User Account

All Pages

Find the annual total inventory management costs

Assignment Help Financial Accounting
Reference no: EM132960122

Question - Post Card Depot, an large retailer of post cards, orders 4,985,887 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 13 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.30 per post card per year. The ordering cost is $384 per order. Find the annual total inventory management costs of post card inventory?

Reference no: EM132960122

Questions Cloud

What is the amount of dividends Veri Company declared : The company's net income earned during the year is $4.8 million. What is the amount of dividends Veri Company declared and paid
What is the total overhead cost assigned to the order : What is the total overhead cost assigned to the order for heavy-duty trailer axles? Durban Metal Products, Ltd., of the Republic of South Africa makes specialty
What is the maximum contribution margin : Assuming that Barlow's estimated customer demand is 500 units per product line, what is the maximum contribution margin the company can earn
What want to maintain a positive self-image is known as : What others think of them, and want to maintain a positive self-image is known as? The phenomenon is which individuals are more motivated to work
Find the annual total inventory management costs : The carrying cost is $0.30 per post card per year. The ordering cost is $384 per order. Find the annual total inventory management costs of post card inventory
What would be the company expected operating income : If unit sales were increased by 10% and fixed expenses were reduced by $2,000, what would be the company's expected operating income?
What is the journal entry to record the change : After recording the depreciation as of Jul. 1, 2026, what is the journal entry to record the change in revaluation using the proportionate method
Record current price and the number of shares outstanding : Record the current price and the number of shares outstanding. In your role as a consultant at a wealth management firm, you have been assigned a very powerful
How you record this transaction in the cash flow statement : In the previous year, a business associate withdrew 5,00,000 in cash from its current bank account to pay a supplier who accepts payments in cash only

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd