What are the annual ordering costs

Assignment Help Managerial Accounting
Reference no: EM132550952

Question 1: Adrian Accessories requires 2500 tablets per year. Kimberley, the managing director has decides to order 50 tablets as a time. The cost of ordering is $30 per order and carrying costs are $3. What are the annual ordering costs?

Selected Answer:

Option 1: $1500

Option 2: $4150

Option 3: $4167

Option 4: $1560

Reference no: EM132550952

Questions Cloud

Find what number of these products should purchase : Find what number of these products should it purchase from GenAdd in order to fill the customer demand at the lowest possible cost?
Create a basic menu-driven program : Create a basic menu-driven program - create both pseudocode and a flowchart to design an application that displays
Analyze the impact of healthcare financing : Analyze the impact of healthcare financing and health insurance on healthcare access, quality, and cost. Determine the factors that affect healthcare quality.
Explain how the price that canadian consumers pay : Before 1995, trade between Canada and Mexico was subject to tariffs.In 1995, Mexico joined NAFTA and all Canadian
What are the annual ordering costs : What are the annual ordering costs? Adrian Accessories requires 2500 tablets per year. Kimberley, the managing director has decides to order 50 tablets
What kind of macroeconomic policy should canada follow : Should it be fiscal policy, monetary policy or supply-side policies according to its economic conditions?
Why are some countries today much poorer : Why are some countries today much poorer than other countries?
What will be the real value of money : What will be the real value of money received by him by the end of the year if the inflation is 5%?
Prepare journal entries to record transactions assuming bata : Prepare Journal entries to record the transactions; assuming Bata Pakistan uses Perpetual inventory system and uses Periodic inventory system

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Compute the manufacturing margin for the company

$57 in variable production cost and $26 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.

  Create purchases budget for april through june

Create purchases budget for April through June. In addition, the gross profit rate is 40% and the desired inventory level is 30% of next month's cost of sales.

  Tajiri corporation uses customers served as its measure

Tajiri Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of May:

  Calculate the direct materials usage and price variances

Calculate the Direct Materials Usage and Price Variances. During March, Gul Ahmed Fabrics Corporation manufactured 1,000 units of a special multilayer fabric

  Calculate the contribution margin for each product

Instead of producing the product mix in part (b), management wishes to use linear programming to find the profit-maximising mix. Write an LP model, and then use Excel's Solver to determine the optimum weekly mix and the resulting weekly profit ..

  Classification of cost what are the ways in which cost be

what are the ways in which cost be be classified to suit management needs.give examples of the

  Prepare a cash budget for the period october to december

Prepare a cash budget for the period October to December 2009, indicating the extent of the bank facilities the company will require at the end of each month:

  1required11 calculate the additional expenditure that the

1required1.1 calculate the additional expenditure that the company can afford on advertising.1.2 calculate the total

  How much overhead cost would be assigned to each product

How much overhead cost would be assigned to each of the two products using the company's activity-based costing system? (Round your intermediate calculations )

  What is the accounting cost per unit of backpacks

Suppose that the company decided to assign the accounting costs directly to the product lines using the number of transactions as the activity driver. What is the accounting cost per unit of backpacks?

  Question on segment margin

Martin Company is a two-division firm and has following information available for this year:

  Compute cost per equivalent unit for weighted-average

Compute the cost per equivalent unit for both the weighted-average and FIFO methods. (Round your answers to 3 decimal places.)

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!

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