User Account

All Pages

What is the annual total inventory management cost

Assignment Help Financial Accounting
Reference no: EM133049249

Question - Books Depot, a large retailer of books, orders 7,212,857 books per year from its manufacturer. Books Depot plans on ordering books 24 times over the next year. Books Depot receives the same number of books each time it orders. The carrying cost is $0.06 per book per year. The ordering cost is $455 per order. What is the annual total inventory management cost of book inventory?

Reference no: EM133049249

Questions Cloud

Political risks to international business : 1. Analysis of any political risks to international business
Csr-corporate governance-carbon emissiona : How companies can shift to a better governance and reduce the carbon emissions? What effect these actions will have on Society and Economics Sustainability?
How much are you willing to pay : Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $2.00 a share. How much are you willing to pay
Managerial accounting concepts and principles : At this point, you have studied managerial accounting concepts and principles, job-order costing, process costing, ABC, cost behavior, and CVP analysis. Thinkin
What is the annual total inventory management cost : The carrying cost is $0.06 per book per year. The ordering cost is $455 per order. What is the annual total inventory management cost of book inventory
How income inequality may have knocked the nation : How income inequality may have knocked the nation's middle class on its heels and there's way too much money skewing our political system?
Describe the factors that trigger a mass-wasting event : Under the diagram, describe each of the components listed above, and explain how they are connected to the angle of repose.
Apply knowledge of hr principles : Apply knowledge of HR principles in a verbal presentation. This task requires knowledge of key HR principles, and emphasises strong communication skills
Determine cost of goods manufactured for the year : During the most recent? year, Perfect Fit incurred total manufacturing costs of $19,900,000. Determine cost of goods manufactured for the year

Reviews

Write a Review

Financial Accounting Questions & Answers

  Journalize the sales transactions for a-and-m products

Journalize the following sales transactions for A&M Products. The company uses a perpetual inventory system.

  Find how much is net carrying amount of right of use asset

Find how much is the net carrying amount of the right of use asset on December 31, 2021? An entity entered into a seven-year lease on December 31, 2020.

  What type of pension plan is administered by a trustee

What type of pension plan is administered by a trustee according to a formula for the amount of pension benefits the worker will receive when claimed

  Prepare unadjusted trial balance

Shah Reza, a 3rd Year accounting student, decided to carry out carwash services during the semester break to earn some extra income for the new academic session 2012/2013.

  Prepare a provision for doubtful debts account

Prepare a Provision for doubtful debts account for each of the years ended 31st dec 2005,2006 & 2007 and Bad debts written off account for each of the year

  Find how much will pay for the bond if purchased the bond

Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-­coupon. How much you will pay for the bond if you purchased the bond today?

  How much money will you have in the account

If you deposit $5,050 at the end of each of the next 20 years into an account paying 10.8% interest, how much money will you have in the account in 20 years

  Compute the standard deviation of the rate of return

Compute the standard deviation of the rate of return for the one year period. As a financial analyst you have concluded that coming year

  What type of a swap the bank could use

The mismatch between assets and liabilities can cause tremendous difficulties. Explain what type of a swap this bank could use and why?

  Discuss a result of gender role socialization

Consider some of your most basic behaviors: dressing, talking, walking etc. To what extent do you think these are a result of gender role socialization

  What the accumulated depreciation at the date of sale

The original cost of the truck was $24,000, and a loss of $3,800 was recognized on the sale. What the accumulated depreciation at the date of sale

  How do calculate the bond price today for general mills

How do Calculate the bond price today for General Mills? General Mills has a $1,000 par value, 11-year to maturity bond outstanding

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