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
Orlov [11]
3 years ago
9

R. C. Barker makes purchasing decisions for his company. One product that he buys costs $50 per unit when the order quantity is

less than 500. When the quantity ordered is 500 or more, the price per unit drops to $48. The ordering cost is $30 per order and the annual demand is 7,500 units. The holding cost is 10 percent of the purchase cost. If R. C. orders 500 units each time he places an order, what would the total annual holding cost be
Business
1 answer:
aleksandrvk [35]3 years ago
6 0

Answer:

$1,200

Explanation:

total annual holding cost = average number of units in inventory x annual holding cost per unit

  • average number of units in inventory = 500 units / 2 = 250 units
  • annual holding cost per unit = $48 x 10% = $4.8

total annual holding cost = $4.80 x 250 units = $1,200

Total annual holding cost per unit includes all the costs associated to keeping a certain inventory level, e.g. warehouse costs like rent and utilities, salaries of hte employees that work in the warehouse, insurance, etc.

You might be interested in
According to the text, the most logical budget-setting method in advertising is the ________ method. objective-and-task affordab
sukhopar [10]
The correct answer is known as "Objective and Task Method".
The Objective and Task Method is the method of advertising wherein a business defines one's advertising expenses in order to allocate the marketing budget based on their wanted objectives. For a company to be able to use this method they must be able to define the results they want out of advertising and the  tactics needed in order to achieve the said results. 
6 0
3 years ago
The name of the business and the title of the job advertisement<br>​
storchak [24]

Answer:

A job advertisement is an informative text that describes job vacancies and details for potential applicants. They attract people by describing the benefits of the job, as well as what they're looking for in their candidates.

5 0
3 years ago
On June 1, 2018, Jensen Company acquired an 6.2%, ten-month note receivable from a customer in settlement of an existing account
Amiraneli [1.4K]

Answer:

d. Debit to Interest Receivable of $6,510.

Explanation:

To interest receivable = $180,000 * 6.2% = $11,160

Interest receivable for 7 months (June 1 - December 31) = $11,160 * (7/12) = $6,510

Therefore, the proper adjusting entry at December 31, 2018, with regard to this note receivable includes a <u>debit to Interest Receivable of $6,510</u>.

7 0
3 years ago
On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $47,500 and
olchik [2.2K]

Answer:

Bad debt expense for 2022 would be $2,950.

Explanation:

Bad debt expense for 2022 can be calculated as follows:

Bad debt expense for 2022 = Allowance for uncollectible accounts of  at December 31, 2022 - (Balances in Allowance for Uncollectible Accounts on December 31, 2021 - Accounts receivable written off) = $4,300 - ($2,000 - $650) = $2,950

Therefore, Bad debt expense for 2022 would be $2,950.

8 0
3 years ago
Which of the following transactions are included in gross domestic product, and by how much does the GDP raise?
seropon [69]

Answer:

A. Smith pays a carpenter $50,000 to build a garage.  ⇒ INCLUDED, increases GDP by $50,000 because Smith paid for the garage.

B. Smith purchases $10,000 worth of materials and builds a garage, which is worth $50,000.  ⇒ INCLUDED, increases GDP by $10,000 only because Smith built the garage himself.

C. Smith goes to the woods, cut down a tree, and uses the wood to build himself a garage that is worth $50,000.  ⇒ NOT INCLUDED, no services or goods were exchanged, it is the same as growing your own food.

D. The Jones family sells its old house to the Reynolds family for $400,000. The Joneses then buy a newly constructed house from a builder for $500,000.  ⇒ INCLUDED, increases GDP by $500,000 because the Joneses purchased anew house.

E. You purchase a used computer from a friend for $200.  ⇒ NOT INCLUDED, only new goods and services are included.

F. Your university purchases a new mainframe computer from IBM, paying $25,000.   ⇒ INCLUDED, increases GDP by $25,000 because the university purchased a new computer.

G. You win $100 in an Atlantic City casino. ⇒ NOT INCLUDED, casino earnings or lottery earnings are not considered new products or services.

5 0
3 years ago
Other questions:
  • The_____?outlines regulations to control air emissions from various sources, whether stationary or in motion.
    8·1 answer
  • Indicate whether each of the following statements is true or false. 1. The corporation is an entity separate and distinct from i
    5·1 answer
  • How is conduction and radiation alike to convection
    13·1 answer
  • On Monday, the seller offers to sell his vacant lot to the buyer for $42,000. On Tuesday, the buyer counteroffers to buy for $40
    9·1 answer
  • Heilbroner describes the Civil War as an immense occasion for theft, fraud, and other criminal activity. Abraham Lincoln himself
    14·1 answer
  • Under what circumstances, when a searching operation is needed, would sequential search not be appropriate?
    8·1 answer
  • Tara paid​ one-half of her​ game-show winnings to the government for taxes. She invested​ one-third of her winnings in​ Jeff''s
    12·1 answer
  • Why are bonds known as fixed income investments?
    13·1 answer
  • Net income for the year was $29,500. Accounts receivable increased $2,500, and accounts payable increased $5,400. Under the indi
    9·1 answer
  • Hello can someone help me with this because i'm confused about it
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!