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!
Problem - Out Camping is a manufacturer of supplies and has several divisions, one of which is the tent division that produces the deluxe tent Away From Home. Fourteen thousands of these tents are made each year. This model of tent incorporates two zipping doors in each model. Zippers for these doors are purchased from Zippy Zippers. Out Camping began this year with 500 zippers in inventory, but is now adopting an economic order quantity approach to inventory. A review of last year's records reveals the following information concerning each order placed with Zippy Zippers: variable labor-$12; variable supplies-$1; fixed computer costs-$4; fixed office expenses-$2; fixed mailing expenses-$2; and fixed supplies-$1. No differences are expected this year. Last year, the cost of carrying one zipper in inventory for the entire year was $1, but Out Camping has recently negotiated a new lease on its warehouse, and the cost of carrying each zipper is now expected to increase by 25 cents. Out Camping also found that it took 7 days from the time an order was sent to Zippy until the zippers were received.
Required -
a. Compute economic order quantity.
b. Compute reorder point. Presume Out Camping has a desire to reduce its ending inventory to one-half of this year's beginning amount and that the company produces the Away From Home model 140 days each year.
Prepare the journal entries for following transactions: Bought land for 15,000 shares with a $35 per share market value.
If common stock was issued only once , what was the issue price per share? What was the par value of common stock
Share capital-ordinary 1,500; Dividends 750; Revenues 22,500, Expenses 18,750; What did Mazaya Company show as total debits on its trial balance
Crane Company purchased land and a building on April 1, 2019, for $351,600. Record the transactions and adjustments
Saunders Corp. has current liabilities of $410822, a quick ratio of 0.8, inventory turnover of 5.6, What is the cost of goods sold for the company
bryant company designs and builds fancy dining room tables for individual customers. on july 1 there were two jobs in
(Journal entries to record miscellaneous transactions and events) A city's Parks Department has these two General Fund appropriations.
Calculate the amount of assets for Company C on December 31, 2011. Calculate the amount of stock issuances for Company D during year 2011
January 1 Beginning inventory 150 items @ $4 = $600. May 1 Purchases 450 items @ $6= $2700. What are the costs assigned on a FIFO basis?
an analysis of the general ledger accounts indicates that delivery equipment which had cost 50000 and on which
Outline the options for financing your expansion. Discuss how this decision will impact your company in financial and cultural terms.
Time value of money. Explain what is meant by the phrase time value of money. In addition, Give its Application.
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