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ziro4ka [17]
3 years ago
6

For certain item, the cost minimizing other quantity obtained with the basic EOQ model is 100 units, and the total annual invent

ory( holding and setup) cost is $300, what is the holding cost per year for this item?a. $1.50 b. $2.00 c. $3.00 d. $150.00 e. Not enough data to determine
Business
1 answer:
Marrrta [24]3 years ago
4 0

Answer:

c. $3.00

Explanation:

We know that

Average Holding cost = average inventory based on Economic order quantity × carrying cost per unit

$150 = 50 units × carrying cost per unit

So, the carrying cost would be $3

The computation is shown below:

The average carrying cost would be $300 ÷ 2 = $150

And, the average inventory would be 100 units ÷ 2 = 50 units

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When dave, a restaurant owner, had his seafood business destroyed by hurricane katrina, he believed that he was in control of hi
Luden [163]

Dave is an individual with an <u>"Internal locus of control".</u>


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In the event that a man has an internal locus of control, that individual credits accomplishment to his or her own endeavors and capacities. A man who hopes to succeed will be more roused and more inclined to learn.  

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3 years ago
Under the (GLBA) privacy rule, why is it important to differentiate between a consumer and a customer?
enot [183]

Answer:

D. Only customers receive a financial institution privacy notice automatically

Explanation:

Let us take an illustration of all the points, primarily A is inaccurate because simply customers acquire a financial institution's privacy note directly. B and C are unreliable because, depending on the bank's privacy practices, both consumers and customers may have rights under the law and be able to opt-out. So, the answer will be D as we know that, the Privacy Rule demands thou to provide a note to each of your "customers" regarding your privacy systems.

3 0
3 years ago
hipotle offered free burritos to celebrate teachers. What type of price discrimination does this demonstrate? rev: 05_15_2018 Mu
Juliette [100K]

Answer:

Third-degree price discrimination. 

Explanation:

Third-degree price discrimination is when a seller charges different prices to different groups of people. This price discrimination can be based on age , occupation, sex eye

First degree price discrimination is when a sellers charges different prices to consumers based on their willingness to pay. This type of discrimination aims to eliminate consumer surplus.

Second degree price discrimination is when a sellers gives discounts for different quantities purchased. E.g. bulk purchases.

I hope my answer helps you

4 0
3 years ago
On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 15,000, $6 par, common sha
anyanavicka [17]

Answer:

Sept 1,

DR Stock dividends $52,500  

CR Common stock   $9,000

CR Additional paid in capital   $43,500

Sept 1,

DR Stock dividends $90,000  

CR Common stock  $90,000

 

Sept 1,

No journal entry required.

<u>Workings</u>

Small Dividends

<em>Stock dividends</em>

= 15,000 * 10% * $35

= $52,500

<em>Common stock </em>

= 15,000*10%* $6  

= $9,000

<em>Additional paid in capital</em>

= 52,500 - 9000

= $43,500

Large Dividends

<em>Stock dividends</em>

= 15,000 * $6

= $90,000

<em>Common stock </em>

= 15,000 * $6  

= $90,000

<em>No entry for stock splits.</em>

3 0
3 years ago
Telecom company is preparing its annual cash budget. what is the best place to locate the amounts for the purchase of a new buil
RSB [31]
<span>Telecom company is preparing its annual cash budget. What is the best place to locate the amounts for the purchase of a new building? Capital expenditures budget. When a company is wanting to upgrade asset such as property and equipment they usually have money set aside for when the time comes. The money set aside is located in the capital expenditures budget. Capital expenditures budget is also known as CapEx.</span>
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3 years ago
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