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Elis [28]
2 years ago
8

Compute the total annualized inventory holding and ordering costs when the cost per order (S) is $75, the annual demand (D) is 1

20,000, the annual carrying charge (i) is 25%, the order quantity (Q) is 1200, and the item’s cost is $50
Business
1 answer:
mihalych1998 [28]2 years ago
7 0

Answer:

total annualized inventory holding and ordering costs = $15,000

Explanation:

total number of orders per year = 120,000 units / 1,200 units per order = 100 orders per year

total ordering cost per year = cost per order x number of orders per year = 100 orders per year x $75 per order = $7,500

average inventory = 1,200 units / 2 = 600 units

annualized inventory holding costs = 600 units x 25% holding cost x $50 cost per unit = $7,500

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Shelley wants to cash in her winning lottery ticket. She can either receive sixteen $100,000 semiannual payments starting today,
Arte-miy333 [17]

Answer:

$1,256,000

Explanation:

Data provided in the question:

Number of semiannual payments received = 16

Amount of each payment = $100,000

Annual interest rate = 6%

Thus,

Semiannual interest rate = \frac{6\%}{2} = 3% = 0.03

Now,

Payment = Amount × \frac{(1-(1+i)^{-n})}{i}

or

Payment = $100,000 × \frac{(1-(1+0.03)^{-16})}{0.03}

Payment = $100,000 × 12.56

or

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5 0
3 years ago
Read 2 more answers
Journalize the entries to correct the following errors:
Rzqust [24]

Answer:

A. Dr Accounts Receivable for $569

Cr Supplies $569

Dr Supplies $108

Cr Accounts payable $108

B. Dr Cash $8820

Cr Fees earned $8820

Explanation:

Preparation of the entry to correct the following errors:

A. Dr Accounts Receivable for $569

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Dr Supplies $108

Cr Accounts payable $108

B. Dr Cash $8820

Cr Fees earned $8820

($4410+$4410)

6 0
2 years ago
Total revenue equals A. change in price per unit times quantity sold. B. price per unit times change in quantity sold. C. price
Dmitriy789 [7]

Answer:

C. price per unit times quantity sold.

Explanation:

Total revenue is defined as the revenues that are received from the sales of units of goods and services. It is price multiplied by quantity sold.

Total revenue can also be seen as price per unit times quantity is sold. For example if the unit price of a good is $2 the price per one unit is $2. When 20 units are sold the price per units sold is 20* $2= $40.

So times that a defined unit of goods is sold multiplied by price gives the total revenue.

7 0
3 years ago
Dan saves a portion of his income in an interest-earning account. in the loanable funds market, dan is:________
AlexFokin [52]

Answer:

Dan is the "supplier" of the funds

Explanation:

Given their willingness to lend their money, savers in this marketplace are on the supply side of the economy.

What is the loanable fund market?

The market that connects savers and borrowers is the loanable funds market.

Model of the market for loanable money

To make what occurs in the economy when borrowers and savers interact more understandable, the loanable funds market model is utilized. A modification to the market model for commodities and services is the market model for loanable funds. In this hypothetical scenario, the exchange of money takes the place of a good and the interest rate replaces the price. In essence, it describes how loans are made and borrowed money is exchanged between borrowers and lenders.

To know more about the loanable fund market visit:- brainly.com/question/15851247

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3 0
2 years ago
Anthony is putting together an employee group to help add new technology to his company's existing products. He is seeking emplo
Zarrin [17]

Answer:

True

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True, but to achieve full success Anthony should manage his millennials properly. Despite being labeled as 'tech savvy, flexible, adaptable,  they need to feel their voices are being heard,  they're part of a team, so they will generate a stronger and stronger sense of commitment.

7 0
2 years ago
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