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shusha [124]
3 years ago
15

Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost $8.00, annual demand of 4

0000, and ordering cost of $48.
Business
1 answer:
torisob [31]3 years ago
7 0

Answer:

Total cost = Total ordering cost + Total holding cost

Total cost = DCo     + QH

                     Q              2

Where

D = Annual demand

Co = Ordering cost per order

Q = EOQ

H = Holding cost per item per annum

D = 40,000 units

Co = $48

H = 18% x $8.00 = $1.44

EOQ = √2DCo

                H

EOQ = √2 x 40,000 x $48

                     $1.44

EOQ = 1,633 units

Explanation:

EOQ equals 2 multiplied by annual demand and ordering cost divided by holding cost per item per annum. The holding cost per item per annum is calculated as holding cost rate multiplied by unit cost.

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hjlf

Answer:

credited; right; debited; left

Explanation:

The journal entry to record this transaction is shown below:

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     To Service revenue A/c $1,900

(Being the cash is collected)

It to be displayed in T accounts

For cash account

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Debit side

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For service revenue account

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So, the cash account would be debited and would be displayed on the left hand side while the service revenue would be credited and  would be displayed on the right hand side

8 0
2 years ago
How are passwords stored on your personal computer?
enyata [817]
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BabaBlast [244]

Answer:

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Answer:

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Explanation:

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