Answer:
Best reorder size = 216
Reorder point = 35
Explanation:
Required:
Using the above information, find the best order size and the reorder point.
To find the best order size, EOQ, use the formula:
Best reorder size is 216 mufflers
To find the reorder point, use the formula:
R = d' L + z 
Where d' = average daily demand
L = lead time in days
z = number of standard deviation from a specified probability
= standard deviation of usage in lead time
Daily demand, d'= 
12 mufflers
Since lead time is 2 working days, standard deviation of lead time 
Therefore,
R = d' L + z
= (12 * 2) + (1.28 * 8.48)
= 24 + 10.9
= 34.9
Approximately 35
Reorder point is = 35 mufflers
Answer:
predetermined manufacturing overhead rate $1.23
Explanation:
We will distribute the expected overhead cost along a cost driver.
In this case we are asked to use direct labor cost:
estimated overhead 270,300
estimated labor 219,800
overhead rate = 270,300 / 219,800 = 1,229754 = 1.23
Fixed costs = $3,000,000
Variable costs = 40% of Sales
Sales - x
Net income = $300,000
3,000,000 + 0.4 x + 300,000 = x
3,300,000 = x - 0.4 x
0.6 x = 3,300,000
x = 3,300,000 : 0.6
x = 5,500,000
We can prove it:
3,000,000 ( FC )+ 2,200,000 ( VC ) + 300,000 = 5,500,000
Answer:
The required sales for Montoya manufacturing: $ 5,500,000.
Answer:
Public relations
Explanation:
Public relations refers to how a company builds its relationship with the community and its consumers.
What Magnificent Manufacturing's employees are doing is a very nice action, but it is done to grab the attention of the press and get "good press" for the company. This way the community will have a positive view about the company.
The correct answer is Federal Funds Rate
<h3>
What Is a Bank Rate?</h3>
The interest rate at which a country's central bank lends money to domestic banks, frequently in the form of extremely short-term loans, is known as the "bank rate." A technique by which central banks influence economic activity is through the management of the bank rate. By reducing the cost of borrowing money, lower bank rates can encourage economic growth, and higher bank rates can restrain it when inflation is out of control.
In the US, the bank rate is also referred to as the discount rate. The Board of Governors of the Federal Reserve System determines the discount rate and the minimum reserves needed by banks in the United States.
learn more about Bank Rate refer:
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