What are the total carrying costs

Assignment Help Financial Accounting
Reference no: EM13853483

1. ABC Company sells 4,994 chairs a year at an average price per chair of $199. The carrying cost per unit is $32.43. The company orders 479 chairs at a time and has a fixed order cost of $25.3 per order. The chairs are sold out before they are restocked. What are the total carrying costs?

2. ABC Company sells 4,530 chairs a year at an average price per chair of $175. The carrying cost per unit is $39.27. The company orders 331 chairs at a time and has a fixed order cost of $121.9 per order. The chairs are sold out before they are restocked. What are the total shortage costs?

3. The exchange rate is 0.8863 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,678 Swiss francs?

4. Suppose it takes 1.39 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 15% against the pound over the next 30 days. What is the U.S. dollar/Pound exchange rate in 30 days?

5. In New York, you can exchange $1 for €0.8698 or £0.6758. Suppose that, in Berlin, £1 costs €1.1981. How much profit can you earn on $31,683 using triangle arbitrage?

6. ABC Company sells 4,321 chairs a year at an average price per chair of $167. The carrying cost per unit is $37.99. The company orders 500 chairs at a time and has a fixed order cost of $42 per order. The chairs are sold out before they are restocked. What is the economic order quantity?

7. You can exchange $1 for either C$1.2819 or ¥114.11. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for ¥ per C$.

8. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.3406 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.153 euros. What is the cross-rate of Swiss francs to euros (SF/Euro)?

9. Your friend from Germany has decided to come and visit you in the United States. You estimate the cost of her trip at $2,571. What is the cost to her in euros if the U.S. dollar equivalent of the euro is 1.1256?

10. Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.0617 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9631 euros. What is the cross-rate of euros to Swiss francs (Euro/SF)?

11. The exchange rate is 0.9882 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?

12. Suppose it takes 1.11 U.S. dollars today to purchase one British pound today. Currency forecasters predict that the U.S. dollar will depreciate by 11% against the pound over the next 30 days. What is the Pound/US Dollar exchange rate in 30 days?That is, how many pounds can 1 dollar buy in 30 days?

13. ABC Company sells 2,082 chairs a year at an average price per chair of $163. The carrying cost per unit is $15.32. The company orders 563 chairs at a time and has a fixed order cost of $76 per order. The chairs are sold out before they are restocked. How many orders will company place if it follows the economic order quantity model?

14. You just returned from a trip to Venezuela and have 6,856 bolivaresfuertes in your pocket. How many dollars will you receive when you exchange this money if the U.S. dollar equivalent of the bolivaresfuertes is 0.1344?

15. Suppose one U.S. dollar can purchase 133 yen today. If the yen depreciates by 11% tomorrow, how many yen could one U.S. dollar buy tomorrow?

Reference no: EM13853483

Questions Cloud

Yield and frequency : Consider a 5 year bond with face value of 100 and price of 101 that has a coupon of 6% . What is the yield of this bond if the coupon is paid?
Develop an agenda for your first meeting with project team : Develop an agenda for your first meeting with the project team, scheduled for October 1st. Include a description of the project and rough scope, time, and cost goals. Assume the purpose of the first meeting is to get everyone up to speed and to bu..
Significant number of anheuser busch employees : In 2008, the Board of Directors and shareholders of Anheuser Busch agreed to be acquired by a Belgian Brewer (InBev). Prior to the merger, InBev made many pledges to AB regarding how the company would operate after the merger, how its employees would..
Define noncompensatory rules used in purchase decision : Define noncompensatory rules used in purchase decision-making. Describe the types of rules that fall under this category.
What are the total carrying costs : ABC Company sells 4,994 chairs a year at an average price per chair of $199. The carrying cost per unit is $32.43. The company orders 479 chairs at a time and has a fixed order cost of $25.3 per order. The chairs are sold out before they are resto..
What is involved with successful branding : To what degree does the product align with the current trend of healthy living? How does the family life cycle work into discussion? What is involved with successful branding? Explain how solid brand management and positioning would impact this prod..
Activated carrier molecules and biosynthesis : Activated Carrier Molecules and Biosynthesis
What about more loans or loan guarantees : The traditional U.S. auto industry (the Big Three) has struggled for many years against competition from foreign-owned automobile companies. Their struggle was dramatically heightened in 2008 with the world-wide credit crunch and economic slowdown. W..
Total compensation system : After having studied chapter 10, explain how an organization's total compensation system can help the organization be effective or prevent it from being effective.Note: Your written assignment essay answer should total up to four (4) typed, double-sp..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Illustrate what will expected return and beta on portfolio

Alpha has an expected return of 13.0% and a beta of 1.50. The total value of your current portfolio is $90,000. Illustrate what will the expected return and beta on the portfolio be after the purchase of the Alpha stock?

  Priced to yield a negative contribution margin

A sporting goods retailer is running a monthly special, with snow skis and snowboards being priced to yield a negative contribution margin. What would motivate a retailer to do this?

  The objective of this case is to estimate the cost of

the objective of this case is to estimate the cost of capital the occ that ameritrade should use in evaluating

  Compute the per-unit sales price

Compute the per-unit sales price that Sutherland should charge Desk-Mate to earn $500,000 in monthly pretax profit on the sale of drives to Desk-Mate. Show your work on how you came up with answer.

  Prepare s and gs statement of cash flows

Prepare S&G's 2013 statement of cash flows, using the indirect method to present cash flows from operating activities.

  At 31st december 2012 mnc still has the same three products

at 31st december 2012 mnc still has the same three products in its inventory. updated information for every product

  Prepare a schedule of expected cash collections

Prepare a schedule showing expected cash disbursements for merchandise purchases and selling and administrative expenses for each of the months October, November, and December. (Omit the "$" sign in your response.)

  What would be the correct journal entries for this situation

What would be the correct journal entries for this situation? December 6-Received a billing statement and issued check number 33332 for $155 to Hollman Freight Company, for freight charges incurred for delivery of merchandise items from Boot Hill Too..

  Prepare the necessary entries to clear the intangible assets

Prepare the necessary entries to clear the Intangible Assets account and to set up separate accounts For distinct types of intangibles. Make the entries as of December 31, 2007,

  Find the machinery account

Each machine had an estimated useful life of 5 years and nil residual values. Straight line method of depreciation is used -  Find the machinery account, accumulated depreciation accont and disposal account as at 31.12.2013

  Determine the amount of over- or under-applied overhead

Determine the amount of over- or under-applied overhead and What is the significance of this over- or under-applied amount of overhead

  Compute cash payback period-net present value of investment

Palo Alto Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company’s current truck (not the least of which is that it runs). The new truck would cost $57,040. Compute the cash payback period and net p..

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