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
lozanna [386]
3 years ago
13

Demand for a specific design of dinning sets has been fairly large in the past several years and Statewide Furnishings, Inc. usu

ally orders new dinning sets 10 times a year. It is estimated that the ordering cost is $400 per order. The carrying cost is $50 per unit per year. Furthermore, State Wide Furnishings, Inc. has estimated that the stock out cost is $120 per unit per year. Based on forecast, the annual demand is 600 units. State Wide Furnishings, Inc. has 350 working days in a year and its lead time is 14 working days.
Assume shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual ordering cost.
a. 592.82
b. 1472.01
c. 2051.28
d. 4116.11
e. None of the above
Business
1 answer:
Harlamova29_29 [7]3 years ago
8 0

Answer:

e. None of the above

Explanation:

Annual demand, D = 600 units

Ordering cost, S = $400

Holding cost, H = $50

Economic order quantity without stock-out = SQRT(2*D*S/H)

Economic order quantity without stock-out = SQRT(2*600*400/50)

Economic order quantity without stock-out = 98

Total annual ordering cost = (D/Q)*S + (Q/2)*H

Total annual ordering cost = (600/98)*$400 + (98/2)*$50

Total annual ordering cost = $2,448.97 + $2,450

Total annual ordering cost = $4,898.97

You might be interested in
A taxpayer places a $1,050,000 5-year recovery period asset in service in 2019. This is the only asset placed in service in 2019
asambeis [7]

Answer:

hi your question lacks the options here is the options and the answer

a. $1,000,000

b. $200,000

c. $1,050,000

d. $1,026,000

e.  $210,000

answer : $1026000 ( D )

Explanation:

properties placed in service in 2019 = $1050000

The threshold for the year 2019 under the section 179 = $2550000

Maximum expense/deduction before phase out under the section 179 = $1020000

The depreciable value =$1050000 - $ 1020000 = $30000

The MACRS depreciation half - year convention under 5 years = 20% of depreciable value = 20% * 30000

                               = $6000

hence the total cost recovery = MACRS + Maximum expense/deduction

                                                 = $6000 + $1020000

                                                 = $1026000

7 0
3 years ago
Courtney's Caffeine Castle is investigating the feasibility of adding a new espresso maker to its line-up of products. The marke
Rashid [163]

Answer:

D. $945,000.

Explanation:

3 0
4 years ago
How much does it cost to drive up to boston from philadelphia?
matrenka [14]
Considering the gas and food about $250
7 0
3 years ago
Put a joke below if I laugh you get brainiest
Vanyuwa [196]

Answer:

no no don't touch me there, no no that's my no no square. Me singing this but they declared it dead.

5 0
3 years ago
Read 2 more answers
Which of the following is not an example of a barrier to entry?
igor_vitrenko [27]

Answer:  <u><em>A college student starts a part-time tutoring business is not an example of a barrier to entry.</em></u>

This is not an example of barrier to entry since in this particular case others students can easily utilize the same opportunity and enter into this particular business. In this case there is no legal barriers so that others cannot enter or exit into this industry or business.

<u><em></em></u>

<u><em>Therefore the correct option is (d).</em></u>

7 0
3 years ago
Other questions:
  • The following financial information applied to your company for 2018:
    11·1 answer
  • What are three common factors thay make local economies different
    7·1 answer
  • What do you NOT need in order to fill out a 1040?
    5·1 answer
  • Hurly Co. has fixed costs totaling $165,000. Its unit contribution margin is $1.50, and the selling price is $5.50 per unit. Com
    6·2 answers
  • Given the following data for the economy, compute the value of GDP.
    9·1 answer
  • Wilton Corporation had beginning retained earnings of $724,000 and ending retained earnings of $833,000. During the year, it iss
    10·1 answer
  • Jonathan is considering opening a shop for online baseball memorabilia. He has two options. He can build the web site himself an
    6·2 answers
  • According to the CAPM, what is the market risk premium given an expected return on a security of 13.6%, a stock of 12, and a ris
    9·1 answer
  • Sheridan Company issues 3600 shares of its $10 par value common stock having a fair value of $20 per share and 5600 shares of it
    9·1 answer
  • FORco, a country F corporation, wants to open a sales office in the United States. FORco does not form a U.S. subsidiary, but in
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!