Answer:
The optimal order quantity is 316 pounds
Explanation:
In order to calculate What daily order quantity is optimal, we have to calculate first The cost of underestimating the demand Cu and cost of overestimating demand Co
Cu = ($0.60 - $0.50)*4 = $0.40
Co = $1 - $0.80 = $0.20
Next we have to calculate the Service Level = Cu / (Cu + Co)
= 0.40 / (0.40 + 0.20)
= 0.40/0.60
= 0.6667
So, Z Value at above service level = 0.430727
Therefore, in order to calculate the Optimal Order quantity, we would have to use the following formula
Optimal Order quantity= Mean + Z Value × Std Deviation
= 301 + 37 * 0.430727
= 301 + 15.36899
= 316 pounds
The statement " It eliminates the inflows of cash earned following the payback period and time value of money" is the disadvantage of the payback method
The payback period is the period thats tells the time period in which the initial investment that was made should be recovered.
It is to be measured in years normally.
For finding the disadvantage, we need to find out the following information related payback period
- It is easy to calculate
- The cash flows earned after the payback period should not be used
- There is no requirement to determine the present value factor for measuring the payback period.
- Also, it does not use for distinct cheap projects from lower ones
So this is the reason this method ignored the times value of money
Therefore, we can conclude that, the correct option is b.
Learn more about the payback method here: brainly.com/question/16255939
Answer:
B) $77,350
Explanation:
Gross payroll=$100,000
Social Security taxes =6.20%
6.20/100×$100,000
=0.062×$100,000
=$6,200
Medicare taxes = 1.45%.
1.45/100×$100,000
=0.145×$100,000
=$1,450
federal and state income tax =15%
15/100×$100,000
=0.15×$100,000
=$15,000
Total Withholdings=
$6,200+$1,450+$15,000
=$22,650
Total employee compensation= Gross earnings-total withhold
=$100,000-$22,650
=$77,350
Answer:
B. technical analysis
Explanation:
Technical analysis -
It is the method of predicting and examining the movement of price , in the financial market .
The method requires the use of past data , i.e. , the market statistics , previous price chart and tables .
hence , the correct answer for the given information , is B. technical analysis .
Answer:
Option D. 5,400 9,000
Explanation:
The computation for the number of units produced is shown below:
But before that first determined the following calculations
Particulars Spoons Forks
Selling Price $150.00 $88.00
Less:
Variable cost per unit $80.00 $42.00
Contribution margin
per unit $70.00 $46.00
Machine hour per unit 5 3
Contribution margin
per machine hour $14.00 $15.33
As we can see that the contribution margin per machine hour of the fork is greater so it should be the first utilized
For 9,000 forks, total machine hours is
= 9,000 × 3
= 27,000
Now no of the spoons produced would be
= 27000 ÷ 5
= 5,400
