Answer:
a. An additional layer of $12,760 is added to the 12/31/2021 balance.
Explanation:
The computation of the inventory balance is given below:
2021 Base year cost is
= $131,040 ÷ 1.05
= $124,800
Additional layer is
= $124,800 - $101,600
= $23,200
2022 Base year cost is
= $150,040 ÷ 1.10
= $136,400
Additional layer is
= ($136,400 - $124,800 ) × 1.10
= $11,600 1.10
= $12,760
Therefore the first option is correct
Answer:
240 units
Explanation:
We can find Optimal order quantity easily by Optimal order quantity formula using the fixed order quantity formula
Formula:: Optimal order quantity = ![\sqrt[2]{\frac{2CoD}{Ch} }](https://tex.z-dn.net/?f=%5Csqrt%5B2%5D%7B%5Cfrac%7B2CoD%7D%7BCh%7D%20%7D)
Where
Co = Ordering cost per order
D = Annual demand
Ch = Holding cost per unit
Calculations
Lets put in the values
Optimal order quantity =
Optimal order quantity = ![\sqrt[2]{\frac{2*6*12000}{2.5} }](https://tex.z-dn.net/?f=%5Csqrt%5B2%5D%7B%5Cfrac%7B2%2A6%2A12000%7D%7B2.5%7D%20%7D)
Optimal order quantity = 240 units
Note: There must have been a mistake in question options the answer is 240 and closest to 240 is option B
Answer:
Consumer Surplus = $1.50
Explanation:
Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.
Therefore,
Consumer surplus = Amount consumer is willing to pay less amount paid
Given that
Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three
Price of 3 sandwich = 3 × 4 = 12
Consumer surplus = 13.50 - 12
= $1.50
Answer:
Participative Leadership style.
Explanation:
Participative leadership, also known as democratic leadership, is one in which the leader has the central focus of employee engagement and participation in important company decisions. In this style of leadership, the manager has a crucial role of being the main motivator and advisor of the team, being solicitous to guide, coordinate and assist his subordinates in all their work demands, so that the goals and organizational goals are achieved.
This style of participatory leadership would be more appropriate for this scenario as there are deadlines for completing tasks, which requires a motivated and productive team, which is essential in participatory leadership.
The motivation of employees is achieved due to clear and guiding communication from the leader, which creates the perception of inclusion and appreciation of the employee, who feels an essential and important part of the organization.
<span>The apothecary system</span><span> is a historical system of </span>mass<span> and </span>volume<span> units that were used by </span>physicians <span>and </span>apothecaries for medical recipes.<span>The </span>avoirdupois system<span> is a measurement system of weights which uses pounds and ounces as units.</span>
<span>The grain is the only unit of measure that is shared between the apothecary system and avoirdupois system.
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