Answer:
As per Sales Budget the budgeted sales for the quarter four are $240,000. Below is the Sales budget.
Explanation:
Scora, Inc.
Sales Budget
Month Budgeted Unit Sales Budegted Unit Price Budgeted Total Sales
(A) (B) (A*B)
January 1200 $50 $60,000
February 2000 $50 $100,000
March 1600 $50 $80,000
Total for the quarter 4800 $50 $240,000
Hence, it is concluded that the budgeted sales for the January, February, March are $240,000.
Answer:
A. standard deviation = $500, expected return = $5,000
Explanation:
For analysis which investment involved the least amount of risk we need to determine the coefficient of variation i.e. shown below:
As we know that
Coefficient of variance = standard deviation ÷ expected return
A = $500 ÷ $5,000 = 0.10
B = $700 ÷ $500 = 1.40
C = $900 ÷ $800 = 1.125
D = $400 ÷ 350 = 1.143
As it can be seen that investment A has the leas amount of risk hence, the same is to be considered
Answer:
Order size = 200 units
Number of order = 5 times
Explanation:
<em>The number of order per year will be equal to the Annual demand divided by the EOQ.</em>
<em>No of orders = Annual Demand / EOQ</em>
Economic order quantity (EOQ)
The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.
It is computed using he formulae below
EOQ = √(2× Co× D)/Ch
Ch- Carrying cost per unit per annum- $1
Co- Ordering cost per order -20
EOQ =√(2× 20× 1000)/1
= 200 units
Order size = 200 units
Number of order = 1000/200 = 5 times
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