loss.
It means that the loss on Impairment of Goodwill = $0.
Rehearsal.
Behavior rehearsal is a technique where thoughts, actions, or words are practiced before needing to put them into practice.
Answer: $2
Explanation:
From the question, we are informed that an investor purchases a stock for $38 and a put for $.50 with a strike price of $35 and that the investor sells a call for $.50 with a strike price of $40.
The maximum profit for this position will be the purchase price of the stock deducted from the strike price of call option. This will be:
= $40 - $38
= $2
Answer:
Allocated costs Loin Chop= $5,590
Explanation:
Giving the following information:
Product - Pounds - Price/lb.
Loin chops 3,000lb $ 5.00/lb
Ground 10,000lb $2.00/lb
Ribs 4,000lb $4.75/lb
Bacon 6,000lb $3.50/lb
The total joint cost for the current period was $43,000
First, we need to calculate the weighted average lb participation of Loin Chops:
Total lb= 23,000
Weighted average lb= 3,000/23,000= 0.13
Now, we can allocate the joint costs:
Loin Chop= $43,000*0.13= $5,590