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svp [43]
3 years ago
7

. For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual in

ventory (carrying and setup) cost is $600. What is the inventory carrying cost per unit per year for this item? A. $2.00 B. $3.00 C. $4.00 D. $6.00 E. $8.00
Business
1 answer:
Zielflug [23.3K]3 years ago
4 0

Answer:

Inventory cost will be $3

So option (b) is correct option

Explanation:

We have given that carrying and setup cost is $600

So carrying and setup cost = $600

And EOQ = 200 units

We have to find the inventory carrying cost per year

We know that inventory carrying cost is given by

inventory carrying cost =\frac{carrying\ and\ setup\ cost}{EOQ}=\frac{600}{200}=$3

So option (b) will be correct option

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Savvy sightseeing had beginning equity of $90,000; revenues of $144,000, expenses of $83,000, and dividends to stockholders of $
Law Incorporation [45]

$140,200

90,000      Begining equity

+144,000   Plus revenues

=234,000  New total

-83,000     Minus expenses

-10,800      Minus Dividends to stockholders

= 140,200  Equals Ending equity

7 0
3 years ago
A formal agreement between separately owned and controlled facilities to officially coordinate and share certain activities is m
notka56 [123]

Answer:

An affiliation

Explanation:

An affliation in management refered to act of associating, this could be a former agreement on a particular projects, whereby there is agreement between the partners to carry out a certain activities and how it's officially coordinated. It usually employed among organizations.

Therefore, from the question Formal agreement between separately owned and controlled facilities to officially coordinate is known as an affiliation

3 0
3 years ago
Accountants include ________ costs as part of a firm's costs, while economists include ________ costs. Group of answer choices i
Goshia [24]

Answer:

Explicit, explicit and implicit

Explanation:

The accounting cost is the cost that generally includes the payment related to the wages, rent, price of the products etc

While on the other hand, the economic cost is the cost that involves both type of cost i.e. explicit and implicit. The implicit cost is generally the opportunity cost

This is the answer but the same is not provided in the given options

8 0
3 years ago
You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu. If you
Tasya [4]

Answer:A

Explanation:

A soft drink will definitely be a poor comparison menu because it initially started the experiment with a bacon cheeseburger. From the experiment, it doesn't correlate with the representativeness.

5 0
4 years ago
Read 2 more answers
Joan sells new cars at a local dealership. she receives a 25% commission on the profit each car is sold for. last month she sold
Usimov [2.4K]
Okay. So Joan receives 25% commission on the profits of the cars she sells. She got $8,870 on the profit last month. To find the commission, let’s multiply the amount of profit by the percentage. 8,870 * 0.25 is 2,217.5. There. Joan earned $2,217.50 in commission last month.
6 0
3 years ago
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