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AV City stocks and sells a particular brand of laptop. It costs the firm $625 each time it places an order with the manufacturer for the laptops. The cost of carrying one laptop in inventory for a year is $130. The store manager estimates that total annual demand for the laptops will be 1500 units, with a constant demand rate throughout the year. Orders are received within minutes after placement from a local warehouse maintained by the manufacturer. The store policy is never to have stockouts of the laptops. The store is open for business every day of the year except Christmas Day. Determine the following:
• a.Optimal order quantity per order• b.Minimum total annual inventory costs• c.The number of orders per year• d.The time between orders (in working days)
The Sofaworld Company purchases upholstery material from Barrett Textiles. The company uses 45,000 yards of material per year to make sofas. The cost of ordering material from the textile company is $1,500 per order. It costs Sofaworld $0.70 per yard annually to hold a yard of material in inventory. Determine the optimal number of yards of material Sofaworld should order, the minimum total inventory cost, the optimal number of orders per year, and the optimal time between orders.
Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
First interest payment on October 1 , 2012 and amortization of bond premium for six months, using the straight line method. (Round to the nearest dollar.)
In 2005, 509 Brunswick Avenue was sold for $550,000. A reasonable allocation of this amount is considered to be 75% to the building and 25% to the land.
the company believes that a reduction in sales price of 10 combined with an increase in advertising of 8000 will cause
why is the identification of favorable and unfavorable variances so important to a company? how can the identification
Dave claims the rings were promised to him and asks you as Judge to rule on his claim. How do you rule?
Why might we want to develop these initial expectations prior to beginning our analytical procedures?
bee company purchased 70 of apple corporation for 350000 on january 1 2008. on may 30 2008 apple corporation declared
The retail value of each computer is $3,000. Assuming that the District maintains its books and records in a manner that facilitates the preparation of the fund financial statements, what is the appropriate entry in the General Fund to record this..
hickory company manufactures two productsacirceuro14000 units of product y and 6000 units of product z. the company
a gain is recognized in a nontaxable exchange to the extent that you receive property or cashtrue or false and
balance sheet data for the dover hot tub company on december 31 the end of the fiscal year are shown at the top of the
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