Answer:
Explanation:
D = 60 bags
cost = 80 / bag
s = 20 / order
h = 40% of cost
0.4 * 80 / 100
h= 32 unit/year
D = d * 12 months
D = 60 * 12
D = 720 bags / year
EOQ = 
EOQ = 
EOQ = 30 bags
Total cost = Total holding cost + total ordering cost
Total holding cost = (Q/2 * H) = (30/2 * 32) = 480
Total ordering cost = (D/Q * 20) = (720/30 *20) = 480
Total cost = 480 + 480 = 960
Total purchasing cost = cost * D = 80 * 720 = 57.600
Percentage= total cost / total purchasing cost * 100
960 / 57.600 * 100
1.67 %
Answer:
D. tradable permits
Explanation:
Tradable permits also known as emissions allowance is an attempt at regulating pollution through the market system. tradeable permit gives right to the bearer of such permit to emit pollution up to a limited amount and if such permit is partially used or for one reason or the other, it is unused, it can be traded or negotiated to a willing buyer.
<u>Calculation of cost of goods sold under a periodic system:</u>
It is given that the beginning inventory is $100,000, cost of goods purchased is $500,000, and ending inventory is $130,000. The cost of goods sold can be calculated as follows:
Cost of Goods Sold = Beginning inventory + Cost of goods purchased- Ending inventory
= 100,000 + 500,000 – 130,000
= $470,000
Hence, the cost of goods sold is<u> $470,000</u>
Answer:
Helmet = $2,320
Bats = $2,640
Shoes = $5,346
Uniforms = $2,552
Explanation:
The accounting standard accounting for inventories (IAS 2) states that inventory should be initially recognized at cost. Subsequently, Inventory is to be carried at the lower of cost or net realizable value.
The net realizable value is sometimes estimated as the market value.
For Helmets
Cost = $62 Market value = $58
Lower value = $58
Number of units = 40
Ending inventory value = $58 × 40 = $2,320
For Bats
Cost = $80 Market value = $112
lower value = $80
Number of units = 33
Ending inventory value = $80 × 33 = $2,640
For Shoes
Cost = $99 Market value = $103
Lower value = $99
Number of units = 54
Ending inventory value = $99 × 54 = $5,346
For Uniforms
Cost = $44 Market value = $44
Lower value = $44
Number of units = 58
Ending inventory value = $44 × 58 = $2,552
Answer:
$1,022.37
Explanation:
We need to sovle for the quota which genereated a futute value of 7,500 dollars after 6 years assuming a constant 8% interest rate.
FV $7,500.00
time 6 years
rate 0.08
<em>C $ 1,022.365 </em>
