(4 points) Problem 4: We need 1,000 electric drills per year. The ordering cost for these is $100 per order and the carrying cost is assumed to be 40% of the per unit cost. In orders of less than 120, drills cost $78; for orders of 120 or more, the cost drops to $50 per unit. Should we take advantage of the quantity discount? (4 points) Problem 5: George Heinrich uses 1,500 per year of a certain subassembly that has an annual holding cost of $45 per unit.
Its average sales per day were $ 668.49 during 2008 and its average collection period was 99 days. This represented an improvement from the average collection period of 105 days in 2005. 3. SciTronics apparently needed $ 29,000 of inventory at year-end 2008 to support its operations during 2008. Its activity during 2008 as measured by the cost of goods sold was $ 74,000.
An= a8+ (n-1) d A8= 100+ (8-1)25 A8=100+7(25) A8=100+200 A8=300 Now that we know what A8 is, we need to know what the sum of the sequence is from A1 to A8. Sn= n (a1+a8) over2 S8= 8(100+300) over2 S8= 8(400) over2 S8= 4(400) = 1600 Thus, the cost to build a 90 foot CB tower is $1600. A person deposited $500 in a savings account that pays %5 annual interests that is compounded yearly. At the end of 10years, how much money will be in the savings account?
Using information given in question C, the $16,200 in new machinery will be divided up over 36 months. This additional cost will add $450 per month to Molly’s fixed costs, bringing her total to $2,150 monthly. With that given information, Molly would need to clean an additional 529 items a month to break even. The answer was derived by using the following equation: $2,150 ÷ (1.1 – $0.25) – 2000 = 529.412
$0 2. $10,000 3. $25,770 4. $26,700 2. A company leases a machine on January 1, Year One for five years which call for annual payments of $4,000 for the first year and then $10,000 per year after that.
The tests take four to six weeks to develop. 5. Did you know the dosage was increased to 2 ½ percent ? 6. The material is stored for ten days at 120 degrees Fahrenheit.
From the details provided above you will note that Retail Banking occupies 60% of the area which includes allocation of shared areas. Commercial Banking occupies 30% and Financial Planning 10%. This converts directly to the proportion of electricity costing that each department will be responsible for, being 60% Retail Banking, 30% Commercial Banking and 10% Financial Planning bringing the total allocation to 100%. Actual $ cost allocation For the reporting period of 1st July 2013 to 30th June 2014 the total cost of electricity charged to ANZ Warrnambool and paid for in the first instance by Retail Banking was $45,000. The electricity cost was charged on a quarterly basis and charged back to each department on a quarterly basis also.
Management wants to maintain the ending direct materials inventory at 60% of the following month's production needs. 4. Seventy percent of all purchases are paid in the month of purchase; the remaining 30% are paid in the subsequent month. 5. Watson's product requires 30 minutes of direct labor time.
P&G has capacity to produce about 5 million Sesame Street Pampers per year. 5 diapers/day x 365 days/year x 2.5 years = 4572.5 per baby over their “babyhood” but we are only
Assignment from the Readings -9-4 Chapter 9 E9-4 On January 2, 2005, Jansing Corporation acquired a new machine with an estimated useful life of 5 years. The cost of the equipment was $40,000 with a residual value of $5,000. a. Prepare a complete depreciation table under the three depreciation methods listed below. Use a format similar to the illustrations in Exhibits 9–4, 9–5, and 9–6.