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
const2013 [10]
3 years ago
10

Garden Variety Flower Shop uses 900 clay pots annually. The pots are purchased at $2 each. Annual carrying costs per pot are est

imated to be 30 percent of cost, and ordering costs are $20 per order. What is the EOQ
Business
1 answer:
wel3 years ago
5 0

Answer:

EOQ= 255 units

Explanation:

<u>Economic order quantity (EOQ)</u> is the ideal order quantity a company should purchase to <u>minimize inventory</u> costs such as holding costs, shortage costs, and order costs.

<u>To calculate the EOQ, we need to use the following formula:</u>

Economic order quantity (EOQ)= √[(2*D*S)/H]

D= Demand in units

S= Order cost

H= Holding/carriying cost

EOQ= √[(2*900*20)/0.6]

EOQ= 255 units

You might be interested in
Marwick Corporation issues 8%, 5 year bonds with a par value of $1,000,000 and semiannual interest payments. On the issue date,
schepotkina [342]

Answer:

The bond's issue(selling) price is $1,085,308.00  

Explanation:

The price of the bond is the present values of the future cash flows discounted to present values.Instead of discounting the coupons an annuity factor was used instead but the par value receivable at maturity was discounted using the discounting factor in the question.

Kindly find attached.

Download xlsx
4 0
4 years ago
__________ plan and design all types of buildings and structures.
Maslowich
D. architects. They plan and design all types of buildings and structures
5 0
3 years ago
Square Company purchases an equity investment in Tangle Company at a purchase price of $8 million, representing 40% of the book
goldfiish [28.3K]

Answer:

The $280,000 is the income which square report in Tangle for the year.

Explanation:

For computing the income relating to the investment in Tangle for the year, the net income and percentage is applied or we can say equity method is applied.

In mathematically,

Income = Net income × percentage

            = $700,000 × 40%

            =$280,000

All other cost like dividend, market value, purchase price is irrelevant while computing the investment income.

Hence, the $280,000 is the income which square report in Tangle for the year.

3 0
3 years ago
Fixed overhead was budgeted at $200,000, and 25,000 direct labor hours were budgeted. If the fixed overhead volume variance was
Liono4ka [1.6K]

Answer:

$208,000

Explanation:

Calculation for fixed overhead applied

Using this formula

Fixed overhead applied =Budgeted Fixed overhead+Fixed overhead volume variance

Let plug in the formula

Fixed overhead applied =$200,000+$8,000

Fixed overhead applied=$208,000

Therefore Fixed overhead applied must be $208,000

3 0
3 years ago
Which of the following statements is true of taking responsibility? A. You're unlikely to get control of your life when you blam
inessss [21]
The answer is a, all the others answers are wrong
8 0
3 years ago
Other questions:
  • On april 1, griffith publishing company received $1,548 from santa fe, inc. for 36-month subscriptions to several different maga
    9·2 answers
  • Beyond redesigning the nature of the work itself and involving employees in decisions, another approach to making the work envir
    11·1 answer
  • The distinguishing feature of a joint tenancy or tenancy by entirety is known as what?
    15·1 answer
  • Tonya lives in Texas. On a trip to Kansas her car broke down in Oklahoma. She used a gas station bathroom but did not buy gas. W
    10·1 answer
  • Spending, saving, and investing to have the kind of life you want and financial security can be achieved by
    7·2 answers
  • Regarding the trade-off theory, a firm would reach its optimal capital structure if:
    10·2 answers
  • The fact that the words “whiskey makes you sick when you’re well,” when arranged differently, “whiskey, when you’re sick, makes
    6·1 answer
  • A liquidity ratio measures the Group of answer choices income or operating success of an enterprise over a period of time. abili
    15·1 answer
  • Prepare journal entries to record each of the following four separate issuances of stock. A corporation issued 2,000 shares of $
    5·1 answer
  • Urgent please help!!!!! The Accounts Receivable balance for Company at December​ 31, 2023​ was 29000 . During ​,2024 the company
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!