Answer:
The cost of goods sold = $74,000
Explanation:
<em>Cost of goods sold is computed as</em>
<em>Opening stock + production- closing inventory</em>
<em>The figure is always subtracted from the sales revenue to determine the gross profit</em>
The cost of goods of XXis Corporation
Cost of goods sold = 19,000 + 70,000 - 15,000
= $74,000
The cost of goods sold = $74,000
Answer:
C . Consulting
Explanation:
Ray, a manager at Senzel Inc. is utilizing consulting skills.
The lower-level managers he discusses with in order to understand the effect the software will have on the internal environment of the company refers to the CONSULTANT in this scenario.
Consulting can be defined as the process of giving advice or seeking the help of professionals regarding a particular subject in a specific field.
Consulting means to engage in the business of giving advice to professionals in a particular field.
Consulting is the act of helping people to solve problems of moving from their current level to their desired level.
A consultant refers to a professional who renders the service of giving advice to people in a particular field mostly in exchange for a fee.
Answer:
Maxwell world consider choice equal to $310000
Explanation:
given data
accept a salary = $60,000
salary = $25,000
bonus = 20% of net income
to find out
amount of income would be necessary so that Maxwell would consider
solution
we get here income by bonus that is express as
bonus = 2 ( income - bonus - salary ) ..............1
3500 = 2 ( income - ( 0.2 × 35000 ) - ( 0.2 × (75000 + 35000) )
solve it we get
income = $310000
so Maxwell world consider choice equal to $310000
Answer:
$6,400,000
Explanation:
Reduction in mailing time = 1.5 day
Reduction in clearing time = 1.5 day
Reduction in firm processing time = 1.0 day
Total = 4.0 days
Daily interest on Treasury bills = 0.025%
Average number of daily payments to lockboxes = 4,000
Average size of payment = $400
The value of the proposal will be the average number of daily payments to lockboxes multiplied by the total of 4 days which is then multiplied by the average payment size. This will be:
= 4000 × $400 × 4
= $6,400,000
Answer:
a) 2,093
b) It will reorder once there are 420 units left (demand during lead-time)
c) 34 days
Explanation:
a) economic order quantity

<u>Where:</u>
D = annual demand = 21,900
S= setup cost = ordering cost = 50
H= Holding Cost = 0.50

EOQ = 2092.844954
b) it takes four days to arrive:
if it sale 420 units per week then:
420 x 4/7 = 240 units are demand during delivery
c) order cycle:
EOQ / Annual Demand
2,093 / 21,900 = 0,09557 x 365 = 34.8333 days
It will order every 34 days (if it orders after 35 days will face shortage)