Answer:
Order size = 200 units
Number of order = 5 times
Explanation:
<em>The number of order per year will be equal to the Annual demand divided by the EOQ.</em>
<em>No of orders = Annual Demand / EOQ</em>
Economic order quantity (EOQ)
The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.
It is computed using he formulae below
EOQ = √(2× Co× D)/Ch
Ch- Carrying cost per unit per annum- $1
Co- Ordering cost per order -20
EOQ =√(2× 20× 1000)/1
= 200 units
Order size = 200 units
Number of order = 1000/200 = 5 times
Answer:
37,000 units
Explanation:
The computation of the total equivalent units for direct material is shown below:
= Transferred to finished goods during the month of July + Ending work in process during the month of July - Inventory in process, July 1
= 37,500 units + 3,500 units - 4,000 units
= 41,000 units - 4,000 units
= 37,000 units
We simply applied the above formula so that the total equivalent units for direct materials could come
Answer:
the amount of the loan the pawnbroker made to Jerry is $112.50
Explanation:
In order to find 15% of $750, one method is dividing 750 into 100 to find the value of 1%.
750 ÷ 100 = 7.5
Now we know the value of 1% is $7.50, so all we have to do is multiply that by 15.
7.5 × 15 = 112.5
Therefore, the amount of the loan the pawnbroker made to Jerry is $112.50
Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.
<h3>What is multinational enterprise?</h3>
Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.
They also involve in production of goods and services.
Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.
Learn more on cooperation here
brainly.com/question/1669538
Answer:
$0 cost or savings per unit
Explanation:
Cost to Buy
Purchase Price $31.40
and,
Costs to Make
Direct materials $9.10
Direct labor $13.10
Variable overhead $2.10
Fixed Overheads $7.10
Total $31.40
therefore
The net incremental cost or savings of buying the component is $0 cost or savings per unit