1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Assume Aircastle reported $20 million in goodwill on its acquisition of Broadvision. Assume the fair value of the earnout in agr
hoa [83]

Answer:

Journal Entry

Dr. Contingent Consideration Liability $500,000

Cr. Goodwill $500,000

Explanation:

It is assumed that the decline in the fair value is the correction of the acquisition entry. It means due to this event the consideration liability and goodwill are overstated we need to rectify the balances.

Hence,

The contingent consideration liability will be debited to reduce the liability and goodwill will also be decreased by crediting the goodwill account.

4 0
3 years ago
Bill's organization expects 50% of profits to be generated by products that did not exist five years ago. What is the nature of
faust18 [17]
If these are the missing choices:
A) short-term
B) risky
C) innovative
<span>D) expansionary

My answer is C. INNOVATIVE. 

Innovative is defined as an adjective that may refer to a person who introduces new ideas that are original and creative. It may also refer to a product, service, or idea that features new methods or designs that help advance our technology unlike no other. 

Since Bill's organization expected to derive a 50% profit from products that did not exist five years ago, it is safe to assume that Bill's organization was the one to innovate and launch the product. </span>
7 0
3 years ago
Explain how the government is both a consumer and a producer and give one example of th
natita [175]
The government is an consumer because they trade with other countries to get goods that their country need and they are also a producer because they produce strategies for their government to make our communities around the world more better and advanced.
3 0
3 years ago
Sandy paid 30 dollars for a blouse. Cleaning cost after each wear is about $0.50. Sandy thinks she can wear the blouse 50 times
andrezito [222]

Answer:

twice

Explanation:

3 0
3 years ago
Weaver Corporation had the following stock issued and outstanding at January 1, Year 1:
lesantik [10]

Answer:

Preferred shareholder (7,500*$100)*7%   $52,500

Common shareholder (70,000×$2)          <u>$140,000</u>

Total dividend                                            <u>$192,500</u>

<u />

Date         General Journal                  Debit         Credit

10 June     Dividend                            $192,500

                        To dividend payable                      $192,500

                 (To record dividends payable)

20 June    No entry required

01 July       Dividend payable              $192,500

                         To cash                                           $192,500

                  (To record dividend payment)  

31 Dec      Retained earning               $192,500

                         To dividends                                   $192,500

                (To close dividend account)

7 0
3 years ago
Other questions:
  • Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $10,000. If the issuing corporation red
    15·2 answers
  • The following totals for the month of April were taken from the payroll register of Durbin Company. Salaries $12,000 Social secu
    6·1 answer
  • How can being a team player contribute to the salesperson’s success? To the success of the salesperson’s business?
    9·1 answer
  • Are outstanding credit card balances counted as part of the money supply?
    7·1 answer
  • How important is following up with your potential employers after an interview?
    6·2 answers
  • Scanner-based research is a system of gathering information from a group of respondents by continuously monitoring the promotion
    15·1 answer
  • D Corporation applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost. Any under
    15·1 answer
  • 4. _______ are the fastest growing segment of today's workforce. They are optimistic, inventive and individualistic; they seek a
    11·1 answer
  • A stock currently sells for $49. the dividend yield is 3. 8 percent and the dividend growth rate is 5. 1 percent. What is the am
    5·1 answer
  • with interest rates rising, why do you believe purchasing a home can be one of the most stressful experiences for people? explai
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!