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Romashka-Z-Leto [24]
2 years ago
8

Annual demand for a product is 40,000 units. The product is used at a constant rate over the 365 days the company is open every

year. The annual holding cost for the product is estimated to be $2.50 per unit, and the cost of placing each order is $125.00. If the company orders according to the economic order quantity (EOQ) formula, then the time between orders (order cycle time) is
Business
1 answer:
pochemuha2 years ago
3 0

Answer:

Order cycle time = 28.85 days

Explanation:

<em>The Economic Order Quantity (EOQ</em>) 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 formula below

EOQ = √ (2× Co× D)/Ch

Co- ordering cost, Ch- Holding cost per unit per annum

D- Annual demand,

EOQ - Economic order qunatity

Co-125. Ch- 2.50, D- 40,000

EOQ= √ (2× 125× 40,000)/2.5

EOQ = 3,162.27

The cycle time = order quantity/annual demand× 365 days

= 28.85 days

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If a company wanted to quickly identify which employees speak spanish, what would be the best way to do this?
lina2011 [118]
The best way to do this would be have a section in the application for the job in question that asks applicants to list all fluent languages. This way it is easy to tell when a person is able to speak a different language, like spanish, and when the potential employee is not bilingual.
Hope this helps you.
5 0
2 years ago
The human resource (HR) department of Wardund, an event management company, sent emails to all the employees of the firm, inviti
Marysya12 [62]

Answer:

d. internal recruitment

Explanation:

Internal recruitment is a human resources strategy that seeks to fill vacant job positions from the existing workforce. In internal recruitment, existing employees are given priority whenever a senior position becomes available. The business will usually request qualified and willing employees to apply for the job. The successful applicant will then be promoted to a new role.

Internal recruitment may also involve employees moving within the same level but of different roles.   Advantages of internal recruitment include.

  1. Quicker and more affordable to  recruit
  2. Existing employees are familiar with the business and its operations
  3. Promotions within the company are a motivating factor for employees.
  4. The business knows the strengths and weaknesses of each employee.
7 0
2 years ago
In January, Stripe, Inc. purchased 50 shares of its own $10 par value common stock for $20 per share. In March, Stripe sold 10 s
kvasek [131]

Answer: credit; $200

Explanation:

<em>The journal entry to record the sale of treasury stock using the cost method would include a </em><em><u>credit </u></em><em>to Treasury Stock in the amount of </em><em><u>$200</u></em><em>.</em>

<em />

Using the cost method, the journal entry should reflect the sale of the stock at the original price it was purchased at ( its cost). With the original cost of purchase being $20, the 10 shares that were sold will be recorded as;

= 10 shares * $20

= $200

This will be credited to the Treasury account and along with the additional amount made on the sale, debited to the cash account to reflect a cash increase.  

3 0
2 years ago
Fois Company has two divisions, Division X and Division Y. Division X has a production capacity of 5,000 units of a particular p
kogti [31]

Answer:

Lost contribution per unit = $56 per unit

Explanation:

The Division X is operating at less than full capacity, hence it has excess capacity   of  600 units i.e (5000- 4,400)

This implies that it can only produce to meet the external and a portion of  Division Y demand  

Since Division X can only accommodate a portion of the internal demand, an opportunity would arise if it decides to meet all the request of Division Y.

Therefore, the minimum transfer price

minimum transfer price= Variable cost + a lost contribution from internal supply

The lost contribution represent the amount Division X would have made had sold the units to external buyers

Lost contribution per unit = $56 per unit

8 0
2 years ago
Pat used to work as an aerobics instructor at the local gym earning $35,000 a year. Pat quit that job and started working as a p
Ivan

Answer:

$34,000

Explanation:

Accounting profit = Total revenue - Explicit costs

i.e Total revenue = $50,000

     Explicit costs = $12,000 + $1,000 + $3,000 = $16,000

Therefore; $50,000 - $16,000 = $34,000.

6 0
1 year ago
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