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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?
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 ..
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. note that a question and its answers may be split across a
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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?
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Find What would be a legitimate reason for upper management to insist on an internal transfer even though the product could be sourced outside?
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