es 250 day
Q: Suits Inc. expect to sell 8,500 units for $190 each in January, 2,500 suits for $200 each in…
A: Cash budget show the expected cash receipts and cash payments on the basis of past experience and…
Q: The TOPSHOP company has a monthly demand for an item of 1,000 units/month. This company operates…
A: Answer 3A For the given quantity discount =12% is applies Actual unit price =$10Discount…
Q: Manitoba Transport collects 75% of its monthly sales immediately and the rest at the end of the…
A: Break-Even Sales - Break-even sales defined as the sales at which the company covers only the…
Q: Bulldogs Inc. expects to use 48,000 boxes of chocolate per year costing P12 per box. Inventory…
A: Total Boxes = 48,000 Cost per Box = P12 Inventory carrying cost = 20% Safety stock = 2,400 Order per…
Q: Ecology Co. sells a biodegradable product called Dissol and has predicted the following sales for…
A: Introduction: Ending inventory is the cost of goods on hand just at end of a reporting period. A…
Q: Octopus Company provides you with the following information regarding its inventory Maximum lead…
A: a) Economic order quantity or EOQ is the optimal quantity of inventory to be ordered. EOQ helps…
Q: GB Inc. sells 12,000 gallons of ice cream each month from its central storage facility. Monthly…
A: The question ia related to total cost of inventory. Before we proceeds we have to calculate the…
Q: A store sells a product that has the annual demand of 16,156 units. It purchases the product from…
A: At EOQ, total ordering cost and carrying cost is minimum. Total ordering and carrying cost can be…
Q: A. Genesis Company is a wholesaler. It purchases 60,000 units of Product X per month for sale to…
A: Hi student Since there are multiple questions, we will answer only first question. Since first…
Q: Scouts Corp. projects its sales to be 1,000 units this year. As a result of holding inventories,…
A: Part 1:-Reorder Point It is the level of inventory at which we need to replenish the inventory…
Q: mith Inc. expects to use 96,000 litters of paint annually costing P12 per litter. Inventory carrying…
A: Inventory carrying cost is the cost of keeping items in stock. The larger the volume of inventory,…
Q: Carrefour estimates an annual demand of a grocery product at 4800 kgs. It costs RO 100 to make and…
A: Inventory level at which business should place order is known as reorder point in business.
Q: Samuelson has a beginning inventory balance on January 1 of 12,000 units and desires an ending…
A: Given information: Beginning inventory on January 1 is 12,000 units, End balancing of 20% of the…
Q: Truliant Co. sells a product called Withitall and has predicted the following sales for the first…
A: The correct answer is Option (a).
Q: Cahuilla Corporation predicts the following sales in units for the coming four months: April May…
A: Working:
Q: LA Company, which plans to sell 200,000 units of finished product in July, anticipates a growth rate…
A: The production budget is prepared to estimate the number of units to be produced during the period.
Q: ulldogs Inc. expects to use 48,000 boxes of chocolate per year costing P12 per box. Inventory…
A: The total variable cost of production refers to the production cost that changes with the change in…
Q: A company starts the year with twenty units of inventory costing $20 each. In January, ten of these…
A: Particulars Units Price per unit Total value Beginning inventory 20 $20 $400…
Q: Suits Inc. expect to sell 8,500 units for $190 each in January, 2,500 suits for $200 each in…
A: Cash receipts refers to a form of evidence of purchased issued by the buyer when paid in cash. It is…
Q: Carrefour estimates an annual demand of a grocery product at 4800 kgs. It costs RO 100 to make and…
A: Level of inventory at which business should place order for the inventory is known as Reorder point.
Q: Forrest Company manufactures phone chargers and has a JIT policy that ending inventory should equal…
A: Production budget: It reflects the number of units of the goods that should be manufactured by the…
Q: Sales of Suzhu Corp are expected to be 6,000 units for the month. The company woud like to maintain…
A: A production plan is the schedule of production which includes the bifurcation of units to be…
Q: GGG Company Assume that the firm is expecting to have the following quarterly unit sales with a…
A:
Q: GB Inc. sells 12,000 gallons of ice cream each month from its central storage facility. Monthly…
A: The question is related to total cost of inventory per month. Before we proceeds we have to…
Q: Green Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer.…
A: Ordering Cost is a type of expenditure used in computation of Economic Order Quantity (EOQ). It…
Q: Company has the following sales 2,000 in ary, 2,200 in February, 2,800 in April and 3,000 in May.…
A: Units sold in March = Total units - (units sold in January + units sold in feb + units sold in april…
Q: Cahuilla Corporation predicts the following sales in units for the coming four months: Sales in…
A: Budgeted Production units :— It means estimated Units of Product Manufactured Or Produced. It is…
Q: Cool Stuff, Inc. uses 800 units of a product per year on a continuous basis. The product has…
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: Crawford Steel Corp. buys inventory of 40,000 units annually. The purchase price per unit is $3.00…
A: Inventory Management: Inventory management tools like the economic order quantity, the reorder level…
Q: ClipClop record in connection with the April sale? $7,680 $20,000 $0 because ClipClop does not know…
A: As per relevant standard if the entity believes that it is probable that a discount will be provided…
Q: TS Co has daily demand for ball bearings of 40 a day for each of the 250 working days (50 weeks) of…
A: We have the following information: TS Co has daily demand for ball bearings of 40 a day for each of…
Q: Carmen is a retailer of scrapbooking products. The sales forecast for the coming months is: Revenues…
A:
Q: XYZ Inc. needs 400 kgs of a material per month. It costs OMR 100 to make and receive an orderand it…
A: Correct option is as fallows Re order point = average daily sales × lead time + safety stock
Q: Bulldogs Inc. expects to use 48,000 boxes of chocolate per year costing P12 per box. Inventory…
A: Solution:- Carrying cost of inventory means the cost incurred in order to store the inventory.
Q: MNO Company forecast sales in units for July to November as follows: Units…
A: Production budget is that budgeted statement which helps the manufacturing unit to infer about…
Q: a) Sharam Industries has a 120-day operating cycle. If its average age of inventory is 50 days, how…
A: Cash flows are the cash generated from the operation of the business organisation. In other words,…
Q: Scouts Corp. projects its sales to be 1,000 units this year. As a result of holding inventories,…
A: In basic terms we have to maintain our inventory by managing properly so that we don't get overstock…
Q: Octopus Company provides you with the following information regarding its inventory Maximum lead…
A: Answer d) Computation of total ordering cost is as follows: Total ordering cost =No. of orders…
Q: Ecology Co. sells a biodegradable product called Dissol and has predicted the following sales for…
A: Purchase units: The purchase units are determined by preparing a purchase budget. This can be used…
Q: A book publishing company is planning its inventory. The cost to store one book is $4 per month. The…
A: Economic order quantity (EOQ) is a technique used to determine the number of units require to order…
Q: Bulldogs Inc. expects to use 96,000 litters of paint annually costing P12 per litter. Inventory…
A: Carrying cost includes cost of store staff Interest of the locked up capital Cost of obsolescence…
Q: Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand…
A: Economic order quantity (EOQ) is a computation that businesses use to determine their ideal order…
Q: HOM Enterprises estimated the following sales for the first six months of 2022: Month Estimated…
A: The cash budget is prepared by the management to estimate the expected cash collection and cash…
Q: Octopus Company provides you with the following information regarding its inventory: Maximum lead…
A:
ABC operates 250 days in a year and sells an average of 500 units each day. On better days, sales may reach 800 units. The supplier delivers the inventory within 3 to 6 days after receiving the purchase orders from ABC but the average time is 4 days. Assuming normal operations, what would the expected minimum inventory level be for ABC?
Step by step
Solved in 2 steps with 1 images
- A store sells a product that has the annual demand of 16,156 units. It purchases the product from supplier A for $74.4 per unit. The unit inventory carrying cost per year is 14 percent of the unit purchase cost. The cost to place and process an order from the supplier is $107 per order. Supplier A has a delivery lead time of 7 days. The store operates 300 days a year. Assume EOQ model is appropriate. What is the optimal total annual inventory and purchase cost for the store? Use at least 4 decimal places.You prefer to extend credit on the assumption that you will be paid in full within 10 days of the sales. Firm X has average inventory of $720,000 with all cash sales (no credit sales) of $4,400,000. If you extend credit to this firm, can you expect to be paid on time? Assume 365 days in a year. Round your answer to the nearest whole number. The inventory turnover is days, therefore, you expect to be paid in 10 days.You prefer to extend credit on the assumption that you will be paid in full within 42 days of the sales. Firm X has average inventory of $640,000 with all cash sales (no credit sales) of $5,300,000. If you extend credit to this firm, can you expect to be paid on time? Assume 365 days in a year. Round your answer to the nearest whole number. The inventory turnover is days, therefore, you -Select- expect to be paid in 42 days.
- 1. ABC operates 250 days in a year and sells an average of 500 units each day. On better days, sales may reach 800 units. The supplier delivers the inventory within 3 to 6 days after receiving the purchase orders from ABC but the average time is 4 days. Assuming normal operations, what would the expected minimum inventory level be for ABC? * 1500 units 2000 units 2800 units 4800 units 2. The target investors of the new issuance of the 800,000 P1,000-par value shares expect a return of 14% and a zero growth rate. If the management quantifies this return as P160 per share, what should the target issue price per share be? * P1,600.00 P1,400.00 P875.00 P1,142.96 3. A P1,000-par value preference share was issued for a net proceed of P1,100. It will be paying interest of 9% per annum. It has a liquidating value of P1,200 at the end of its 20-year term. The applicable tax rate to the entity is 30%. The effective cost of the preference share is closest to * 8.40% 9.40% 7.50% 5.88%ABC Corp has an average inventory period (production process time + time before sale) of 36 days. Accounts receivables are outstanding an average of 14 days. Gross margins for the firm average 8%. What is the average length of the firm's short-term operating cycle? Step by step explanation needed. Do it correctly I'll rate.Suppose that a firm applies the continuous- review inventory model to management its inventory of a product. Daily demand follows the normal distribution with mean 20 units and standard deviation 3 units. The firm currently uses the order size Q=500 units. Order lead time is 4 days. Assuming 300 working days in a year, what is the time between the placement of two consecutive orders? a. 4 days b. 12days c. 25days d. 30days e.none of ghe above
- A retailing company believes it can sell 4 million of its main product within the upcoming financial year. The inventory manager plans to order its main product forty times over the next year. The carrying cost is $0.03 per product per year. The order cost is $600 per order. Calculate the following: i) The annual carrying costs ECM Manufacturing Company Limited has three (3) possible suppliers, all of which offer different credit terms. Apart from the slight differences in credit terms, their products and services are virtually identical. The credit terms offered by these suppliers are shown in table shown on the next page. Supplier Credit Terms Supplier 1 1/10 net 30 EOM Supplier 2 2/20 net 75 EOM Supplier 3 3/10 net 50 EOM Assuming a 365-day year, answer the following. d. What impact, if any, will “stretching” the accounts payable (net period only) of supplier 3 by 30 days, have on your answer to part b with regards to supplier 3. Ans…Nowlin Pipe & Steel has projected sales of 19,600 pipes this year, an ordering cost of $5 per order, and carrying costs of $1.60 per pipe. a. What is the economic ordering quantity? Economic ordering quantity b. How many orders will be placed during the year? Number of orders orders c. What will the average inventory be? Average inventory units unitsA company stocks an item that is consumed at the rate of 50 units per day. It costs the company P20 each time an order is placed. An inventory unit held for a week will cost P0.35. (a) Determine the optimum inventory policy assuming a lead time of 1 week. (b) Determine the optimum number of orders per year (365 days a year).
- A retailer has annual sales of $500,000 and an average finished-goods inventory of$15,000. If the retailer sells each unit for an average of $25 and purchases the units for$15, what is its annual inventory turnover?Nowlin Pipe & Steel has projected sales of 6,400 pipes this year, an ordering cost of $5 per order, and carrying costs of $1.60 per pipe.a. What is the economic ordering quantity? b. How many orders will be placed during the year? c. What will the average inventory be?Neu Fabrication Company operates 360 days a year and uses 150 cartridges each day. Using a continuous inventory system, Neu orders 10,800 cartridges at a time. The orders are timed so that the new cartridges arrive just as inventory runs out (i.e. inventory level = 0), and replenishment is instantaneous. If Co= $1,400, what is the total ordering cost for all orders in a year (i.e. the Annual Ordering Cost)? O $1400 $7000 $2800 $500