The answer would be C.
savings accounts typically have lower earning potentials than investments do.
Answer: $55,000
Explanation:
Material costs are $10 per unit and have been completed in regards to the 2,500 units.
Material cost = 10 * 2,500
= $25,000
Conversion costs are $30 per unit and have only been 40% completed.
= (40% * 2,500) * 30
= 1,000 * 30
= $30,000
Ending Work in Progress Inventory Cost = Material Cost + Conversion Cost
= 25,000 + 30,000
= $55,000
Answer:
A) 100
Explanation:
total sales 3,600 units
cost per unit $200
cost of placing order $40
holding cost $20 per year
working days 360 per year
lead time 5 days
If Mark orders 200 units each time, his average inventory ?
daily sales = total sales / working days = 3,600 / 360 = 10 units per day
number of orders per year = 3,600 / 200 = 18
Mark places one order every = 360 days / 18 orders = 20 days
average inventory = (200 units / 20 days) x 10 days = 100
I assume that mark has some type of safety stock that allows him to hold enough inventory to cover for the 5 day lead time.
Answer:C
Explanation:it has become an inferior good because people buy more of it when the have lower income.
