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3 years ago

In the single-period inventory model, the overage cost is

Business

1 answer:

Nataly [62]3 years ago

8 0

Answer: Option (C)

Explanation:

Under single-period inventory model,

Overage cost = Cost/unit - Salvage value/unit

Single-period inventory model is referred to as or known as a business situation faced by the organization that tends to order seasonal items. There tends to be the costs which occur to both ordering too little or too much, and thus organization's managers tries to get its order correct for the first time in order to minimize chances of loss.

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A vendor sells hot dogs at $17.00 /piece. For every hot dog he spends $11.23 in the raw material. Additionally he spends $0.90 f

Gemiola [76]

Answer: $4.87

Explanation:

The question is asking for the Contribution margin which is the amount left of the selling price after the variable costs have been deducted.

Contribution margin = Selling price - variable costs

= Selling price - Raw materials - packing costs

= 17 - 11.23 - 0.90

= $4.87

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3 years ago

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3 years ago

Calculating Net Cash Flow from Operating Activities (Indirect Method) Lincoln Company owns no plant assets and reported the foll

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Answer:

(a) Net Cash flow from operating activities = 115,000

(b) Net Cash flow from operating activities (NCOA) to current liabilities (CL) :

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Explanation:

Income Statement

Sales 750,000

Cost of Goods sold (470,000)

Gross profit 280,000

Wages expenses (110,000)

Rent expenses (42,000)

Insurance expenses (15,000)

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Cash flow Statement

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Increase in Receivables (54,000-49,000) (5,000)

Decrease in Inventories (66,000-60,000) 6,000

Increase in prepaid Insurance (8000-7000) (1000)

Increase in Accounts Payable (22000-18000) 4000

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3 years ago

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jeyben [28]

Answer:D) leakages equal injections

Explanation:

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2 years ago

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kogti [31]

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1 year ago

In the​ single-period inventory​ model, the overage cost is

In the single-period inventory model, the overage cost is