Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2,800 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $7 per unit of average inventory. Every time an order is placed for more item X, it costs $18.

Answers

Answer 1

The Economic Order Quantity (EOQ) for item X is 200.

The Economic Order Quantity (EOQ) is a formula used to determine the optimal order quantity that minimizes total inventory costs. The formula for EOQ is given by:

EOQ = √((2DS) / H)

Where:

D = Annual demand for the item

S = Ordering cost per order

H = Holding cost per unit per year

In this case:

D = 2,800 (annual demand for item X)

S = $18 (ordering cost per order)

H = $7 (holding cost per unit per year)

Plugging these values into the EOQ formula, we get:

EOQ = √((2 * 2,800 * $18) / $7)

= √((100,800) / $7)

≈ √14,400

≈ 120

Therefore, the Economic Order Quantity (EOQ) for item X is approximately 120 units. This means that the company should place orders for item X in quantities of 120 units to minimize its total inventory costs, considering the trade-off between ordering costs and holding costs.

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Related Questions

If an unemployed person quits looking for work, then, eventually the unemployment rate.

Answers

The Unemployment Rate is increases the measure of unemployment that is used most commonly. This is the ratio of the labour force’s size to the number of unemployed people.

The situation of not having a job and not actively seeking one is known as unemployment. It can also be described as the situation in which someone is actively looking for work yet is having trouble doing it. In addition, economists consider unemployment. Unemployment is the state of being able and willing to work yet unable to obtain employment.One of my employees had to travel to his homeland because of an urgent situation.One of my employees was required to travel to his homeland due to an emergency.

He was employed for a supermarket store. He lost his job because it took him 15 days to return, another person was employed in his place, and he is currently looking for another work.When someone actively seeks work but is unable to find it, they are said to be unemployed. The unemployment rate is a key metric for assessing the health of the economy.

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How many corporations still offer their employees a pension plan
10%
50%
12%
20%

Answers

The answer is mostly likely 12%

A customer calls the support center of a company to get advice on which digital camera is best for her needs. The customer support employee listens to her needs and provides recommendations appropriate for her.

Answers

Answer:be fair and honest with customers

Explanation:

Answer:

Be fair and honest with customers.

Mark Simpson earns $980 biweekly as a security guard for Albany Med. His group medical insurance costs $7,000 a year. The company pays 90% of the cost of medical insurance. How much is deducted from Marks biweekly paycheck for medical coverage

Answers

Answer:

$26.923

Explanation:

Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year

if the company pays 90% of $7000, then Mark pays 10% of $7000

Mark pays = 10/100 x $7000

=0.1 x $7000

=$700

The amount of $700 is spread over 26 weeks.

Each paycheck, Mark will be deducted

=$700/26

=$26.923 per check

on january 1, hauser company issues $2 million face amount, 10-year bonds. issue costs associated with these bonds are $100,000. how are the issue costs accounted for?

Answers

The issue costs associated with the bonds issued by Hauser Company will be accounted for as a deferred charge and amortized over the life of the bond using the effective interest method.

In this case, the total issue costs are $100,000, which will be recorded as a deferred charge on the balance sheet. The deferred charge will be gradually reduced over the life of the bond through periodic amortization entries.

To calculate the periodic amortization amount, the total issue costs are divided by the total number of interest payments that will be made over the life of the bond. For example, if the bond pays interest semi-annually for 10 years, there will be a total of 20 interest payments made. The periodic amortization amount would be calculated as $100,000 / 20 = $5,000.

At the end of each period, the periodic amortization amount will be recorded as an expense on the organizations income statement, and the deferred charge will be reduced by the same amount on the balance sheet.

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hey what time do you start work tommorow babe tell me now or i will come to yoyur house tonigh

Answers

Explanation:

9 am  why

Answer:

oop- late f`ree points. :)

\(AnimeVines\)

american food services, incorporated, acquired a packaging machine from barton and barton corporation. barton and barton completed construction of the machine on january 1, 2024. in payment for the $4.5 million machine, american food services issued a four-year installment note to be paid in four equal payments at the end of each year. the payments include interest at the rate of 10%.

Answers

American Food Services, Incorporated acquired a packaging machine from Barton and Barton Corporation for $4.5 million. In payment for the machine, American Food Services issued a four-year installment note with equal payments at the end of each year, including interest at a rate of 10%.

The explanation is as follows: American Food Services entered into a transaction with Barton and Barton Corporation to purchase a packaging machine. The total cost of the machine was $4.5 million. Instead of paying the full amount upfront, American Food Services chose to issue a four-year installment note, spreading the payments over four years. The installment note requires equal payments to be made at the end of each year. Additionally, the note includes interest at a rate of 10%, which is calculated based on the outstanding balance of the note each year. This means that American Food Services will pay interest on the remaining balance of the note each year until it is fully paid off after four years. The installment note provides a structured payment plan for American Food Services to gradually repay the cost of the packaging machine while also accounting for the interest charges.

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what is the law of demand and supply


Answers

Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.

Explanation:

Suppose that Felicia borrowed $10,000 from Wells Fargo to pay for college expenses and the inflation rate dropped unexpectedly. Who is likely to benefit from this change?
A. Both Felicia and Wells Fargo are likely to benefit equally from this change.
B. Wells Fargo benefits because the money being paid back has more purchasing power than expected.
C. Felicia benefits because the money she pays back has less purchasing power than expected.
D. Neither Felicia nor Wells Fargo would benefit from this change.

Answers

Suppose that Felicia borrowed $10,000 from Wells Fargo to pay for college expenses and the inflation rate dropped unexpectedly. Felicia benefits because the money she pays back has less purchasing power than expected.

Option (C) is the correct answer.

Inflation refers to the general rise in prices in an economy that reduces the value of money. Inflation can be caused by a variety of factors, including increased government spending, a decrease in taxes, and a rise in demand. When the inflation rate rises, money becomes worth less, and it takes more currency to buy the same amount of goods or services. Inflation has the following impacts: Reducing the value of cash and savings; Discouraging investment; and Increasing the expense of borrowing money. In the case of Felicia and Wells Fargo, it is beneficial for Felicia because she will be paying back the money with less purchasing power, which means that the loan's cost to her has decreased. However, for Wells Fargo, the situation is different. They are likely to benefit from this change because the money being paid back has more purchasing power than expected.

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Audits are of value becausea. when financial statements are audited, they are accurateb. when f/s are audited, investors have more confidence in their fairness and reliabilityc. the IRS accepts them and the company will not have to pay additional taxesd. the PCAOB requires them

Answers

Audits are of value primarily because when financial statements are audited, investors have more confidence in their fairness and reliability (option b).

Audits provide assurance that the financial statements are presented fairly in accordance with generally accepted accounting principles (GAAP) or other applicable frameworks. The audit process involves a systematic and objective evaluation of the financial statements and the underlying transactions and records, providing an independent and unbiased opinion on their accuracy and completeness. This helps investors and other stakeholders make informed decisions based on the financial information presented.

While audits may also be accepted by the IRS and may help prevent additional taxes or penalties, this is not their primary purpose. The PCAOB does require audits of public companies, but this is to ensure that they meet high standards of audit quality and provide reliable financial information to investors.

Option b is answer.

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.Who is responsible for overseeing the scope, schedule, budget, and quality of a project?
a. Project sponsor
b. Project manager
c. Product lead
d. Primary stakeholders

Answers

b. Project manager is responsible for overseeing the scope, schedule, budget, and quality of a project. The project manager is the person who is responsible for planning, executing, and closing a project.

They are accountable for ensuring that the project is completed within the specified scope, schedule, budget, and quality parameters. The project manager is responsible for managing the project team, communicating with stakeholders, identifying and managing project risks, and ensuring that the project is aligned with the organization's strategic goals. The project manager works closely with the project sponsor, who provides strategic direction and support for the project, as well as with the product lead and primary stakeholders to ensure that the project meets their needs and expectations.

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how much do child life specialists make a month :)
just asking...
for a friend

Answers

Uhh like any other job it varies but uhh on average I’d say about $50,000 a year. But it ranges from 15,000 to 120,000. And the average hourly pay is like $16-$25 and hour.

Hope this helps!

If a central bank wanted to increase the money supply, what would it most likely do? a. It would make open-market purchases and raise the bank rate. b. It would make open-market purchases and lower the bank rate. c. It would make open-market sales and lower the bank rate. d. It would make open-market sales and raise the bank rate.

Answers

Answer:

b. It would make open-market purchases and lower the bank rate

Explanation:

If the central bank wants to increase the supply of money in the economy it must conduct the purchase of securities in the open market, when the central bank will purchase securities it will offer money to the public in return for the purchase, leading to an increase in the supply of money. The central bank can also decrease the bank rate, a fall in the bank rate will make it cheaper for the commercial banks to lend money, so they will also charge less rate of interest on the loans offered to the public, hence incentivising people to take loans from the bank and thus increasing the supply of money in the economy.

Ally, a minor, purchases a car from a used-car dealer. The law allows minors the right to cancel a contract until the time the minor turns 18. The contract between Ally and the dealer is Multiple Choice an unenforceable contract. a valid contract. a voidable contract. a void contract.

Answers

Answer:

Her contract is C) A VOIDABLE CONTRACT

Explanation:

hope this helps :)

The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw materials is considered a non-value activity.

Answers

Answer:

TRUE

Explanation:

Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.

If the customers does not wish to pay the price, then there is no value.

So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.

Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.

according to management GRID by Black &Moton please explain
the five leadership styles

Answers

Management Grid by Black and Moton is a leadership model that suggests that a leader's style can be determined by assessing their concern for individuals and their concern for production.

The grid consists of five leadership styles:

1. Impoverished management style - This style is characterized by low concern for both people and production. Leaders with this style are disengaged from their responsibilities, demonstrating minimum effort in their work.

2. Produce or Perish style - Leaders who use this style demonstrate high concern for production but low concern for individuals. They are autocratic and place a premium on meeting objectives regardless of the effect on their employees' well-being.

3. Middle of the road management style - Leaders who use this style strike a balance between concern for production and concern for people. They want to meet targets, but they also recognize the importance of taking care of their staff. They avoid taking extreme positions to ensure that the workplace runs smoothly.

4. Country club management style - Leaders who use this style demonstrate a high degree of concern for individuals but a low degree of concern for production. They are preoccupied with building relationships with employees to the detriment of the business.

5. Team management style - Leaders who use this style demonstrate high concern for both production and individuals. They foster an environment that promotes teamwork and collaboration to achieve organizational objectives.

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According to FoolProof and most consumer groups credit cards have a huge
and usually bad impact on a young person's ability to budget and save. Tell us
which statements about credit cards are correct.
1. Every time you use your credit card you are borrowing money from a
stranger.
2. My credit card company says I can owe up to $1,000 on my credit card.
Therefore as long as I pay off my bill in full every month, the maximum I
should charge on my credit card is $800.
3. Many credit card companies charge a "teaser" rate to get you to take their
card and then raise that rate later.
4. According to FoolProof, and many other consumer groups, some credit
cards designed for young people are the worst credit card's you could ever
get.
5. Credit card companies charge you interest any time you charge a

Answers

True statements include Using a credit card entails taking out a loan from the business. Teaser rates might go up. Some young people's credit cards have low limits and exorbitant fees. On unpaid debt, interest is applied.

Which two of the following statements accurately define financial credit?

Credit comes in the form of loans and credit cards. Lenders, companies, and future employers use financial credit to assess a person's reliability.

Which of the following points ought to be taken into account while creating a spend plan?

A spending plan should account for all of your income, expenses, and savings contributions. Unexpected expenses like family vacations should be included in a spending plan in addition to normal monthly expenditures like rent and bills.

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What amazon site supports rosies, a local charity in brisbane, australia, to provide food and a friendly face for those who are experiencing homelessness?

Answers

Aboutamazon is an amazon site supports rosies, a local charity in brisbane, australia, to provide food and a friendly face for those who are experiencing homelessness.

What is meant by a local charity?

A local charity is one that was founded for objectives that are, by nature or by the charity's trusts, primarily or entirely for the benefit of that area or a portion of it.

Most organizations provide assistance to those in need, frequently as a last resort. They assist individuals locally and globally. They support the environment and spread knowledge about a variety of crucial concerns. They're also healthy for you.

an organization that doesn't focus on making a profit and instead works to aid individuals in need by giving them money, food, or other support. It may also engage in activities like medical research. the money received from selling

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What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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How can costs of entertainment be minimized through distribution channel management?

Answers

Costs of entertainment be minimized through distribution channel management:

Increasing or choosing the channel intermediates with care.The importance of supply chain management is being raised.

Distribution channel management is a technique for controlling the flow of goods from producers or manufacturers to the final consumer. A distribution channel is a way for companies to move their goods.

Through channel management, a business may better meet the demands of its clients. The approaches you employ to support your partners who assist with the distribution process, how you manage vendors, and your marketing and sales strategies are all part of channel management.

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Suppose that Defenestration decides to pay a dividend of only $2 per share this year and use the remaining $2 per share to repurchase stock. If Defenestration maintains this dividend and total payout rate, then the rate at which Defenestration's dividends and earnings per share are expected to grow is closest to what?

Answers

Answer:

Missing word "Defenestration Industries plans to pay a $4.00 dividend this year and you expect that the firm's earnings are on track to grow at 5% per year for the foreseeable future. Defenestration's equity cost of capital is 13%."

P0 = dividend payout per share/ (k-g)

Where g is firms earning growth = 5% or 0.05

And k is the cost of capital = 13% or 0.13

Therefore P0 = $4 / (0.13 -0.05) = $50

But if the payout is $2 per share and $2 per share is used to repurchase stock then to get the price of the stock in one year given the current price of $50.00, dividend at $2 and the 13% cost of capital we get

$50 = $2 + X / (1.13)

Therefore x = $54.5

At a current price of $50, we can expect that Defenestration Industries stock to sell for $54.50 immediately after the firm pays the dividend in one year

Therefore the growth is (54.5 -50)/50 = 9%

The following information is available for Sheridan Company:

Sales $670000
Total fixed expenses $150000
Cost of goods sold 470000
Total variable expenses 420000

A CVP income statement would report:_______

a. Gross profit of $160,000
b. contribution margin of $400,000
c. gross profit of $190,000
d. contribution margin of $190,000

Answers

Answer:

The answer is $250,000

Explanation:

NOTE: The answer to the question is not among the options.

Contribution margin in Cost-Volume-Profit (CVP) is sales minus variable cost.

Sales - $670,000

Total variable expenses $420,000

Therefore in CVP income statement, contribution margin is:

$670,000 - $420,000

= $250,000.

Gross profit is can never be calculated in CVP income statement

Retained Earnings is analyzed when preparing the statement of cash flows to help determine the amount of ______. (Select all that apply.)
a) dividend
b) payments c) under financing d) activities

Answers

The a) dividend payments, as Retained Earnings represents the accumulated profits of a company that have not been distributed to shareholders in the form of dividends.

By analyzing the change in Retained Earnings from the beginning to the end of the period in the statement of cash flows, one can determine how much of the net income was retained by the company and how much was distributed as dividends.  This information is important for investors and analysts to understand the company's dividend policy and potential for future dividend payments.

This helps determine the amount of dividends paid during the period, as well as the financing activities conducted by the company, such as issuing stock or repaying loans.

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Which of the following is a measure of recovery when a quasi-contract is involved?
A. The amount set forth in the contract.
B. The fair market value of the matter involved.
C. The wholesale price of any good involved.
D. In situations in which the court imposes a quasi-contract, the amount awarded will probably be based on fair market value.

Answers

Answer:

D. In situations in which the court imposes a quasi-contract, the amount awarded will probably be based on fair market value.

Explanation:

When a quasi-contract is involved, the measure of recovery is typically based on the fair market value of the matter involved.

A quasi-contract, also known as an implied-in-law contract, is a legal remedy used by courts to prevent unjust enrichment.

It applies in situations where no formal contract exists, but one party has received a benefit at the expense of another.

The purpose of a quasi-contract is to restore the injured party to the position they would have been in if the quasi-contract had not arisen.

In these cases, the court aims to provide a remedy that is fair and equitable, which is why the amount awarded is generally based on the fair market value of the benefit received.

This ensures that the injured party is appropriately compensated and prevents unjust enrichment on the part of the party who received the benefit.

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i have a brainlest for anybody if the can tell me who won the wwe champoinship in 1996

Answers

I’m pretty sure it was Shawn Michaels or Bret hart

What are three takeaways you learned from playing Money Magic that will help you when you create your own budgets in the future? Be specific

Answers

The 3 knowledge learned from playing Money Magic is accountability, making (creating) and also be current  with one's personal budget.

What are the main aim of a budget?

The aim of a budget in accounting is to make a kind of an exact financial plan for one's or firm's future.

Note that The 3 knowledge that was learned from playing Money Magic is accountability, making (creating) and also be current  with one's personal budget and this will help one in planning of their financial life.

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if you spend money you work for, are you taking out money from the economy?

Answers

what are u trying to ask lol

who is better Nba Youngboy or Kodak Black

Answers

Answer:

if i had to chose kodak

but young dolph and key glock gucci mane and project pat go hard

nba is dog water

Explanation:

I would choose Kodak really

Maintenance records show the last transponder inspection was performed on September 1, 2010. The next inspection will be due no later than
January 1 2013
September 2, 2011
August 31, 2012
September 30, 2012

Answers

According to maintenance records, a transponder inspection was last carried out on September 1, 2010. The deadline for the subsequent examination is d. September 30, 2012.

Transponder inspections must take place every 24 months in accordance with FAR 91.413. A transponder needs to be checked every 24 calendar months in order to be used. It is also necessary to check for data problems during transponder installation or maintenance.

It seems evident that these examinations are necessary. After all, the air traffic controller uses the signal from your transponder, including the altitude from the encoder, to create traffic separation between you and the other aircraft if you are flying in controlled airspace.

Additionally, it's crucial to be at the altitude that your instruments suggest if you're flying IFR. However, since these laws were first set, avionics and instrument technology have advanced significantly.

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an example of a capital good is ____________.

Answers

Answer: Vehicle(s)

Explanation: Capital goods are all man-made, if they aren't naturally occurring it is often that they are a capital good

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