Answer:
$418,550
Explanation:
Steps are shown below:
a. The computation of the economic order quantity is shown below:
= 
= 
= 2,040 units
b. The number of orders would be equal to
= Annual demand ÷ economic order quantity
= $52,000 ÷ 2,040 units
= 25.49 orders
c. The average inventory would equal to
= Economic order quantity ÷ 2
= 2040 units ÷ 2
= 1,020 units
d. The total cost of ordering cost and carrying cost equals to
Ordering cost = Number of orders × ordering cost per order
= 25.49 orders × $50
= $1,275
Carrying cost = average inventory × carrying cost per unit
= 1,020 units × $1.25
= $1,275
So, the total annual cost would be
= Purchase cost + ordering cost + carrying cost
= $416,000 + $1,275 + $1,275
= $418,550
Purchase cost = Annual demand × cost per unit
= 52,000 × $8
= $416,000
Answer:
Protected status
Explanation:
In simple words, the trade secret is said to be protected when it has an economic value to the founding company or the company handling it and anyone who is exposed to the information regarding that is legally bound to not to disclose it.
Thus, from the above we can conclude that the given scenario indicates protected status.
Answer:
The journal entry to record the bond issuance is shown below:
Explanation:
The journal entry to record the bond issuance is as:
Cash A/c.............................................Dr $420,000
Bonds Payable A/c......................Cr $420,000
Being the bonds issued
As the bonds are issued by the company so cash is coming into the business, which is an asset and any increase in asset is debited. Therefore, the cash account is debited. And cash is received against the bonds payable, so the account of bonds payable is credited.
Ending capital for the month = The month's beginning capital + Additional capital inflow for the month - additional capital outflow for the month
For example: if had $500 at the beginning of a month, you got a dividend of $100 during the month and also spend $50 on entertainment during the month, the ending capital would be 500 + 100 -50 = $550
