What is the annual ordering cost of the post card inventory

Assignment Help Managerial Accounting
Reference no: EM131137632

Cheeseburger and Taco Company purchases 18,369 boxes of cheese each year. It costs $27 to place and ship each order and $9.71 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

What is the annual ordering cost of the post card inventory.

Reference no: EM131137632

Questions Cloud

The p-value corresponding to the observed : A study of the number of business lunches that executives in the insurance and banking industries claim as deductible expenses per month was based on random samples and yielded the following results:
Estimate the undrained shear strength of a sample : Estimate the undrained shear strength of a sample of this clay if Ro = 15 and the initial stresses are the same as the sample that was tested. The consolidation parameters are λ = 0.28 and k = 0.06.
What is the expected return on rkp : The risk-free rate of return is currently 0.05, whereas themarket risk premium is 0.05. If the beta of RKP, Inc., stock is1.6, then what is the expected return on RKP
Sample surveys conducted in a large county : Sample surveys conducted in a large county in a certain year and again 20 years later showed that originally the average height of 400 ten-year-old boys was 53.8 inches with a standard deviation of 2.4 inches, whereas 20 years later the average he..
What is the annual ordering cost of the post card inventory : Cheeseburger and Taco Company purchases 18,369 boxes of cheese each year. What is the annual ordering cost of the post card inventory
Prepare the contract account : Required: Charge indirect expenses at 15% on wages. Provide kshs. 10000 for depreciation on plant and prepare the contract account
Examine competitive firm that you recently purchased product : Examine a perfectly competitive firm that you have recently purchased a product from, focusing specifically on how the firm operates relative to the characteristics of the market.
Consider a binomial distribution with 15 identical trials : 1. Determine whether each of the distributions given below represents a probability distribution. Justify your answer. 2. Consider a binomial distribution with 15 identical trials, and a probability of success of 0.5
Public corporations with subsidiaries throughout the world : Both Berkley and Oakley are large public corporations with subsidiaries throughout the world. Berkley uses a centralized approach and makes most of the decisions for its subsidiaries. Oakley uses a decentralized approach and its subsidiaries make man..

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare a report for the forming department

Prepare a report for the Forming Department for October showing how much cost should have been assigned to the units completed and transferred to the Stamping Department and to the ending work in process inventory.

  Decentralization and why firms choose to decentralize

Explain decentralization and why firms choose to decentralize.

  State the optimum meal mix and the resulting profit

Explain to the General Manager what transfer pricing is and what are two methods that can be used to set the price between divisions?

  Conduct a multiple regression of overhead

Develop scatter diagrams showing overhead costs against each of the proposed independent variables. Comment on whether these scatter diagrams indicate that linearity is a reasonable assumption for each.

  What effective annual interest rate does the firm earn

What effective annual interest rate does the firm earn when a customer does not take the discount? Without doing any calculations, explain what will happen to this effective rate if:

  Operating activities section of the statement of cash flows

Prepare the operating activities section of the statement of cash flows for 2014 for ABC Remodel using the indirect method.

  Variable cost per unit

what must variable cost per unit be in 2015 for X company profit to be the same as they were in 2014

  Calculate bay area cycles break-even point in units

Refer to the current information for Bay Area Cycle Co. in Mini-Exercise 12.4. In Mini-Exercise 12.4, Current operating income for Bay Area Cycles Co. is $70,000. Selling price per unit is $100, the contribution margin ratio is 35% and fixed expense ..

  Price bus lines provides school bus service

Price Bus Lines provides school bus service to two school districts: East and West.Price has one support centre that is responsible for service, maintenance, and cleanup of its buses. The costs of the support centre are allocated to each district on ..

  Efficient in terms of pizza product per worker

Which inputs are fixed and which are variable in the production function of William's pizza shop? Over what ranges do there appear to be increasing, constant, and/or diminishing returns to the number of workers employed?

  Prepare the journal entries in the books of federation ltd

Required: Prepare the journal entries in the books of Federation Ltd to record the acquisition of Nigeria Pty Ltd and a statement of financial position for Federation Ltd immediately after the acquisition

  Estimating costs based on behavior patterns

Estimating costs based on behavior patterns. The following information provides the amount of cost incurred in August for the cost items indicated. During August, 8,000 units of the firm's single product were manufactured.

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!

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