Reference no: EM132935412
Question - Scouts Corp. projects its sales to be 1,000 units this year. As a result of holding inventories, insurance, storage, taxes and other cost are incurred amounted to P2 per unit per year. Every time Scouts Corp. makes an order, P10 is incurred. On the average it takes 3 days to make and receive an order. (Use 360 days a year).
1. How much transaction or ordering cost are incurred each year?
2. How much is the annual cost of inventory?
3. What is the reorder point?
Assuming Scouts Corp.'s inventory may take as 5 days to respond:
4. How much safety stock should the company keep?
5. How many units of inventory is the average daily usage?
6. What is the normal lead time usage?
7. What is the reorder point?
|
Calculate the amount james needs to save each year
: Calculate the amount James needs to save each year so that he can achieve his plan of retirement. You are required to draw a timeline of cash flows.
|
|
Calculate the amount of revenue recognised by Hobart Ltd
: During April 2020, Hobart Ltd sold 200 products on credit for $50 each. Calculate the amount of revenue recognised by Hobart Ltd in April
|
|
How many of the statements are true and how many are false
: How many of the statements are true and how many are false? Money market instruments are short-term instruments with marketability and pay liquidity premiums
|
|
When must an employer with a bi-weekly pay period issue
: When must an employer with a bi-weekly pay period issue an electronic Record of Employment? 15 calendar days after the first day of the interruption of earnings
|
|
What is the normal lead time usage
: As a result of holding inventories, insurance, storage, taxes and other cost are incurred amounted to P2 per unit per year. What is the normal lead time usage
|
|
What a company with monthly revenue has contribution margin
: A company with monthly revenue of $160,000, variable costs of $60,000, and fixed costs of $44,000 has a contribution margin of?
|
|
Compute the amount to be received by bb
: Compute the amount to be received (paid) by BB during cash settlement. BB, WW and FF decide that net income, if any will be allocated first by the P2,500.
|
|
What is the annual worth
: An investment of Php 240,000 has an annual income of Php 180000 for 9 years. its salvage value is Php13000. What is the annual worth
|
|
Which interest of retiring partner is usually measured
: S1: Joint Control is present if tow ore more parties have greater than 50% Control.S2: One Party has more than 50% in a joint arrangement.
|