Answer:
The correct answer is "$136.44"
Explanation:
According to the question,
Total units will be:
= 
= 
Average cost will be:
= ![\frac{[(10\times 12)+(15\times 14)]}{29}](https://tex.z-dn.net/?f=%5Cfrac%7B%5B%2810%5Ctimes%2012%29%2B%2815%5Ctimes%2014%29%5D%7D%7B29%7D)
= 
= 
= 
($)
hence,
The cost of sale will be:
= 
= 
= 
($)
Answer:
C) a stockout can occur during the review period as well as during the lead time.
Explanation:
In a fixed-period inventory system replenishment orders are sent periodically or after a fixed time interval.
This type of inventory system is not very used anymore as more modern inventory systems are used now, like perpetual inventory system or just in time inventory management. It's not cost efficient.
Answer: 3.8%
Explanation:
To calculate this you can use the Economic Growth Formula because price change is one of the components of the equation and as you may know, inflation is the change in Prices from one period to the next.
The Equation is,
Economic Growth = % Δ Nominal GDP – % Δ Prices – % Δ Population.
Making % Δ Prices the subject gives,
% Δ Prices = - Economic growth + % Δ Nominal GDP - % Δ Population
= - (- 1.4%) + 3.1% - 0.7%
= 1.4% + 3.1% - 0.7%
= 3.8%
The inflation rate is therefore 3.8%
The highest daily fee to eliminate collection float is $551 (approx). According to the given information, the highest daily fee that should be paid to eliminate the collection float is $550.82 which is approx $551.
<h3>What is a Collection Float?</h3>
Collection Float refers to an asset that is currently in a state of transition. It is used in two contexts:
- Concerning the Bank Deposits
Given,
Average Daily Receipt = $26,482
Average clearing days = 1.3 days
Daily Interest Rate = 0.016%
Required to Calculate = Highest daily fee to eliminate collection float
Calculation,
Highest daily fee collection float = Average daily receipt x Average clearing days x daily interest rate.
= $26,482 x 1.3 x 0.016%
Highest daily fee to eliminate collection float = $550.8 which is $551 (approx).
Thus, According to the given information, the highest daily fee that should be paid to eliminate the collection float is $550.82 which is approx $551.
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Most fluorescent lamps with energy savings ballasts, compact fluorescent lamps (cfls), leds, and halogen lamps meet high-efficacy requirements, but conventional incandescent lamps do not.
An electric light with a wire filament that has been heated until it glows is called an incandescent light bulb. To prevent oxidation, the filament is encased in a glass bulb with a vacuum or inert gas. Light is produced by incandescent bulbs by heating a metallic filament. Light is produced via gas discharge, or exciting the gas, in fluorescent lamps. More electricity is used by incandescent bulbs. For the same rating, fluorescent bulbs use less electricity.
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