Answer:
Please see attachment and assumptions
Explanation:
<h2>Please note that the assumption is that the full question is as follows .</h2><h2>You are making the inventory decisions for an international company that sells bathing suits. The product has a forecasted daily demand with mean 100 and standard deviation 36. The selling season only lasts 6 months since bathing suits are a seasonal item. You are procuring the product from your factory in China (out-sourcing) and as a result the lead time is so long (6 months) that you can only place only one order per selling season (6 months before the season begins). You want to ensure a service level of 97.5% and the cost of capital of the firm is 20% (that is, the firm faces an annual interest rate of 20%). Shipping cost is $4,500 while procurement cost (purchase cost) per item is $5.</h2><h2>1.How many bathing suits should you order from your factory in China?
</h2><h2>2.What is the total holding cost?
</h2><h2>3.What is the total ordering cost?</h2>
Answer:
The correct answer is 3,175,300.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the number of shares by using following formula:
Number of shares = [ Outstanding + ( Additional share × Months) + ( Additional share × Months)] × 1+Dividend
By putting the value, we get
= [2,600,000 + (280,000 × 6/12) + (280,000 × 3/12)] × 1.13
= [ 2,600,000 + 140,000 + 70,000 ] × 1.13
= 3,175,300
The journal entries are made as follows and t-accounts and Trial balance is made.
<h3 /><h3>What is Accounting?</h3>
Accounting is the calculation of debit and credit, this includes the finance calculations of a business. Accounting have five major accounts known as Capital, Income, expense, Liabilities and Assets.
A. DR Cash 14100
DR Furniture 5200
CR Capital 19300
B. DR Rent expense 1500
CR Cash 1500
C. DR Office Supplies 900
CR Accounts Payable 900
D. DR Salary Expense 1700
CR Cash 1700
E. DR Accounts Payable 700
CR Cash 700
F. DR Accrued Income 5900
CR Services 5900
G. DR Capital 6700
CR Cash 6700
T accounts are made by the name of a certain account and debiting or crediting the effecting account.
Trial Balance
Cash 4200
Furniture 5200
Capital 12600
Rent expense 1500
office supplies 900
Salary expense 1700
Accounts payable 200
Services (COGS) 5900
Accrued Income 5900
Learn more about Journals at brainly.com/question/26998490
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