Answer:
c. When ordering or setup costs increase, Economic Order Quantity increases
Explanation:
In inventory there are two types of review systems used to replenish stock, the periodic inventory and continuous inventory.
Continuous inventory involves ordering the same quantity of a good in each order. However the rate at which goods are replenished varies based on monitoring of level of goods. Orders are made when inventory gets to a certain level.
In this instance when there is an increase in ordering or setup there needs to be allocation of a higher amount for orders. The additional cost is added to the economic order quantity
Answer:
The goodwill that resulted from the transaction is $1.3 million, the excess paid by Backstreets Co. over the net assets of Jungleland Inc. acquired
Explanation:
Goodwill is the excess of purchase consideration over net assets acquired in a business combination.
The total net assets acquired can be deduced as total assets less total liabilities:
Land $2m
Buildings $3.7m
Inventory <u>$2.5m</u>
total assets 8.2m
Liabilities ($1.8m)
Net Assets $6.4 m
Purchase price $7.7 m
Goodwill is $1.3m ($7.7m -$6.4m)
The goodwill is the advantage that the owners business have over the new owners being the pioneers that set the business on the right path
The profit-maximizing choice for the monopoly will be to produce at the quantity where marginal revenue is equal to marginal cost: that is, MR = MC.
This is false. a fad is a product that is popular for a SHORT amount of time .
How do global factors influence the economy in America in the country, In the US the global economy it has mainly to impacted our manufacturing.
