1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
notsponge [240]
3 years ago
5

Tile Depot, specializing in retail of construction materials, carries a popular flooring tile. The annual demand is estimated to

be 5,000 cases. The ordering cost of this tile is $250 per order and the carrying cost is $10 per case per year. Tile Depot opens six days per week that is equivalent to 300 working days per year. The lead time for this item is usually two weeks or 12 working days.
The economic ordering quantity (EOQ) for this item is _____.

A. 250
B. 300
C. 400
D. 500
E. 600
Business
1 answer:
natta225 [31]3 years ago
6 0

Answer: D. 500

Explanation:

The Economic Order Quantity (EOQ) refers to an efficient number of units that a company should order to minimize the total costs of inventory such as holding costs, order costs, and shortage costs.

It is calculated by the formula below,

EOQ = √ (2 * Annual demand * Ordering Cost / Holding Cost)

EOQ = √ (2 * 5,000 * 250 /10)

EOQ = 500 units.

The economic ordering quantity (EOQ) for this item is 500 units.

You might be interested in
Leather ShopLeather Shop earned net income of $57,000 after deducting depreciation of $5,000 and all other expenses. Current ass
slavikrds [6]

Answer:

$75,000

This option has not been provided

Explanation:

Cash provided by operating activities

Net Operating Income

Add: Depreciation

Add: Decrease in current assets

Add: Increase in Current Liabilities

Using the information in question, we have

Cash Provided by operating activities = $57,000 + $5,000 + $4,000 + $9,000 = $75,000

None of the above is the right answer as the correct option is not available.

8 0
3 years ago
Why is expected income a large factor in choosing a retirement plan in which to invest?
RoseWind [281]
<span>Because you will be investing in it for the rest of your life. The yields should match the amount you are able to contribute. By doing this, you will be able the needs that needed to be made on current year while not throwing away the money for the future since the fruit of your retirement plan will be ripped when you're no longer in a productive age, 
</span>
8 0
3 years ago
Read 2 more answers
Clarissa earned 8$ for working 3 hours. how many hours will she have to work to earn 16$
SSSSS [86.1K]
She will have to work 6 hours.
4 0
3 years ago
The common stock of Shaky Building Supply has a beta that is 22 percent greater than the overall market beta. Currently, the mar
Bess [88]

Answer:

11.7%

Explanation:

The common stock of a shaky building has a beta of 22%

The market risk premium is 9.56%

The US treasury bill is 3.3 %

Therefore the cost of equity can be calculated as follows

= 3.3/100 + (1+22/100)(9.56)

= 0.033 + (1+0.22)(9.56)

= 0.033 + 1.22×9.56

= 0.033 + 11.6632

= 11.7%

5 0
3 years ago
​Lakeside, Inc. estimated manufacturing overhead costs for the year at $ 375 comma 000​, based on 180 comma 000 estimated direct
Sloan [31]

The Manufacturing Overhead for the year was​   $18,000 overallocated.

Explanation:

  • Lakeside, Inc. estimated manufacturing overhead costs for the year at $ 375 comma 000​, based on 180 comma 000 estimated direct labor hours. Actual direct labor hours for the year totaled 191 comma 000. The manufacturing overhead account contains debit entries totaling $ 391 comma 000.
  • The Manufacturing Overhead for the year was​ $18,000
  • there are basically two types of business overhead which are  administrative overheads and the manufacturing overheads.
  • Overhead expenses includes the following examples,
  • the  accounting fees,
  • advertising, insurance,
  • interest rates,
  • legal fees,
  • labor work,
  • rent, repairing,
  • supplies, taxes,
  • telephone bills,
  • travelling expenses, etc.

7 0
3 years ago
Other questions:
  • Priscilla has the following inventory information.
    6·1 answer
  • Bryce co. sales are $914,000, variable costs are $498,130, and operating income is $196,000. what is the contribution margin rat
    13·1 answer
  • Dora earns 50,000 a year at her johs. when she was given a raise of 5,000 her spending increased from 50,000 to 54,000 calvulate
    15·2 answers
  • What is a regular savings account traditionally called?
    6·1 answer
  • Does Caroline have any closed accounts? How long does a closed account stay on a persons credit report?
    12·2 answers
  • How should the acquisition of MPIS be financed, taking into account the issues of control, flexibility, income and risk? Cash fl
    5·1 answer
  • Which of the following statements is FALSE?A)A rise in the price level lowers real wealth and results in a lower level of consum
    5·1 answer
  • Why are bonds known as fixed income investments?
    13·1 answer
  • Yellowstone Corporation has just announced the repurchase of $125,000 of its stock. The company has 39,000 shares outstanding an
    15·1 answer
  • Match the type of teams to the scenario that portrays each of them.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!