Answer:
30%
Explanation:
Material purchasing, handling and storage cost = $ 41,800
Material purchasing percentage:
= Material purchasing, handling and storage cost ÷ Annual materials purchases
= ($41,800 ÷ $836,000
) × 100
= 5%
Target profit margin for both labor and materials = 25%
Material markup per dollar of material:
= Material purchasing percentage + Target profit margin
= 5% + 25%
= 30%
Answer:
Price fixing
Explanation:
Any understanding between business contenders or between producers, wholesalers, and retailers to raise, fix, or in any case look after costs. Many, however not all, value fixing understandings are illicit under antitrust or rivalry law.
Unlawful activities might be indicted by government criminal or common authorization authorities or by private gatherings who have endured financial harms because of the lead.
Answer:
The appropriate solution is:
(a) 2828 cases each time
(b) $4005656.85
(c) $3609800
Explanation:
The given values are:
Annual demand,
D = 200,000 cases
Per case cost,
C = $20
Carrying host,
H = 
= $
Ordering cost,
S = $40
(a)
The economic order quantity will be:
⇒ 
On substituting the values, we get
![=\sqrt{[\frac{(2\times 200000\times 40)}{2} ]}](https://tex.z-dn.net/?f=%3D%5Csqrt%7B%5B%5Cfrac%7B%282%5Ctimes%20200000%5Ctimes%2040%29%7D%7B2%7D%20%5D%7D)
(b)
According to the question,
The annual ordering cost will be:
= 
= 
= 
($)
The annual carrying cost will be:
= 
= 
= 
($)
The annual purchase cost will be:
= 
= 
= 
($)
Now,
The total inventory cost will be:
= 
= 
($)
(c)
According to the question,
Order quantity,
Q = 10000 cases
Per case cost,
C = $18
Carrying cost,
H = 
= 
The annual ordering cost will be:
= 
= 
= 
($)
The annual carrying cost will be:
= 
= 
= 
($)
The annual purchase cost will be:
=
= 
= 
Now,
The total cost of inventory will be:
= 
= 
($)
Automotive batteries can be regarded as example of corrosive materials.
<h3>What is a Miscellaneous Hazardous Material?</h3>
Miscellaneous Hazardous Material serves as those materials can bring harm or even death to people, this materials can bring discomfort to the workers.
However , Automotive batteries can be seen as Miscellaneous Hazardous Material which has anesthetic as well as noxious elements and it is extremely dangerous.
Learn more about Hazardous Material at:
brainly.com/question/12883615
#SPJ1
Answer:
no no entry will be made
Explanation:
Data provided in the question:
Date on which inventory sold, December 29
Amount of inventory sold = $5,500
Account terms = 2/10 n/30
Date on which amount is paid, January 3
Now,
Since the date on which the entry is being made (i.e December 29) is before the payment is actually made (i.e January 3). Therefore, no no entry will be made in its inventory account
