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Question - A building materials supplier obtains its bagged cement from a single source. The annual demand is normally distributed with the average of 3,000 tonnes and standard dev. of 220 tonnes. The lead-time for a supply is 10 days. Each time an order is placed, an administrative employee spends around one hour reviewing the inventory level, preparing the order, tracking the delivery, and updating records. When the delivery is received, it takes roughly one worker hour to unload, inspect, and store the material. The administrative staff member's wage is $30 per hour and the warehouse employees are paid $16 per worker hour. The delivery charges are included in the purchase price. The company purchases cement at $120 per tonne. The annual cost of capital is 10%. Other annual costs of holding inventory are estimated to be 5% of the purchase cost. How much should the company order at a time? What will be the Reorder Point if the desired service level during the lead time is 98%?
The contract is completed in 2019, with the total cost being $295,000. Determine the amount of adjustments for AMT purposes for 2018 and 2019
Lin Corporation has a single product whose selling price is $135 per unit. Calculate the unit sales needed to attain a target profit of $4,500
What cash payment will be necessary so that the balance can be liquidated by payments of P12, 500.00 at the end of each month for 18 months
How does a decrese in ratio of the time earned from 13.01 in 2019 to 7.18 in 2020 & a decrese in debt to asset ratio from 0.92 -0.90 influence the planning.
The preferred stock is cumulative, and the company did not pay a dividend in each of the two previous years.
Instructions - Prepare a cost of goods sold section for the year ending August 31 (periodic inventory)
The computer software which is not for sale can be used for five years. What is the annual amortization, if any, of the Intangible asset
pringle corporation has been authorized to issue 20000 shares of 100 par value 7 noncumulative preferred stock and
The 10 Generally Accepted Auditing Standards (GAAS) provide the foundation for all other auditing standards and interpretations. What is the definition of the standard of "due professional care," and how might a court decide whether an audit firm ..
many companies publish their annual reports on their website usually in an investor relations section. visit several
Do you think there should be other types of financial or service support to all senior adults in our country, what do you think the financial or service support
State how much each class of shares should receive if the preferred shares are non- cumulative and non-participanting
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