What is the annual total inventory management cost of cheese

Assignment Help Financial Accounting
Reference no: EM132951697

Problem 1: Old Recipe Cheese Company purchases 8,433 boxes of cheese each year. It costs $22 to place and ship each order and $4.08 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. What is the annual total inventory management cost of cheese inventory?

Reference no: EM132951697

Questions Cloud

What are the costs associated with the proposal : A local bank has agreed to operate this lockbox system for a fee of $0.25 per check processed. What are the costs associated with the proposal?
What will be the resulting percentage change in ebit : The average selling price for one of their swim trunks is $76.24. What will be the resulting percentage change in EBIT if they expect units sold to changes
What annual carrying cost of cheese inventory for cheese co : The company is using Economic Order Quantity model in placing the orders. What is the annual carrying cost of cheese inventory?
Make the system profitable for sussex : Sussex Inc., a large fertilizer distributor based in Nova Scotia, is planning to use a lockbox system to speed up collections from its customers located on the
What is the annual total inventory management cost of cheese : The company is using Economic Order Quantity model in placing the orders. What is the annual total inventory management cost of cheese inventory?
Name three factors that affect the cost of capital : Name three factors that affect the cost of capital and that are beyond the firm's control.
What is the project IRR : A project has an initial cost of $45,000, expected net cash inflows of $9,000 per year for 9 years, and a cost of capital of 10%. What is the project's IRR
What is the annual ordering cost of the maps inventory : The carrying cost is $0.21 per maps per year. The ordering cost is $411 per order. What is the annual ordering cost of the maps inventory?
What is yield to call on bond : Brandi owns a 5% coupon rate callable bond that can be called in 8 years with a 3% call premium. What is her yield to call on this bond, assuming she just paid

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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