User Account

All Pages

Find what would be the reorder point of the clay stock

Assignment Help Managerial Accounting
Reference no: EM132546770

A pottery company required 3500 tonnes of clay per annum to produce garden pots and the cost per order was $100 and the carrying cost was $0.80 per tonne. Lead time is 2 months and usage may vary from 320 maximum to 180 minimum per month.

Required:

Question a) What would be the economic order quantity of clay (how many tonnes at a time should be ordered)?

Question b) What would be the reorder point of their clay stocks? (in tonnes)

Reference no: EM132546770

Questions Cloud

What would be the present- day value of that future sum : What would be the present- day value of that future sum if it were received in 5 years. Show your calculations for converting a future amount
Why would a bond be sold on a premium or discount : You may use graphs, equations, or other aids to assist your explanation.
What is ramirez ending cash balance on december : What is Ramirez's ending cash balance on December 31, 2018? Ramirez Company had a cash balance of $68,500 on December 31, 2017.
What is realized gain and recognized gain : The marketable securities have a $28,000 FMV. What is his realized gain, recognized gain, and the basis for the apartment building
Find what would be the reorder point of the clay stock : A pottery company required 3500 tonnes of clay per annum, What would be the economic order quantity of clay (how many tonnes at a time should be ordered)?
Discuss the implications for a business : Discuss the implications for a business if a substance approach is used for reporting of convertible bonds. Explain what is meant by the term split accounting
What is the current market price of the bonds : The current market rate of interest on the Fresh Water, Inc. bonds is 12.48 percent. What is the current market price of the bonds? Round the answer to two deci
Calculate transfer price if base on standard absorption cost : Frame Division is 125 percent of direct labor cost. Calculate the transfer price if it is based on standard absorption cost plus a 10 percent markup.
Calculate the current value of the firm equity : The Giant Machinery has the current capital structure of 65% equity and 35% debt. Its net income in the current year is $250,000. The company

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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