Solution-What is the annual cost of the company

What is the annual cost of the company

Assignment Help Cost Accounting

Reference no: EM133272928

A company uses 1,500 units of Zeron per year. Each unit has an invoice cost of P222, including shipping costs. Because of the volatile nature of Zeron, it costs P860 for liability insurance on each shipment. The cost of carrying the inventory amount to P65 per item per year exclusive of a 20 percent cost of capital. Other order costs amount to P18 per order. At present, the company orders 250 units at a time. What is the annual cost of the company's current order policy?

Reference no: EM133272928

Questions Cloud

Company gross investment in plant and equipment : Consider the values for depreciation in 2021, and net fixed assets in both years. What was the company's gross investment in plant and equipment in 2021?

Determine dollar value of the interest expense : Use this information to determine the dollar value of the interest expense for the 2020 calendar year.

Determining the investment in november : Steve invested in two ETFs, November Capital and Oscar Capital, five years ago. They have both earned the same returns before expenses for the last 5 years, abo

Purchase of new garage building : Allstar Company signed a $300,000 mortgage on July 1, 2021 for the purchase of their new garage building.

What is the annual cost of the company : A company uses 1,500 units of Zeron per year. Each unit has an invoice cost of P222, including shipping costs. Because of the volatile nature of Zeron, it costs

The preferred stock was noncumulative and non-callable : Somerset Corporation had total stockholders' equity of $3,000,000. There was no treasury stock. The preferred stock was noncumulative and non-callable.

What is the maximum price that civic division : Lamothe Solutions is a management consulting firm. Its Business Division advises firms on the adoption and use of financial systems. Civic Division consults wit

Yield on the province of ontario bond : On February 2, 2016, an investor held some Province of Ontario stripped coupons in a self-administered RRSP at Scotia McLeod, an investment dealer.

Did obtain significant influence : On January 2, 2020, All Good Company purchased 5,000 shares of the stock of Big Bad Company, and DID obtain significant influence.

User Account

All Pages

What is the annual cost of the company

Reference no: EM133272928

Reference no: EM133272928

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT