Career choice, getting/keeping a job, career changes, career advancement skills are examples of

In an inventory control system, the annual demand is 12,000 units, the ordering cost is GHS 30 per order and the inventory holdi

Fittoniya [83]

Answer:

Total cost per year = $1,801,860

Explanation:

Given:

Annual demand = 12,000 units

Ordering cost = $30 per order

Inventory holding cost = $3 per year

Order quantity = 1000 units

Cost per unit of the item = $150

Find:

Total cost per year

Computation:

Total cost per year = Purchase cost + Order cost + Inventory holding cost

Total cost per year = [12,000 x 150] + [12,000/1000 x 30] + [1,000/2 x 3]

Total cost per year = 1,800,000 + 360 + 1500

Total cost per year = $1,801,860

5 0

3 years ago

When the federal reserve decreases the federal funds target rate, it means that

Alex

That it increases the money supply and the inflation is higher. More money can be loaned out by the bank.

5 0

3 years ago

Today, a firm has a stock price of $14.26 and an EPS of $1.15. Its close competitor has an EPS of $0.48. What would be the expec

serg [7]

Answer:

$5.952

Explanation:

For the computation of expected price of the competitor's stock first we need to find out the P/E ratio of a firm which is shown below:-

P/E ratio of a firm = Stock price ÷ Earning per share

= $14.26 ÷ $1.15

= $12.4

Price of competitor's stock = P/E ratio of a firm × Earning per share

= $12.4 × $0.48

= $5.952

Therefore for computing the expected price of the competitor's stock we simply applied the above formula.

7 0

3 years ago

Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare

vazorg [7]

Answer:

c. Mobile Retailing.

Explanation:

Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare mobile app is an example of Mobile Retailing.

Mobile retailing can be defined as the process of buying or shopping for goods and services through the internet by using a smartphone, mobile device or tablets. It is one of the convenient ways, potential customers use to engage in e-commerce.

4 0

3 years ago

The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the fi

Dimas [21]

Answer:

Quik Furniture Company

Production cost report - Sanding department

Month ended on March 31, 2020

Units Physical units Equivalent units

Materials Conversion

Units started 9,240

in production

Completed and 6,240

transferred out

Work in progress 3,000 600

Total units 6,240 3,000 600

accounted for

Costs Direct Conversion Total

materials costs

Beginning WIP $0 $0 $0

Costs added during $36,960 $51,642 $88,602

period

Total costs $36,960 $51,642 $88,602

Cost per unit $4 $7.55 $11.55

(9,240 u.) (6,840 u.) (finished u.)

5 0

3 years ago