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3 years ago

Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days

Business

1 answer:

Softa [21]3 years ago

8 0

Answer:

He should reorder when he is left with 200 hammers.

Explanation:

Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.

Reorder point = Safety Stock + (Average daily usage of units * Average lead time in days )

Reorder Point = 0 + (100 hammers * 2 days)

Reorder Point = 200

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Which of the following price bases is mostly likely to be used for commercial construction projects or custom-made equipment?

Svet_ta [14]

Answer:

b. cost-plus pricing

Explanation:

cost-plus pricing is a price base that involves a markup addition to the cost of services and goods to get to the final selling price. In this technique you compute all cost (material, labor, etc) and then add a percentage in order to obtain the product's price

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3 years ago

South Beach Insurance is about to begin using a program that will change the way its adjusters settle insurance claims. Adjuster

klasskru [66]

Answer:

The correct answer is letter "A": innovative.

Explanation:

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3 years ago

True or False: If Kevin's Fire Engines were a competitive firm instead and $160,000 were the market price for an engine, decreas

Feliz [49]

Answer:

False

Explanation:

Kevin should not rise the level of production from 5 to 6 as the impact of the price dominates this situation

Also the market is not depend on the Kevin fire engines because of the competitive market

Plus the supply and demand relation is inverse and not depend on the change in price level in a competitive market

If the price is decreased from $160,000 to $120,000 so the quantity of the production would not be impacted

In addition to this, the total revenue could be impacted when there is a reduction in the price that produced more sale due to this there is a slightly change in upward and downward

Also the change would never be in the similar production as compare to the change in price

Therefore the given statement is false

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3 years ago

If your 2 brothers are fighting how do u get them to stop

AleksandrR [38]

Put them over your knee and spank them
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3 years ago

Read 2 more answers

On january 2, fafnir co. purchased a franchise with a finite useful life of 10 years for $50,000. an additional franchise fee of

skelet666 [1.2K]

The amount should Fafnir report as intangible asset - franchise is -

Purchase value of Franchise = $ 50,000

Life of Franchise = 10 years

Salvage value = $ 0 ( not given)

Since, no other methods of amortization are specifically mentioned, straight line method will be used.

Book value of Franchise = Purchase price - Amortization expenses

Book value of Franchise = $ 50,000 - [ ( $ 50,000 - $ 0) / 10 Years ]

Straight-line depreciation = ( Purchase price - Salvage value) / Number of years

Book value of Franchise = $ 50,000 - $ 5,000 = $ 45,000

The amount should Fafnir report as intangible asset - franchise is = $ 45,000

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4 years ago