Answer:
the answer is =32291.67.
The firm should take the advantage of the new quantity as the total cost is lesser as compared with the old supplier. the firm can save $340 by approximately taking the advantage of the new quantity discount.
Explanation:
Solution
Given that:
The Annual demand D = 5000 boxes
The Cost C = $6.4 per each box
The Carrying cost H = 25% of the unit cost = 0.25*6.4 = 1.6
The ordering costs S = $25.00
Now,
EOQ =√2DS/H
EOQ =√(2*5000 * 25)/1.6
Thus,
EOQ =Q = 395.28
The Total cost = DC + (Q/2)H + (D/Q)S
= 5000*6.4 + (395.28 /2) 1.6 + (5000/395.28)25
Then,
T = 32000 + 316.23 + 316.23
= 32632.46
So,
The new supplier has offered to sell the same item for the amount of $6.00 if Q = 3,000 boxes
Hence,
The total cost = 5000 * 6 + (3000/2)1.5 + (5000/3000)25
= 30000 + 2250 + 41.67
= 32291.67
Therefore, The firm should take the advantage of the new quantity as the total cost is lesser as compared with the old supplier. the firm can save $340 by approximately taking the advantage of the new quantity discount.
Answer:
Total revenue is the total amount of income that a firm obtains from selling goods or services. Average revenue is the average amount of income that a firm obtains for each unit of product , and marginal revenue is the extra amount of revenue that the firm obtains from the sale of one additional unit of product.
These three types of revenues have several relationships, for example, if total revenue increases more than total quantity, it means that marginal revenue is high. Another relationship is between marginal revenue and average revenue: when average revenue decreases, marginal revenue increases and viceversa.
Answer: Market-differentiated
Explanation:
The market differentiated pricing strategy is one of the type of business strategy in which the organization produces various types of products and the services in the market.
By using this type of strategy many companies produced the unique products so that the consumers are get attracted by the business services. The market differentiated strategy provide various types of benefits as it makes the product distinct and unique from the other products and the services in the market.
According to the question, Burlan paints is one of the paints manufacturer that implementing the market differentiated pricing strategy for the pricing products.
Therefore, Market-differentiated is the correct answer.
Answer:
A. $ 1.750
Explanation:
from the given infomation, the operating activities are:
1. pay rent = $ 700
2. pay workers salaries = $ 1.050
The total cash paid fpr operating activities = $ 700 + $ 1.050
= $ 1.750
Therefore, the total amount of cash paid for operating activities is $ 1.750.
Answer:
The amount which is should be reported as an allowance for uncollectible accounts is $180,500
Explanation:
The amount for allowance for uncollectible accounts on December 31, 2021 is computed as:
Allowance for uncollectible = Gross Accounts Receivable × Percentage of uncollectible
where
gross accounts receivable amounts to $18,050,000
Percentage of uncollectible is 1%
Putting the values:
= $18,050,000 × 1%
= $180,500
