Answer:
Order size = 50 cars
The number of orders=25
Explanation:
<em>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. </em>
It is computed using the formulae below
EOQ = √ (2× Co× D)/Ch
Co- Ordering cost, Ch- Carrying cost - D- Annual demand
EOQ= √2× 1000× 1250/1000= 50
Number of cars to be ordered per time, i.e optimal order size= 50 cars
Order size = 50 cars
b)
The number of times orders should be placed per year would be calculated as follows:
The number of orders = Annual demand/ order size
The number of orders= 1250/50 = 25
The number of orders=25
Answer
<h3>
The total purchase price allocated to land, building, and machinery accounts is $140,840, $509,707 and $355,453 respectively.</h3>
<h3>
Explanation</h3>
<h3><em>Calculation of Total purchase price</em></h3>
- Total purchase price = purchase price + legal fee
= 1.000.000 + 6.000
= 1.006.000
Allocation of the total purchase price to the land, building, and machinery accounts in Tamarack Company’s record:
- Land = Total purchase price * (Assesed Value of Land / Total Property Assessed Value)
= 1.006.000 * (126.000 / 900.000)
= 140.840
- Building = Total Purchase Price * (Assesed Value of Machinery / Total Property Assessed Value)
Building = 1.006.000 * (318.000 / 900.000) = 355.453,3
<h3>
Thus, the total purchase price allocated to land, building, and machinery accounts is $140,840, $509,707 and $355,453 respectively.</h3>
Answer:
Option B
Explanation:
In simple words, cash flow statement refers to the financial statement in which an organisation depicts its sources and uses of cash for a specified period of time such as month or an year.
In this statement the inflows and outflows are categorized into three categories. Any cash flow from core business activities is grouped into operating activities section. Whereas cash flows from sale and purchase of machinery is categorized as cash flow from investing activities while transactions related to shareholders is recorded in financing activities section.
If Ray earns $900 a week and deductions are 28% Ray's take home pay is:
$648 a week
If we assume that the deductions of 28% are taken out of the $900 weekly we will multiply 900 by 0.28 = 252. Then subtract 252 which is the deduction amount from the 900 and we end up with take home pay of $648.
Answer
He should ask him/her whether is a member and ask for a membership card.
Explanation
Membership cards are small cards that are used by or within a certain organisation for the purpose of verifying whether a person is a valid member of that organisation or club or whichever type of a group it is . For one to have a membership card you have to pay a certain amount of money as a membership fee to that organisation. The fee might be annually regarding to the terms of that organisation.
