Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Bad Dawg produces pork sausages annually which requires 0.2 kilogram of raw material. The company produces and sells 800,000 units of the product annually. The cost to place a single order is $30 per hour and the annual carrying cost of inventory is 4% per annum. The normal time to place an individual order is four (4) hours. Currently, the company orders ten times per year.
The main supplier has advised the financial controller of Bad Dawg that a 6% discount would be given if the entity doubles its current lot size. Management was also informed that a further 4% would be given if the entity increased its order by 8,000 kilograms above the current lot size. The material is currently bought from its supplier for $60 per kilogram.
Required -
a. Calculate the Economic Order Quantity (EOQ).
b. Calculate the total cost based on the EOQ.
c. Calculate the total cost for each individual alternate order quantities, including the current policy.
d. What is the optimal order quantity and why?
e. Outline three importance of inventory management.
Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.
Prepare the journal entries to record the bond issue and interest expense.
Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.
Prepare Revenues budget and Production budget in units
Effect of exchange rate changes on cash and cash
You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.
A cost-benefit analysis of electronic medical records in primary care
Theory of Interest- Non-annual interest rates and annuities
How is job costing in service organizations different from job costing in manufacturing environments?
Accounting for bad debt expense
Accounting and Partnership problems
Development of relevant cash flows - Cost estimating and financial analysis
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd