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
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.

You might be interested in
A popular television show, the unexpected, achieved skyrocketing ratings after moralist tom bowman attempted to have it removed
Zinaida [17]
This is an example of mass selling through publicity.
The show may not have been that much popular before Tom Bowman wanted it gone, however, after he asked for its removal from the air, people were interested to see why that is so, which is why it gained many new followers instead of losing its old ones.
6 0
3 years ago
Crador Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion co
klasskru [66]

Answer: 62.5%

Explanation:

Equivalent units = Units completed and transferred out + percentage completed of ending inventory

14,800 = (1,100 + 14,000 - 800) + Percentage

14,800 = 14,300 + Percentage amount completed

Percentage amount completed = 14,800 - 14,300

Percentage amount completed = 500 units

Percentage = Ending equivalent units / ending inventory

= (500/800) * 100

= 62.5%

8 0
2 years ago
When making financial decisions, it is important that you critically evaluate the source.
svetoff [14.1K]
Hello,

Here is your answer:

The proper answer is option A "true". It is extremely important to find the source of the information because the source could not be verified (which means its giving false information).

Your answer is A.

If you need anymore help feel free to ask me!

Hope this helps!
7 0
2 years ago
Read 2 more answers
We say that the economy as a whole is in macroeconomic equilibrium if:
Serga [27]

For the economy as a​ whole, macroeconomic equilibrium if the total​ spending, or aggregate​ expenditure, equals total​ production, or​ GDP: Aggregate Expenditure​ = GDP.

Macroeconomic equilibrium happens when the quantity of real GDP demanded equals the amount of actual GDP provided at the point of intersection of the ad curve and the AS curve. If the amount of actual GDP provided exceeds the amount demanded, inventories pile up in order that corporations will reduce production and expenses.

Macroeconomic equilibrium is a situation within the economy in which the amount of combination called for equals the quantity of aggregate supply. If there are changes in both aggregate call for or mixture deliver, you can additionally see a trade-in rate, unemployment, and inflation.

The amount of output furnished may be extra than the mixture demand. charges will begin to fall to dispose of the surplus output. As fees fall, the amount of combination demand will increase and the economy returns to equilibrium.

Learn more about macroeconomic equilibrium here: brainly.com/question/1971734

#SPJ4

5 0
2 years ago
A convenience store owner is contemplating putting a large neon sign over his store. It would cost​ $50,000, but is expected to
Radda [10]

Answer:  <em>No, since the value of the cash flows over the first two years are less than the initial investment</em>

Explanation:

value of cash flows for the first two years = $48,000 (24,000x2)

Initial Investment = $50000

Because the additional $48,000 profit during the two year payback is not grater than the $50,000 purchase, they should not put the large neon sign up.

4 0
3 years ago
Other questions:
  • Break-even analysis for a service company involves identifying the correct measure of a.direct labor for the unit of analysis. b
    9·1 answer
  • On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the comp
    7·1 answer
  • The United States ran large trade deficits during the 1980s and 1990s. How would you determine whether these trade deficits led
    8·1 answer
  • Kate is the sales representative for a major textbook publisher. When she calls on the business faculty at General University, s
    13·1 answer
  • Hardware failure is the least likely of threats to one's data. <br><br> a. True <br><br> b. False
    7·1 answer
  • The United States Postal Service (USPS) is in which type of market structure?
    6·1 answer
  • Bill is the treasurer for a fast-growing organization whose budget has recently been growing at a rate of 10% per year. The budg
    8·1 answer
  • On June 1, 2018, Crane Company and Cheyenne Company merged to form Ayayai Inc. A total of 876,000 shares were issued to complete
    11·1 answer
  • Journalize the following transactions, using the allowance method of accounting for uncollectible receivables
    10·1 answer
  • Williams Company purchased a machine costing $25,000 and is depreciating over a 10-year estimated useful life with a residual va
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!