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ki77a [65]
1 year ago
12

Round to the nearest unit.Happy Pet, Inc., is a large pet store located in Long Beach Mall. Although the store specializes in do

gs, it also sells fish, turtle, and bird supplies. The Everlast Leader, a leather lead for dogs, costs Happy Pet $7 each. There is an annual demand for 6,000 Everlast Leaders. The manager has determined that the ordering cost is $20 per order and the carrying cost, as a percentage of unit cost, is 15%. Happy Pet is now considering a new supplier of Everlast Leaders. Each lead would cost only $6.65; but in order to get this discount, Happy Pet would have to buy shipments of 3,000 at a time.Should Happy Pet use the new supplier and take this discount for quantity buying?
Business
1 answer:
mrs_skeptik [129]1 year ago
8 0

Answer:

2330

23Explanation:

You might be interested in
The following information is related to Kingbird Company for 2020.
Over [174]

Answer:

Attached is the solution:

4 0
1 year ago
Vest Industries manufactures 40,000 components per year. The manufacturing cost of the components was determined as follows: Dir
torisob [31]

Answer:

If the company buys the component, income will decrease by $225,000.

Explanation:

Giving the following information:

Units= 40,000

The manufacturing cost:

Direct materials $ 75,000

Direct labor 120,000

Variable overhead 45,000

An outside supplier has offered to sell the component for $12.75.

Vest Industries can rent its unused manufacturing facilities for $45,000.

We will take into account only the differential costs.

<u>Make in -house:</u>

Total cost= 75,000 + 120,000 + 45,000= $240,000

<u>Buy:</u>

Total cost= 40,000*12.75 - 45,000= $465,000

If the company buys the component, income will decrease by $225,000.

6 0
2 years ago
Some 500 customers a day line up to buy​ Avalon's breads,​ scones, muffins, and coffee. Staffing and management are worries. Ava
OLga [1]

Complete Question:

Read the news clip, then answer the following question A Bakery on the Rise Avalon's decision to -is a long-run decision. O A. move to a larger space Up to 500 customers a day line up to buy Avalon's breads, scones, muffins, and coffee. Staffing and management are worries. Avalon now employs 35 and plans to hire 15 more. Its payroll will climb by 30 percent to 40 percent. The new CEO has executed an ambitious agenda that includes the move to a larger space, which will increase the rent from $3,500 to $10,000 a month Source: CNN, March 24, 2008

Avalon's decision to __________ is a long run decision.

A. Move to Larger Space

B. Hire 15 more employees

Answer:

Option A. Move to Larger Space

Explanation:

The decision that alters only a single variable factor is considered as a short run decision. Labor, electricity usage, increased production are examples of variable factors. This means that increase in employees is a short run decision.

On the other hand, decision to increase or decrease the fixed factors are considered as long run decision because it is difficult to alter the decision and if we do so, then we will encounter heavy losses for a long period of time. Long run decision includes selling or purchasing or leasing of property, plant and equipment are considered as fixed factors.

In this case, Avalon is considering to move to a larger space which will result in significant increae in fixed cost. Hence it is fixed factor and is long run decision. Hence Option A is correct here.

7 0
1 year ago
At the end of the prior year, Durney's Outdoor Outfitters reported the following information.
Vaselesa [24]

Answer:

Please find the detailed answer and explanation below.

Explanation:

1a

                          Accounts Receivables    

Particulars      Amount($)  Particulars                       Amount($)

Beginning Bal. 48,271  Collections on accounts 290,700

Sales on account 306,548  Bad debts written off             7,054

                                   Balance c/d                           57,065

        Total                       354,819                                             354,819

Ending Balance  <u>57,065</u>    

     

     

                 Allowance for Doubtful accounts

       Particulars                 Amount($) Particular                 Amount($)    

Bad debt written off 7,054  Beginning Balance  8,469

Balance c/d                  6,185   Bad debt expense 4,770

Total                         13,239                                  13,239

                                            Ending Balance          6,185

1b

                               Durney's Outdoor Outfitters

                                Income Statement (Partial)

                             For the year ended December 31

Operating Expense:

Bad debt Expense                                   $4,770

                                 Durney's Outdoor Outfitters

                                     Balance Sheet (Partial)

                             For the year ended December 31

Current asset:

Accounts receivable                                $57,065

Allowance for Doubtful Accounts           ($6,185)

Accounts receivables(Net)                       <u>$50,880</u>

   

5 0
2 years ago
In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision
Lynna [10]

Answer:

My four smart goals includes the following: I want to become physically fit within the next 6 months so that I can run a full marathon in less than 4 hours,  want to become a senior manager in my current organization from my current role as a manager within the next 2 years so that I can lead a team of 2-3 managers, I want to become an adorable husband to my wife by spending more time with her and taking her on vacations in the next 12 months, I want to become a lovable dad to my son in the next 4 months so that I can spend more time with him and answer all his queries.

Explanation:

Solution

The following are my 4 SMART goals given below:

1.I want to become a senior manager in my current organization from my current role as a manager within the next 2 years so that I can lead a team of 2-3 managers.

2. I want to become physically fit within the next 6 months so that I can run a full marathon in less than 4 hours.

3. I want to become a lovable dad to my son in the next 4 months so that I can spend more time with him and answer all his queries.

4. I want to become an adorable husband to my wife by spending more time with her and taking her on vacations in the next 12 months,

Measurable :

1. I would start my training from tomorrow. Initially I would run 2 to 5 kilometres with walk breaks.

2. I would start talking to my boss next week to ask for additional responsibilities and also ask him to let me know what needs to be done to get promoted.

3. I would start coming from office early by being more efficient in office. I will take my son on walks or play with him for 1 hour daily.

4. I would come back from office on time and spend time with my wife after spending time with my son.

Attainable/Attainability:

1. I will talk to other marathoners about whether my goal is attainable. I will also research about it.

2. I will talk to my colleagues who are senior managers about how they got promoted.

3. I will talk to other dads about whether my goal is attainable.

4. I will talk to other husbands who are successful.

Realistic:

Timely:

I have given a time frame for attaining all these goals which is very important.

For implementing these goals, I will use the Plan-Do-Act-Dare cycle.

Since my objective is to become a well rounded person both in my personal and professional life, the above steps would help me in becoming that person.

The strategy diamond consists of:

1. Vehicles- Focused hard work

2.Differentiation- Being different from others.

3. Arenas-Professional and Personal

4. Staging-Speed of initiatives

5 0
2 years ago
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