Calculate Economic Order Quantity

Assignment Help Financial Accounting
Reference no: EM132960239

Question - Cheeseburger and Taco Company purchases 6,879 boxes of cheese each year. It costs $11 to place and ship each order and $7.88 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. Calculate Economic Order Quantity.

Reference no: EM132960239

Questions Cloud

Compare the types of employment legislation in australia : 1. Compare the political parties that form the government of the day in Australia, UK, USA and your country from the 70's onwards? Examine the labour market ref
What amount would be used for the budgeted sales value : If sales were $50,000, $60,000 and $75,000 for 2017 to 2019 what amount would be used for the 2020 budgeted sales value using the averaging technique
How privacy legislation can have an impact on the collection : Prepare a presentation that describes how privacy legislation can have an impact on the collection, retention, use and disclosure of HR information.
What will be the payback period for the project : What will be the payback period for this project (in year's to two decimal places) If the firm has established a payback period of 4 years, should project be
Calculate Economic Order Quantity : The company is using Economic Order Quantity model in placing the orders. Calculate Economic Order Quantity
Ensure improvement cycles with the customer experience : When monitoring the team's performance to consistently meet the organisation's quality and delivery standards, what aspects do you need to consider?
Calculate the standard deviation from central limit theorem : Calculate the standard deviation from the CLT ( Central Limit Theorem) to 4 places. The length of time, in hours, it takes an "over 40" group of people to play
Improve the menu of core benefits : Do you think companies should provide a broader menu of benefits (e.g., child care, veterinary care, financial counseling) or improve the menu of core benefits
Calculate the value of the forward contract : After 3 months, the physical gold price rises 3% and the interest rate remains unchanged. Calculate the value of the forward contract

Reviews

Write a Review

Financial Accounting Questions & Answers

  What would be the present value of lcms interest tax

Assuming that the risk-appropriate discount rate for the tax shield is only 6%, what would be the present value of LCMS' interest tax shield?

  Journal entry for issuance of the note by ontario resources

Ontario Resources, a natural energy supplier, borrowed $80 million cash on November 1, 2011, to fund a geological survey. The loan was made by Quebec Banque under a short-term credit line. Ontario Resources issued a 9-month, 12% promissory note with ..

  How much is the cost savings for the coming year

SMILE Company's financial plan for next year shows sales of P4,800,000 and cost of sales of P3,000,000. How much is the cost savings for the coming year

  Find What is the interest tax shield from Braxton debt

Braxton Enterprises currently has debt outstanding of $10 million. What is the interest tax shield from Braxton's debt in each of the next five years?

  What is the value of the savings bond

What is the value of the savings bond at the end of year five? Grand Opening Bank is offering a one-time investment opportunity for its new customers

  Determining the issue price of a debenture

What factors should be considered in determining the issue price of a debenture. Provide the journal entries at:1 July 2018, 30 June 2019, & 30 June 2020.

  Compute the target selling price

Compute the markup percentage to achieve a desired ROI of $20 per unit and compute the target selling price

  Determine what was amount of expenses reported on calloway

The financial statements of Calloway Company, Determine what was amount of expenses reported on Calloways income statement for the current year?

  How much monthly interest will be added to the account

How much monthly interest will be added to his account? Assume that the balance is computed by the average daily balance method.

  Describe the differences between the bond ratings

How Describe the differences between the bond ratings. Identify the strengths and weaknesses of each rating. safeassign is used

  Which of the three phases allows balance to grow

Which of the three phases allows your balance to grow by contributing new funds, earning income on investments and producing capital growth on investments.

  What would these expenses total at sales

ABC Company, which pays a 10% commission to its salespeople, reported sales revenues of $200,000 for the period just ended. If fixed and variable sales expenses totaled $56,000, what would these expenses total at sales of $168,000?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd