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A petrochemical manufacturing company procures a specific chemical compound which costs Rs. 100 per kg. The cost incurred in placing the order has been worked out as Rs. 15 per order. The cost incurred in storage is 5% of purchase price per unit and 4% are insurance charges and 2% are expenses on misc. heads related to holding the compound. Annual usage is 5000 kg. Buffer stock maintained is 200 kg and average lead time is 5 days.
Calculate the following:
a) EOQ
b) Total inventory cost
c) ROL
d) Maximum Inventory
Dana La Fontsee opened Pro Window Washing Inc. on July 1, 2012. During July the following transactions were completed:
On the basis of the information above, determine the present value of the pension obligation (liability).
Prepare the entry required on December 31, 2013, to record the payment of the first 6 months' interest and the amortization of premium on the bonds.
Which of the following items would not be reported in the section on revenues and gains in the statement of activities of a private college or university?
The expected life and salvage value each are four years and $15,000 respectively. Lake Shuttle has an average cost of capital of 14%. A. Calculate the net present value of the investment opportunity.
How much is Pod Company's ending work in process inventory for the year?
Is Cost-Volume-Profit Analysis still relevant in the 21st Century business organization? Support your answer with reasoned arguments and references as appropriate.
Managerial accounting stresses accounting concepts and procedures that are relevant to preparing reports for:
Assume the CFO of your organization approaches you to ask your advice about implementing the Balanced Scorecard at your organization.
What is the break-even point expressed in dollar sales? How many units must be sold to earn a net operating income of $100,000 per year? Prepare a formal income statement for the year ended December 31, 2011 under the following:
based on background information, what are the major inherent risks in the Securimax audit? Consider both industry and entity risks in your answer? 2. Discuss the factors to consider when determining preliminary materiality for Securimax.
One idea that the consultant had was to reduce prices to bring in more customers. If average prices were reduced ten percent (10%), and the number of sales tickets (unit sales) increased to 7,500, would the company's income be increased? With prices ..
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