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3 years ago

Ordering cost only consists of the shipping cost from supplier to customer. True or False

Business

2 answers:

Irina18 [472]3 years ago

8 0

Answer: false

Explanation:

Ordering cost entails;

•Preparation of supplier's order

•Cost of placing the order is involved

•Documentation cost

•Inspection cost

Ordering cost handles expenses when purchasing an order, what is required to check the availability of the product ordered, and all other cost it would require when coordinating cost for a particular item requested from or by a customer.

Dennis_Churaev [7]3 years ago

3 0

Answer:

False

Explanation:

Ordering costs are the costs incurred when materials are requested for. These components of this cost are:- 1)Clerical and administrative costs involved in purchasing and accounting for the goods ordered.

2)Cost of transportation

3)Retooling cost: This happens when the product is manufactured internally. Retooling means change of working tools.

4)Insurance while in transit.

5)Drivers' salaries and allowances

6)Loss of materials while in transit.

7)Taxes, custom duties and import duties.

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At the beginning of November, Watson Industries has a cash balance of $3,461,000. They have expected cash receipts of $712,000 a

Ahat [919]

Answer:

$224,000

Explanation:

The computation of the borrowed cash amount is shown below:

= Cash balance + expected cash receipts - expected cash disbursements - minimum monthly balance

= $3,461,000 + $712,000 - $1,397,000 - $3,000,000

= $224,000

Simply we add the expected cash receipts and less the expected cash disbursements and minimum monthly balance to the cash balance so that accurate value can come.

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3 years ago

Once the production is in performance mode, who is the most important person in the show? the protagonist the director the stage

Darya [45]

Once the production is in performance mode, the most important person in the show is the stage manager.
The stage manager organizes and coordinates the theatrical production. He/she schedules and runs rehearsals and organizes the production and coordinates the communications between various personnel.

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3 years ago

The concept of opportunity cost would no longer be relevant if.

Anastaziya [24]

Answers
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Explanation

5 0

2 years ago

Read 2 more answers

Naomi is sixteen and she would like to open a savings account. Select each of the steps she will need to take.

shtirl [24]

I think its all the above except for they might be trying to trick you because at sixteen a guardian or parent has to sign aswell.

6 0

3 years ago

2. Prepare a direct materials purchases budget for chemicals for the months of January and February. Do not include a multiplica

Tpy6a [65]

Answer:

Purchases Budget for January 238,590 units

Purchases Budget for February 233,131 units

Dollar Purchases Budget for January $ 477,180

Dollar Purchases Budget for February $ 466,264

Explanation:

Patrick Inc.

Direct Materials Purchases Budget -

January February

Production in units 43,800 41,000

Gallons per unit 5.5 5.5

Gallons for production 240,900 225,500

Desired ending inventory 33,825 41,456

Needed 274,725 266,956

Less: Beginning inventory 36,135 33,825

Purchases 238,590 233,131

Price per gallon $ 2.00 $ 2.00

Dollar purchases $ 477,180 $ 466,264

Direct Materials Purchases budget is calculated by calculating the gallons per unit which is added to desired ending inventory and beginning inventory is deducted. The purchases units are multiplied with price per unit.

4 0

3 years ago