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AURORKA [14]
3 years ago
14

On the same day that the sales department at Duffin House received an order for 500 packages from the OHaganBooks Texas headquar

ters, it received an additional order for 150 packages from FantasyBooks, based in California. Duffin House has warehouses in New York and Illinois. The New York warehouse has 500 packages in stock, but the Illinois warehouse is closing down and has only 250 packages in stock. Shipping costs per package of books are as follows: New York to Texas: $20; New York to California: $50; Illinois to Texas: $30; Illinois to California: $40. What is the lowest total shipping cost for which Duffin House can fill the orders
Business
1 answer:
Inessa05 [86]3 years ago
3 0

Answer:

Duffin House

The lowest total shipping cost for which Duffin House can fill the orders is:

= $16,000.

Explanation:

a) Data and Calculations:

Orders received from OHaganBooks, Texas = 500 packages

Orders received from FantasyBooks, California = 150 packages

No. of packages in stock at New York Warehouse = 500

No. of packages in stock at Illinois Warehouse = 250

Shipping cost:

New York to Texas: $20;

New York to California: $50;

Illinois to Texas: $30;

Illinois to California: $40

Lowest shipping cost arrangement:

500 packages from New York to Texas at $20 = $10,000

150 packages from Illinois to California at $40 = $6,000

Total shipping cost = $16,000

Other shipping cost arrangement:

150 packages from New York to California at $50 = $7,500

350 packages from New York to Texas at $20 = $7,000

150 packages from Illinois to Texas at $30 = $4,500

Total shipping cost under this arrangement = $19,000

b) The key in making this shipping arrangement is to identify the lowest shipping cost per package.  The order that attracts this shipping cost is taken first.  Then identify the next lowest shipping cost that is feasible and have the order fulfilled accordingly.

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James Corporation owns 80 percent of Carl Corporation's common stock. During October, Carl sold merchandise to James for $307,00
Arturiano [62]

Answer:

$69,075

Explanation:

James Corporation

Merchandise remaining in James’s inventory:

$307,000 × 50% = $153,500

Intra-entity gross profit:

$153,500 × 45% = $69,075.

James’s ownership percentage of Carl will have no impact on this computation.

Therefore the amount of intra-entity gross profit in inventory at December 31 that should be eliminated in the consolidation process is $69,075

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__________ begins with new-product purchases first by innovators and then by early adopters.
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Kingbird Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $249,600 and a r
dimulka [17.4K]

Answer:

The amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

Explanation:

This can be calculated as follows:

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Remaining useful years January 1, 2020 = 8

Remaining useful months of the patents from January 1, 2020 = Remaining useful years January 1, 2020 * 12 8 * 12 = 96

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2 years ago
Statutory employees :a. Include common law employees.b. Report their expenses as miscellaneous itemized deductions.c. Claim thei
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Answer:

c Claim their expenses as deductions for AGI.

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Their costs are specified in Schedule C, not Form 2106 (Option). Although subject to Social Security tax, they are not subject to income tax withholding (option). Legitimate employees are not common law employees (selected). Costs for AGI will be reduced  

3 0
3 years ago
Katie is looking over some of the product histories for the company. She has noticed that many more products have been rendered
valkas [14]

Answer:C. It makes it more difficult for the company to define an appropriate time period.

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With the information,since the products are fast becoming Obsolete than when compared to 10years ago,it makes it more difficult to determine or arrive at the appropriate time period for the company to keep the product before it becomes obsolete.

6 0
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