User Account

All Pages

What is the minimum total annual cost

Assignment Help Managerial Accounting
Reference no: EM133051482

Question - A school sees a constant demand rate of 80 boxes of pens per month. The fixed cost of placing an order is $15, and the holding cost for a box is $2 per year. Answer the following questions.

1. What is the minimum total annual cost that this school can achieve?

2. Suppose later when the school places orders according to the original EOQ, it turns out that the fixed cost of placing an order is $20. How will the wrong estimation of fixed cost aspect the total annual cost?

Reference no: EM133051482

Questions Cloud

Different types of csr : You are CEO of a major manufacturing company in Toronto, Canada. The board of directors has asked you to put together a list of different types of Corporate Soc
Different approaches in data mining : There are many different approaches in Data Mining. Explain and provide an example of the "Statistical Procedure Based Approach" in Data Mining?
Calculate the cost of the lost ending inventory : Credit card receipts indicate that there was $241,000 of sales since the beginning of the year. Calculate the cost of the lost ending inventory
How did the mortgage industry play a role in investments : -How did the mortgage industry play a role in investments? Is it right to pair prime and subprime together for investors without their knowledge?
What is the minimum total annual cost : The fixed cost of placing an order is $15, and the holding cost for a box is $2 per year. What is the minimum total annual cost
Define copying and paraphrasing : Define copying and paraphrasing. When are quotation marks and in-text citations required? When are you required to post a reference
What is ethan potential liability under the corporations act : What is Ethan's potential liability under the Corporations Act as it applies to company officers in his position
Operate in strategic harmony and winning fashion : Describe at least five (5) things you learned in the course that an organization should do to operate in strategic harmony and a winning fashion.
What kinds of actions he can initiate : Xavier now wants to initiate legal action against these 7 company directors. Advise him on what kinds of actions he can initiate and describe these actions

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Show the effect on financial statements

Evaluate the recommendation of the Vice president (Treating Ad as cost of production and overhead). The effect on financial statements and evaluate the recommendation of controller Morgan (Treating Ad as operating expense). The effect on financial ..

  What is retained earnings on december for c company

Later on the company buys back 10% of its common shares outstanding for $7 per share.Total equity on December 31 is $300,000. What is retained earnings on Dec?

  Questions 1 to 20 select the best answer to each question

questions 1 to 20 select the best answer to each question. note that a question and its answers may be split across a

  How the business change will affect audit risk components

How the business change will affect audit risk components. Explain the effects on the account of the opening of the first retail store.

  What is the margin related to years investment opportunity

What is the margin related to this year's investment opportunity? Westerville Company reported the results from last year's operations

  Calculate the accounts receivable balance on july

Calculate the Accounts Receivable balance on July 31st excluding uncollectible amounts. Cash Collections from sales are budgeted at 50% in the month of sale

  What are the differences between recours

What are the differences between recourse, nonrecourse, and qualified concourse liabilities? Which liabilities are considered at-risk?

  What will be the dividends for the year

Beginning of the year is $32,000 with net income (loss) of $3,000 and end of year retained earnings is $31,000, what will be the dividends for the year?

  What is the payback period

The cost savings from the equipment would result in an annual increase in cash flow of $114,000. What is the payback period

  How does the budgeting process davis and smith used

What are the behavioral implications of the way Davis and Smith went about preparing the master budget? How does the budgeting process Davis and Smith used

  What was the materials price variance for the month

Find What was the materials price variance for the month? The data pertain to operations concerning the product for the last month

  Find what would be a legitimate reason for upper management

Find What would be a legitimate reason for upper management to insist on an internal transfer even though the product could be sourced outside?

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