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
RSB [31]
2 years ago
9

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

Business
2 answers:
Irina18 [472]2 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]2 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.

You might be interested in
Suppose the government wants to help the coffee industry, where many producers earn relatively little. It is considering two pos
postnew [5]

Answer:

i think your answer is A

4 0
2 years ago
Baxter desires to purchase an annuity on January 1, 2014, that yields him five annual cash flows of $10,000 each, with the first
EleoNora [17]

Answer:

$313,288.16

Explanation:

Present value is the sum of discounted cash flows

present value can be calculated using a financial calculator

Cash flow in year 1 and 2 = 0

Cash flow in year 3 to 7 = $10,000

I = 10%

Present value = $313,288.16

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

8 0
3 years ago
Manuela is known throughout her company for fostering collaboration and communication. She is extremely hands-on with her team.
galina1969 [7]

She is an example of an <u>"interactive" </u>leader.


Interactive leadership focuses on making the association's welfare the main need by developing every single representative to help its bearing and endeavors. Strong pioneers persistently stress the way that if the association wins, everybody wins. Each worker movement that helps and advances this conviction must be sustained and supported.

3 0
2 years ago
On January 1, 20X4, Polar Corp. paid $104,000 for $100,000 par value, 9% bonds of Seal Corp. Seal had issued $300,000 of the 10-
Eddi Din [679]

Answer:

$14,000

Explanation:

Amount of interest expense = [(Bond issued by 'S' company x 9%) - Amount of    

                                                   premium x (unsold bonds / Bonds issued)]

                                           =  (300,000 x 0.09) - 60000/10 x 200,000/300,000

                                          =  (27,000 - 6000) x 0.66667

                                          =  21,000 x 0.66667

                                          = $14,000

                                         

 

7 0
3 years ago
Select the correct answer.
amid [387]

Answer:

A is the answer

Explanation:

3 0
2 years ago
Other questions:
  • Cindy prefers to shop at Target for most of her household needs even though the same products and brands are available at Kmart.
    14·1 answer
  • Banks Company sold merchandise on account for $35,000 with terms 2/10, n/30. The cost of goods sold was $27,600. If the invoice
    13·1 answer
  • Moon flower cosmetics company executives are aware that their asian customer base is interested in advanced skin care treatments
    11·1 answer
  • Which of the following is the best reason for including a photograph in a formal business document?
    5·2 answers
  • Moss Corp. owns 20°/o of Dubro Corp.'s preferred stock and 40o/o of its common stock. Dubro's stockoutstanding at December 31, Y
    10·1 answer
  • Henry, who is not a dependent, states he wishes to claim EITC this year for his 35-year-old dependent child. Both reside in the
    13·1 answer
  • The valuation of a financial asset is based on the concept of determining the present value of future cash flows that this finan
    14·1 answer
  • Calculating Residual Income East Mullett Manufacturing earned operating income last year as shown in the following income statem
    13·1 answer
  • Creative Sound Systems sold investments, land, and its own common stock for $32.0 million, $15.2 million, and $40.4 million, res
    9·1 answer
  • Governor of central bank of Nigeria​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!