User Account

All Pages

Determine the proper order size

Assignment Help Accounting Basics
Reference no: EM132885088

Problem - A material is purchased for $ 3 per unit. Monthly usage is 1,500 units, the ordering cost is $ 50 per order and the annual carrying cost is 40%.

Required -

(a) Compute the economic order quantity.

(b) Determine the proper order size if the material can be purchased at a 5% discount in lots of 2,000 units.

Reference no: EM132885088

Questions Cloud

How much is the fair value traded in merchandise : How much is the fair value traded in merchandise? How much is the total Realized Gross Profit in 2018? How much is the monthly payment?
Indirectly with stakeholders of organization : What leadership style(s) would you choose and why to promote the sharing of knowledge directly and indirectly with the stakeholders of an organization?
What information should be reported in regard to profit : Which section of the authoritative literature indicates what information should be reported in regard to profit or loss and assets for reportable segments?
Discuss the tests the corporation : For segment reporting purposes, discuss the tests the corporation must apply to determine if a unit or component is an operating segment?
Determine the proper order size : Monthly usage is 1,500 units, the ordering cost is $ 50 per order and the annual carrying cost is 40%. Determine the proper order size
What is your initial reaction to sallys underperformance : What is your initial reaction to Sally's underperformance - What should you do now?
Calculate harry sum insured based on an investment rate : Calculate Harry's sum insured based on an investment rate of 4%. Harry earns $92 000 per annum and has $67 000 in superannuation. He does not currently have.
Clashing viewpoint in adolescent development : You will choose what you think is an important clashing viewpoint in adolescent development and describe both viewpoints
Determine the fair value of plan assets of ge as at march : Determine the fair value of plan assets of GE as at 31 March 2020. Determine the defined benefit obligation of GE as at 31 March 2020.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate the amount lost because of the fire

Calculate the amount lost because of the fire, assuming that the corporation had no insurance coverage

  Find what journal entries are needed to record the disposal

The accumulated depreciation was $138,000. What was the profit or loss on disposal, and what journal entries are needed to record the disposal?

  Discuss the periodic method of accounting

You have the following information for Jewels Gems. Jewels Gems uses the periodic method of accounting for its inventory transactions

  Illustrate the effects on the accounts of the sale

Assuming that the equipment was sold on January 7, 20Y4, for $185,000, illustrate the effects on the accounts and financial statements of the sale

  Determine the asset turnover for all three companies

Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); Determine the asset turnover for all three companies

  The adjusted trial balance of davisen company shows these

the adjusted trial balance of davisen company shows these data pertaining to sales at the end of its fiscal year

  Question - Preparing the Current Asset Section

Prepare the current asset section of a classified balance sheet given the following account balances on December 31, 2020

  Anchors-a traditional fishing anchor

Westfield Corporation makes two different boat anchors-a traditional fishing anchor and a high-end yacht anchor-using the same production machinery.

  Why you believe robust internal controls to be important

Draft a letter for Tim Blake to send to WM's investors to include the following: Why you believe robust internal controls to be important?

  Compare two countries in attitudes toward capital punishment

Based on several large studies, a researcher knew that 40 percent of the public in the United States favored capital punishment, 35 percent were against it.

  What would you estimate carpetto cost of equity to be

The earnings, dividends, and stock price of Carpetto Technologies Inc. are expected to grow at 7 percent per year in the future. Carpetto's common stock sells.

  What is the total deductible amount of these expenditures

Donna operates a talent agency as a sole proprietorship, and this year she incurred the following expenses in operating her talent agency.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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