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Orlov [11]
3 years ago
15

A manager must make a decision on shipping. There are two shippers: A and B. Both offer a two-day rate: A for $514, and B for $5

27. In addition, A offers a three-day rate of $472 and a nine-day rate of $407, and B offers a four-day rate of $458 and a seven-day rate of $424. Annual holding costs are 31 percent of unit price. Three hundred and sixty boxes are to be shipped, and each box has a price of $146. Which shipping alternative would you recommend
Business
1 answer:
asambeis [7]3 years ago
7 0

Answer:

Ship two-day using A ship

Explanation:

It is given that :

Total number of boxes to be shipped = 360 boxes

Cost of annual holding  = 31%

                                       = 0.31

Price for each box = $ 146

∴ Cost of total boxes = 146 x 360

                                    = $52,560

∴ Total holding cost = 0.31 x 52560

                                  = $ 16,293.60

Now the holding cost for one day = $\frac{16,293.60}{365}$ days

                                                       = 44.640  per day

For shipper A

Shipping cost + days x holding cost

Cost for 2 days = 514 + 2 x 44.640 = $ 603.28

Cost for 3 days = 472 + 3 x 44.640 = $ 605.92

Cost for 9 days = 407 + 9 x 44.640 = $ 808.76

Similarly for shipper B

Shipping cost + days x holding cost

Cost for 2 days = 527 + 2 x 44.640 = $ 616.28

Cost for 4 days = 458 + 4 x 44.640 = $ 636.56

Cost for 7 days = 424 + 7 x 44.640 = $ 736.48

Thus from above we can conclude that choosing Ship A for two days is the correct option.

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The following relates to a proposed equipment purchase: Cost $ 157,000 Salvage value $ 5,000 Estimated useful life 4 years Annua
Kruka [31]

Answer:

$14,850

Explanation:

Depreciable amount = $158,000 - $5,000 = $153,000

Annual depreciation = $38,250

Annual net income = $53,100 - $38,250 = $14,850.

Therefore, the annual net income amount used to calculate the accounting rate of return is $14,850

4 0
3 years ago
What factors contribute to the comparative advantages of countries?
Westkost [7]

Answer:

International trade is the exchange of capital, goods, and services across international borders or territories.

Each nation should produce goods for which its domestic opportunity costs are lower than the domestic opportunity costs of other nations and exchange those goods for products that have higher domestic opportunity costs compared to other nations.

Benefits of trade include lower prices and better products for consumers, improved political ties among nations, and efficiency gains for domestic producers.

International trade is the exchange of capital, goods, and services across international borders or territories. Trading-partners reap mutual gains when each nation specializes in goods for which it holds a comparative advantage and then engages in trade for other products. In other words, each nation should produce goods for which its domestic opportunity costs are lower than the domestic opportunity costs of other nations and exchange those goods for products that have higher domestic opportunity costs compared to other nations.

Explanation:

In economics, the production possibility frontier (PPF) is a graph that shows the combinations of two commodities that could be produced using the same total amount of the factors of production. It shows the maximum possible production level of one commodity for any production level of another, given the existing levels of the factors of production and the state of technology.

PPFs are normally drawn as extending outward around the origin, but can also be represented as a straight line. An economy that is operating on the PPF is productively efficient, meaning that it would be impossible to produce more of one good without decreasing the production of the other good. For example, if an economy that produces only guns and butter is operating on the PPF, the production of guns would need to be sacrificed in order to produce more butter. If production is efficient, the economy can choose between combinations (i.e., points) on the PPF: B if guns are of interest, C if more butter is needed, or D if an equal mix of butter and guns is required.

3 0
3 years ago
Read 2 more answers
At Creighton Company, the following errors were discovered after the transactions had been journalized and posted.1. A collectio
dangina [55]

Answer:

The correction entries shall be as follows,

1. Service Revenue    Dr. $ 920

  Customer Account   Cr. $ 920

2.  Store Purchases Dr. $1,180

    Accounts Payable Dr.$340  

   Supplies Account              Cr. $ 1,520

     

 Explanation:

1. The service revenue account was overstated and customer account understated. therefore by debiting service revenue and by crediting customer account, both have been restated at their actual position.

2. The accounts payable was overstated by $ 340 (1,180-1520).it is rectified by debiting with $ 340. Whereas the supplies account was wrongly debited therefore that impact of $1,520 reversed and actual store purchases debited with actual amount of $1,180

6 0
3 years ago
Claire wanted to tell her employees about the seminar, but she put the flier in a stack of papers and forgot about it until afte
neonofarm [45]

Claire wanted to tell her employees about the seminar, but she put the flier in a stack of papers and forgot about it until after the deadline, so none of her employees were able to sign up for the seminar. What type of barrier has occurred in this situation?

The barrier to communication that occurred in this situation is sender barrier.

A communication barrier is anything that prevents someone from receiving and understanding messages including information, ideas and thoughts. Since Claire did not let her employees know about the seminar, they had no way to know that the seminar was going on and that they were able to attend.  There was no information given from Claire, who was suppossed to be the sender of the information for her team.

6 0
3 years ago
Julia is preparing the balance sheet for her company. building and land are the only two assets classified as property, plant, a
Ghella [55]
Land and equipment are considered as fixed assets. As such, Julia should enter the two in long term fixed assets column and list their current values.

Short term assets
Long term fixed assets
Gross value of building
- Total depreciation value.

Over time though, she should carry out valuation to have  a true picture of how the land has appreciated in value.

8 0
3 years ago
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