Answer:
Best reorder size = 216
Reorder point = 35
Explanation:
Required:
Using the above information, find the best order size and the reorder point.
To find the best order size, EOQ, use the formula:
Best reorder size is 216 mufflers
To find the reorder point, use the formula:
R = d' L + z 
Where d' = average daily demand
L = lead time in days
z = number of standard deviation from a specified probability
= standard deviation of usage in lead time
Daily demand, d'= 
12 mufflers
Since lead time is 2 working days, standard deviation of lead time 
Therefore,
R = d' L + z
= (12 * 2) + (1.28 * 8.48)
= 24 + 10.9
= 34.9
Approximately 35
Reorder point is = 35 mufflers
Answer:
Cr Bonds Payable account 50,000
Cr Premium on Bonds Payable account 2,000
Explanation:
The complete journal record should be:
- Dr Cash account 52,000
- Cr Bonds Payable account 50,000
- Cr Premium on Bonds Payable account 2,000
Since cash is an asset and it increases, it should be debited.
Since bonds payable and premium on bonds payable are liabilities and they increase, they should be credited.
Answer:
Planning
Explanation:
Project planning refers to all you do to set up a successful project. It's the process you're going through to set the steps needed to define your project goals, clarify the scope of what needs to be done and develop the task list to do that.
Answer:
Iv had a good interest in locomotives since I was about 7. There were tracks a few blocks down the road from where I lived, and about 3-8 would pass a day. They passed by so much that I learned which horn went with each train. There were about 5 different trains and I remember one of the engine's numbers to be 2524, which is ironically the last numbers for my phone. This went on till I was 13 when we moved and I had to say goodbye to all of those trains. I even named when, which only made it worse when I moved. They were: Thomas (why not), James, Elif, Mack, and Karen. Karen had the loudest horn, which made sense. Thomas was #2524, James only came on the weekends and was a coal train, Elif had a flame on the front, and Mack had the loudest engine out of them all but hustled quickly. But back to what your asking, I want to be a conductor, or really anything that has to do with trains. I have and always will have a love for them. Plus, you can travel anywhere them tracks take you, and the pay is worth the 6 hours of sleep you get. Not alot but that sums that up :)
Answer: Receivables can be classified as accounts receivables, notes receivable and other receivables ( loans, settlement amounts due for non- current asset sales, rent receivable, term deposits). An example of accounts receivable includes an electric company that bills its clients after the clients received the electricity. The electric company records an account receivable for unpaid invoices as it waits for its customers to pay their bills.
Hope this helps....... Stay safe and have a Merry Christmas!!!!!!!! :D
Explanation:
