User Account

All Pages

What would be the average inventory level

Assignment Help Accounting Basics
Reference no: EM132550803

Question - Ann Chovies, owner of the Perfect Pasta Pizza Parlour, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and holding costs are 4 cents per pound per day. Lead time for each order is 3 days, and the pepperoni itself costs $3.00 per pound.

If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?

a. 100 pounds

b. 60 pounds

c. 80 pounds

d. 20 pounds

e. 40 pounds

Reference no: EM132550803

Questions Cloud

What is the projected operating income : Sales $150,000 Variable costs 30,000 40,000 Fixed costs Operating income $80,000 Required: If sales double in February, what is the projected operating income
Increase job range or job depth : Describe any attempts that employer has made to increase job range or job depth, evaluate whether or not these efforts appeared to be motivational to employees.
Which form of unemployment is affected by the minimum : Which form of unemployment is affected by the minimum wage and why?
Maximum increase in the money supply : Assume that Elliott deposits $1,000 in coins he collected into his checking account. The required reserve ratio for the banking system
What would be the average inventory level : Ann Chovies, owner of the Perfect Pasta Pizza Parlour, If she were to order 80 pounds of pepperoni at a time, what would be the average inventory level
Explain the difference between leaders and managers : Explain the difference between leaders and managers, as well as the influence and power they may have on the success of this program.
Macroeconomic concept is governor lowe : On 22 February 2019 Philip Lowe, the Governor of the Reserve Bank of Australia, told the house economics committee
Calculate the mean and median valuation ratios : Calculate the mean and median valuation ratios for the six peer firms and Calculate a weighted average price for DNKN and TXRH using a 0.40 weight
Prepare the equity section on the January : Prepare the equity section on the January 31, 2020, balance sheet, assuming profit earned during January 2020 was $597,500

Reviews

Write a Review

Accounting Basics Questions & Answers

  Journal entries for the conversion of bonds

The bonds are convertible into 30 shars of Haas $5 par value common stock for each $1,000 worth of bonds. On 12/31/08, after the bond interest has been paid, $20,000 face value bonds were converted. The market value of Haas common stock was $44 pe..

  Find the fixed costs for the month

Tasty Treats is a snow cone stand near the local park. anuary: # of snow cones-6,400, total operating costs $5,980, Using the high-low method, the fixed costs

  Problem related to credit period

Merchandise is ordered on June 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on June 16; the merchandise is received by the buyer on June 18; the entry is made in the buyer's accounts on ..

  Compute the annual depreciation to be charged

Early in 2001, an addition to the building was constructed at a cost of $575,000. Compute the annual depreciation to be charged, beginning with 2019

  Palmiero purchased a patent from vania co for 1127800 on

answer the questions asked about each of the factual situations. if answer is zero please enter 0. do not leave any

  What is depletion expense

There is no residual value. The company has extracted 2,500 tons of ore in 2015 and 3,800 tons of ore in 2016. What is depletion expense for 2016

  If a firm has the highest priceearnings ratio of any firm

if a firm has the highest priceearnings ratio of any firm in its industry then other things held constant this suggests

  Leonard corporation manufactures two products i and ii from

leonard corporation manufactures two products i and ii from a joint process. a single production costs 4000 and results

  Should firm m restructure the contract

Firm M and firm N are related parties. For the past several years, Firms M's marginal tax rate has been 34%, Firm N's marginal tax rate has been 25%

  Define what is a leadership and its styles

1. Define what is a leadership and its styles. 2. Evaluate leadership style's effectiveness. 3. Conclude some strong elements of leadership style.

  Journal the transactions in the given problem

Schrager Company has two production departments: Cutting and Assembly. July 1 inventories are Raw Materials $5, 100, Work in Process-Cutting $3, 600.

  Prepare the journal entry when job was completed

Wind Power Ltd uses a job order costing system. During the month of July, Wind Power Ltd has only one job W236. Prepare journal entry when job W236 completed

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