Answer:
The answer is letter B
Explanation:
Relationships involving income statement accounts tend to be more predictable than relationships involving only balance sheet accounts.
Because analytical procedures are evaluations of financial information made by study of plausible relationships among financial and nonfinancial data using models that range from simple to complex. The reason is that income statement amount is based on transactions over a period of time, but balance sheet amounts are for a moment in time. Moreover, amounts subject to management discretion tend to be less predictable.
There is not a lot of information to go off of, but, I believe the answer to your question is;
This firm will earn a normal profit if product price is greater than the costs associated with producing and marketing the product.
Answer:
The right solution is:
(a) 4,272 units
(b) $134.16
(c) $134.17
(d) $12,268.33
Explanation:
Seems that the given question is incomplete. The attachment of the complete question is provided below.
According to the question, the values are:
Annual demand,
D = 12,000
Number of days,
= 300
Daily demand,
d = 
= 40
Production rate,
P = 100
Ordering cost,
S = $50
Holding cost,
H = $0.10
(a)
The production run's optimal size will be:
Q = 
By putting the values, we get
= 
= 
= 
or,
= 
(b)
The average holding cost will be:
= ![\frac{Q}{2}\times H\times [1-\frac{d}{P} ]](https://tex.z-dn.net/?f=%5Cfrac%7BQ%7D%7B2%7D%5Ctimes%20H%5Ctimes%20%5B1-%5Cfrac%7Bd%7D%7BP%7D%20%5D)
=
=
($)
(c)
The average setup cost will be:
= 
= 
=
($)
(d)
The total cost per year will be:
= 
= 
=
($)
The information requested on the form is <u>relevant information</u> needed to make an accurate car insurance quote such as age, driving history, and vehicle information.