Peek, Inc. has calculated its economic order quantity at 500 units when its annual demand is 3,125 units. The cost to place an order is $ 10 and the cost to carry one unit in inventory is $ 0.25. What is the total ordering plus carrying cost for the year?
Answer to relevant QuestionsVigil Company uses 32,000 units each year during the 240 days the company operates. The cost to hold one unit in inventory is $ 0.50 and the ordering cost is $ 20. What is the economic order quantity? Refer to E5.14. Determine the amount of the expected cash outflow assuming that taxes and bonus are paid in the budgeting period. Determine the net income expected. Refer to P5.7. Assume Grauberger changes the bonus rate to 10 percent. Required A. If Grauberger’s bonus base is income before bonus or taxes, what is the expected bonus amount? B. If Grauberger’s bonus base is income ...Compare and contrast mandated and participatory budgeting. Niedringhaus Corporation’s sales revenue follows: Niedringhaus’s management estimates that 65 percent of credit sales will be collected in the month of sale with a 2% discount taken, and that 34 percent will be collected ...
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