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nirvana33 [79]
3 years ago
12

A publishing company sells 1,250,000 copies of certain books each year. It costs the company $1 to store each book for a year. E

ach time it must print additional​ copies, it costs the company $250 to set up the presses. How many books should the company produce during each printing in order to minimize its total storage and setup​ costs
Business
1 answer:
Basile [38]3 years ago
8 0

Answer:

The Company should produce 25,000 books

Explanation:

The production size that minimizes total storage and setup costs is known as the optimum batch size.

Optimum batch size = √(2 × Annual Production Demand × Set up Cost) / Storage Cost per unit

                                  = √ (2 × 1,250,000 × $250) / $1

                                  = 25,000 books

Conclusion :

The Company should produce 25,000 books during each printing in order to minimize its total storage and setup​ costs.

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You are deciding between two recurring projects. Project A requires $100,000 initial investment and runs for 5 years. Project B
Liula [17]

Answer:

C

Explanation:

Equivalent Annual Annuity is used to compare projects with unequal lifespans

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

Discounted payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative discounted cash flows

profitability index = 1 + (NPV / Initial investment)

4 0
2 years ago
Managers are important members of the organization. Within an organization, there are managers at four levels: top, middle, firs
Zolol [24]

Answer:

1. Pat is Middle Level.

Pat is trying to implement the strategic goals of the company which are set by Top Management. That would make Pat a Middle level manager.

2. Rick is Top Level.

Rick is developing the policies for the entire company which would place Rick at Top Manager level.

3. Daisy is a First-line Manager

Daisy is responsible for the loading products such that it is done effectively. This is an operational duty which would place Daisy at First-line level.

4. Ruth is a First-Line Manager

Ruth directs art staff who are non-managers which would make Ruth a first-line manager

5. Gary is Top Level

By developing projections on long term growth, that means Gary contributes to strategic decisions thereby making Gary top level.

6. Greg is Middle Level

Greg is in charge of first line managers which places him directly on top of them which means he is a middle level manager.

7. Mike is a Team Leader

Mike is in charge of the team which is the textbook role of a team leader.

8. Nancy is a Team leader

The members of the team go to Nancy when they need to resolve conflict or when they want to coordinate their activities. As the team leader is in charge of team coordination, Nancy must therefore be a team leader.

5 0
3 years ago
g Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2020, in the Packaging Depa
wel

Answer:

Explanation:

Given that :

Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2020, in the Packaging Department. On this basis, the following budgeted manufacturing overhead cost data are computed for the year.

Fixed Overhead Costs                        Variable Overhead Costs

Supervision              $94,440            Indirect labor              $174,570          

Depreciation             73,320              Indirect materials          75,900

Insurance                   25,560            Repairs                            53,130

Rent                            21,120              Utilities                            94,875

Property taxes            20,880           Lubricants                       37,950

                               $235,320                                                 $436,425

It is estimated that direct labor hours worked each month will range from 24,900 to 36,900 hours.

During October, 24,900 direct labor hours were worked and the following overhead costs were incurred.

Fixed overhead costs: Supervision $7,870, Depreciation $6,110, Insurance $2,095, Rent $1,760, and Property taxes $1,740.

Variable overhead costs: Indirect labor $12,544, Indirect materials, $4,500, Repairs $3,406, Utilities $6,545, and Lubricants $2,740.

The objective is to prepare a monthly manufacturing overhead flexible budget for each increment of 4,000 direct labor hours over the relevant range for the year ending December 31, 2020. (List variable costs before fixed costs.)

The monthly manufacturing overhead flexible budget can be computed as

follows:

                                       Bumblebee Company

                                      Packaging Department

                     Monthly manufacturing overhead  Flexible

                     Budget For the year  ended December 31,2017

Particulars                           Operating Capacity(Direct Labor Hours)

                                          24900            28900        32900       36900

Variable Factory -

Overhead Costs :

Indirect labor                      11454              13294          15134          16974

Indirect materials                4980              5780          6580           7380

Repairs                                3486              4046          4606           5166

Utilities                                6225               7225          8225          9225

Lubricants                           2490               2890          3290          3690

<u>Total Variable Factory-                                                                                 </u>

<u>Overhead Cost                28635               33235        37835       42435  </u>

Fixed Factory -

Overhead Cost :

Supervision                      7870              7870             7870         7870

Depreciation                     6110               6110              6110          6110

Insurance                          2130              2130              2130         2130

Rent                                   1760              1760              1760         1760

Property Taxes                 1740              1740              1740          1740

<u>Total Fixed Factory -                                                                                </u>

<u>Overhead Cost:              19610           19610             19610       19610  </u>

<u>Total Factory -                                                                                           </u>

<u>Overhead Cost (A+B)    48245           52845           57445     62045  </u>

8 0
3 years ago
1. What is capital ?
Vlad1618 [11]
Capital is a different way to call Money
6 0
3 years ago
Fin has been a new manager for a couple of weeks. over time, he realizes his team likes to socialize during meetings, which tend
iragen [17]

Answer:

create a relevant agenda for every meeting and stay on point by re-directing non-work related topics back to agenda items.

Explanation:

Fin is the manager, he might be new at the job but it is his responsibility to direct and control his subordinates. Managing isn't easy and maybe some of his staff will not like him directing and controlling what is said during the meetings, but it is his job. If he is not fit to do it, then he should have chosen another job or another career.

Every career and job has its own level of difficulty and things getting tough or difficult is no excuse. Just like a firefighter rushes into a burning house because it is his/her job, controlling the meeting is Fin's job.

7 0
3 years ago
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