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1. Monthly demand for an inventory item currently averages 160 units. The annual carrying cost is $10 per unit. Ordering cost is $60 per order. This information applies to all of the questions on this page.
Find the EOQ. Please show the formula (with values) you used.
2. Suppose instead of using the EOQ, we decide to use Q = 200 for the item in the question above.What is the average cycle stock inventory under this policy? Show your work and clearly label your answer.
3. Suppose instead of using the EOQ, we decide to use Q = 200 for the item in the question above.What is the average number of orders per year under this policy? Show your work and clearly label your answer.
4. Suppose instead of using the EOQ, we decide to use Q = 200 for the item in the question above.What is the average annual ordering cost under this policy? Show your work and clearly label your answer.
5. Suppose instead of using the EOQ, we decide to use Q = 200 for the item in the question above.What is the average annual carrying cost under this policy? Show your work and clearly label your answer.
During the current year, the Yellow Rose Company completed construction of a new assembly facility in Ocala, Florida. The facility will receive components from Yellow Rose other facilities and assemble them for shipment to distributors. The follow..
Discuss how gift and estate taxes are "unified." What is the impact of taxable gifts on the donor's death tax base?
Profit, charges, and break-even without and with overhead. A number of years ago, at the request of its employees, Jack Winslow and Company converted one of its small rooms to house a small pharmacy for its employees in which they can buy a few po..
DeCort Company had these adjusting entry situations at the end of December:May 1-paid $960 for a two -year insurance policy. The policy was for the period May 1-April 30(for 2yrs). This is the first year of the policy-Transaction was recorded as i..
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There was $800 of supplies on hand at the end of the year. Prepare the adjusting entry for the end of the year.
Crown Industries has the following information about its standards and production activity for December-Assume the allocation base for fixed overhead costs is the number of units to be produced.
Innovative Furnishing Solutions (IFS) a division of Steelman Corporation: Asset turnover Profit margin, Target rate of return on investments for RI, Cost of capital and other operational data, to compute the segment margin and the average assets f..
Prepare journal entries to record the following retirement. (Show computations and round to the nearest dollar). The December 31, 2010 balance sheet of Wolfe Co. included the following items:
A VP of operations has asked you to make recommendations at the weekly status meeting on how to improve the efficiency and effectiveness of each producing sub processes individually and as a whole.
On May 10, 2007, Wiley, Inc remitted $91,450 to the state tax division for April 2007 sales. Calculate the amount of Wiley's April 2007 sales subject to sales tax, and, record the journal entry that would be made when the tax is paid:
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