Answer:
a. 464 beans
b. $464
Explanation:
a. The computation of the economic order quantity is shown below:
=
where,
Annual demand = 200 days × 77 pounds = 15,400
And, all other items values would remain the same
Now put these values to the above formula
So, the value would equal to
=
= 464 beans
The average inventory would equal to
= Economic order quantity ÷ 2
= 464 units ÷ 2
= 232 units
b. Holding cost = average inventory × carrying cost per unit
= 232 units × $2
= $464
Answer:
There are certain adjustments to net income to calculate the operating cash flow.
Since net income is more than operating cash flow, that means that:
Net income includes gain from sale of fixed assets,
It might include unrealized incomes.
The change in current assets might have been positive, as increase in current assets is deducted.
Or that the change in current liabilities is positive that means the current liabilities have decreased and then such decrease will be deducted from net income.
Answer:
B. finding new customers online using social media
Answer:
Ending inventory cost= $10,900
COGS= $15,940
Explanation:
<u>To calculate the ending inventory using LIFO (last-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>
Ending inventory in units= 1,000 - 550= 450
Ending inventory cost= 340*23 + 110*28= $10,900
<u>Now, the cost of goods sold:</u>
COGS= 270*30 + 280*28= $15,940
Answer: B) Security
Explanation:Change is almost undeniable in any workplace, especially with rapid advancement in technology and companies increasingly automating work process. However, these changes are not always welcomed by everyone, especially those it affects adversely. Job security comes into play here. Since technology is basically performing tasks meant for employees efficiently and at a lower cost, companies consider such members of its workforce no longer needed and cut ties with them. As such, change is met with some resistance by employees as no one knows whose job it might affect