Assume the calculated EOQ for each quantity range is given below:

Quantity Price per unit Calculated EOQ
1 to 99 $110 75
100 to 199 $80 120
200 and up $50 190

In order to evaluate which ordering quantity is least costly, you should calculate the total cost associated with the range 1 to 99 units, using a quantity of__________ units, and the range 200 units and up, using a quantity of_____________ units.

Answers

Answer 1

Answer:

In order to evaluate which ordering quantity is least costly, you should calculate the total cost associated with the range 1 to 99 units, using a quantity of___75___ units, and the range 200 units and up, using a quantity of____190____ units.

Explanation:

a) Data:

Quantity       Price per unit   Calculated EOQ

1 to 99                   $110                  75

100 to 199             $80                 120

200 and up          $50                 190

b) The calculated Economic Order Quantity (EOQ) is the optimal quantity that minimizes inventory costs which include holding, shortage, and ordering or production setup costs.  The EOQ is computed as the square root of: [2(setup costs)(demand rate)] / holding costs.  While EOQ is popular, its use is criticized on the ground that it is over-simplistic and relies largely on consistent data inputs.  Consistent data does not reflect reality.


Related Questions

The purpose or objectives of competition policy​

Answers

Answer:

This Act, by prohibiting private monopolization, unreasonable restraint of trade and unfair trade practices, by preventing excessive concentration of economic power and by eliminating unreasonable restraint on production, sale, price, technology and the like, and all other unjust restriction of business

Explanation:

credits :- wwwjftc

The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Wright Company. Additional information from Wright's accounting records is provided also.
WRIGHT COMPANY
Comparative Balance Sheets
December 31, 2021 and 2020
($ in thousands)
2021 2020
Assets
Cash $ 121 $ 105
Accounts receivable 148 150
Short-term investment 53 18
Inventory 148 145
Land 110 135
Buildings and equipment 725 550
Less: Accumulated depreciation (205) (150)
$ 1,100 953
Liabilities
Accounts payable $ 42 $ 50
Salaries payable 4 8
Interest payable 9 7
Income tax payable 9 12
Notes payable 0 35
Bonds payable 320 250
Shareholders’ Equity
Common stock 420 350
Paid-in capital—excess of par 195 175
Retained earnings 101 66
$ 1,100 $ 953
WRIGHT COMPANY
Income Statement
For Year Ended December 31, 2021
($ in thousands)
Revenues:
Sales revenue $ 620
Expenses:
Cost of goods sold $ 280
Salaries expense 88
Depreciation expense 55
Interest expense 18
Loss on sale of land 5
Income tax expense 94 540
Net income $ 80
Additional information from the accounting records:
Land that originally cost $25,000 was sold for $20,000.
The common stock of Microsoft Corporation was purchased for $35,000 as a short-term investment not classified as a cash equivalent.
New equipment was purchased for $175,000 cash.
A $35,000 note was paid at maturity on January 1.
On January 1, 2021, bonds were sold at their $70,000 face value.
Common stock ($70,000 par) was sold for $90,000.
Net income was $80,000 and cash dividends of $45,000 were paid to shareholders.
Required:
Prepare the statement of cash flows of Wright Company for the year ended December 31, 2021. Present cash flows from operating activities by the direct method.

Answers

Answer and Explanation:

The preparation of the cash flow statement is presented below;

WRIGHT COMPANY  

Statement of Cash flows  

For the Year Ended December 31, 2021 ($ in 000s)

Cash flows from operating activities    

Cash inflows:    

Cash received from customers $622 ($620 + $150 - $148)

Cash outflows:    

To suppliers  ($291)  ($280 + $50 - $42 + $148 - $145)

To employees ($92)  ($88 + $8 - $4)

For interest   ($16) ($18 + $7 - $9)

For income tax    ($97) ($94+  $12 -$9)

Net cash provided by operating activities $126  

Cash flows from investing activities    

Purchase of short term investment ($35)  

Purchase of equipment ($175)  

Sale land  $20  

Net cash used by investing activities  ($190)  

Cash flows from financing activities    

Sale of bonds payable $70  

Sale of common stock $90  

Payment of dividends ($45)  

Repayment of notes payable ($35)  

Net cash provided by financing activities  $80  

Net Increase in cash and cash equivalents  $16  

Cash and cash equivalents at beginning of period  $105  

Cash and cash equivalents at end of period  $121

The statement of cash flows of Wright Company for the year ended December 31, 2021 is $121.

Wright Company  Statement of cash flows

Cash flow from operating activity:

Net income $80

Adjustments:

Depreciation expense $55

Loss on sale of land $5

Decrease in Account receivable $2

($148-$150)

Increase in short-term investment ($35)

($53-$18)

Increase in inventory ($3)

($148-$145)

Decrease in Accounts payable ($8)

($42- $50)

Decrease in Salaries payable ($4)

($4-$8)

Increase in Interest payable $2

($9-$7)

Decrease in Income tax payable ($3)

($9-$12)

Cash generated from Operating activity $91

Cash flow from investing activity:

Land sold $20

Equipment purchased ($175)

Cash used for investing activity ($155)

Cash flow from financing activity:

Common stock issued $70

Paid in capital in excess of par $20

Bond sold $70

Cash Dividend ($45)

Note payable paid off ($35)

Cash used for financing activity $80

Net increase in cash $16

[$91+($155)+$80]

Beginning cash balance $105

Ending cash balance $121

($16+$105)

Inconclusion the statement of cash flows of Wright Company for the year ended December 31, 2021 is $121.

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You want to invest in a riskless project in Sweden. The project has an initial cost of SKr3.86 million and is expected to produce cash Inflows of SKrl.76 million a year for three years. The project will be worthless after three years. The expected inflation rate in Sweden is 3.2 percent while It is 2.8 percent In the U.S. A risk-free security is paying 4.1 percent In the U.S. The current spot rate is $1 = SKr7.7274. What is the net present value of this project in Swedish krona if the International Fisher effect applies?
a. SKr1, 087, 561
b. SKr958, 029
c. SKr701, 458
d. SKr823, 333
e. SKr978, 177

Answers

Answer:

The net present value of this project in Swedish krona if the International Fisher effect applies is:

e. SKr978, 177

Explanation:

a) Data and Calculations:

Initial project cost = SKr 3.86 million

Annual cash inflows = SKr 1.76 million

Project duration = 3 years

Expected inflation rate in Sweden = 3.2%

Expected inflation rate in the U.S. = 2.8%

Risk-free security interest rate in the U.S. = 4.1%

Interest rate in Sweden = 4.5% (4.1% + 3.2% - 2.8%)

Current spot rate = $1 to SKr 7.7274

The present value of the cash inflows =   SKr4,838,177.26

The present value of initial outflows =    SKr3,860,000.00

Net present value of the project =               SKr978,177.26

From an online financial calculator, the present value of the cash inflows:

N (# of periods)  3

I/Y (Interest per year)  4.5

PMT (Periodic Payment)  1760000

FV (Future Value)  0

Results:

PV = SKr4,838,177.26

Sum of all periodic payments = SKr5,280,000.00

Total Interest = SKr441,822.74

A Las Vegas hotel wants to provide a better experience for its rapidly growing customer base from China. The hotel can best do this by hiring

Kristin, a Chinese restaurant owner who likes to cook authentic food.

Brian, a Mandarin interpreter who loves to interact with groups of all sizes.

Sam, a sign-language interpreter who prefers to work with small groups.

Rebecca, an event planner who wants to work with international tourists.

Answers

Answer:

a

Explanation:

What’s the answer here please

Answers

I think the answer is b but I could be wrong

The answer is B because it’s talking about leadership, not like following. Which would be a person who would follow the thing that leader does or say but they also still care for themselves.



Hope this helps!

Pharoah provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
Depreciation $1,500 per month
Advertising $450 per month
Insurance $3,330 per month
Weed and feed materials $20 per lawn
Direct labor $13 per lawn
Fuel $3 per lawn
Pharoah charges $80 per treatment for the average single-family lawn.
(a) Determine the company's break-even point in number of lawns serviced per month o per Break-even point lawns
(b) Determine the company's break even point in dollars.

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Advertising $450 per month

Insurance $3,330 per month

Total fixed costs= $3,780

Weed and feed materials $20 per lawn

Direct labor $13 per lawn

Fuel $3 per lawn

Total unitary varaible cost= $36

Selling price per unti= $80

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 3,780 / (80 - 36)

Break-even point in units= 86

Now, in dollars:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)=  3,780 / (44 / 80)

Break-even point (dollars)= $6,873

Zouar Computer Corporation currently manufactures the disk drives that it uses in its computers. The costs to produce 5,000 of these disk drives last year were as follows:
Cost per drive
Direct materials $12
Direct labor 2
Variable manufacturing overhead 5
Fixed manufacturing overhead 7
Total $26
Kidal Electronics has offered to provide Zouar with all of its disk drive needs for $27 per drive. If Zouar accepts this offer, Zouar will be able to use the freed up space to generate an additional $40,000 of income each year to produce more of its computer keyboards. Only $3 per drive of the fixed manufacturing overhead cost above could be avoided. Direct labor is an avoidable cost in this decision. Based on this information, would Zouar be financially better off making the drives or buying the drives and by how much?
a. $15,000 better to buy.
b. $20,000 better to buy.
c. $35,000 better to buy.
d. $60,000 better to make.

Answers

Answer:

Zouar Computer Corporation

a. $15,000 better to buy.

Explanation:

a) Data and Calculations:

Production capacity = 5,000

Cost per drive

Direct materials                            $12

Direct labor                                      2

Variable manufacturing overhead 5  $19

Fixed manufacturing overhead      7

Total                                            $26

Avoidable costs:

Direct materials                            $12

Direct labor                                      2

Variable manufacturing overhead 5

Fixed manufacturing overhead      3

Avoidable opportunity cost            8 ($40,000/5,000)

Total avoidable costs                 $30

It will be financially better off buying the drives:

                                      Make        Buy             Difference

Total avoidable costs $150,000   $135,000   $15,000 ($150,000 - $135,000)

Nick and Rosa are going to a music festival and are debating whether they should buy food at the festival or bring sandwiches. They only have $7 each to spend on food but would prefer the convenience of buying sandwiches at the festival to the task of preparing them beforehand. If they bring sandwiches, they will eat them regardless of how much food costs at the festival (having already expended the effort of preparing the sandwiches), and will get a utility of 10. Alternatively, if they don't bring sandwiches and are able to buy food for $7 or less, they will get utility of 20. However, if food at the festival costs more than $7 and they don't get to eat, they will get a utility of 0. The numbers in the following table reflect the utility Nick and Rosa get under each of the described outcomes.

Food Price
Options More than $7 $7 or less
Try to buy food 0 20
Bring sandwithces 10 10

If the probability that food costs more than $7 is 50%, then the expected value of utility from not preparing food is ________ , and the expected
value of utility from bringing sandwiches is___________ .

NoW, suppose Nick and Rosa a third if food at festival Costs more than $7, buy sandwiches less $7 at a deli and bring them back to the festival. If Nia and Rosa Can Choose to try to buy food at the festival, knowing they have the to buy at the deli, they now get either a utility Of 10 (if food costs more than $7 and they have to leave the festival to go to the deli) or a utility of 20 (if costs $7 or less and they can buy it at festival).

Assuming the same probabilities as before, the expected value of utility from not preparing food (with the option to convert to buying sandwiches at the deli) is ____________ therefore, the value Of the real option is ___________

Answers

Answer:

1) 10 , 10

2) 15 , 20

Explanation:

1) P( food > $7 ) = 50% = 0.5

   P ( food < $7 ) = 0.5

  Expected value of utility for not preparing food

   = 0.5( 0 ) + 0.5(20 )

    = 10

  Expected value of utility from bring sandwiches

  = 0.5( 10 ) + 0.5(10)

   = 5 + 5 = 10

2) Considering the third option

Value of utility from not preparing food with option to convert to buying sandwiches at deli

= 0.5 ( 10 ) + 0.5(20 )

= 5 + 10 = 15

The Value of the real Option = 20

Answer:

10, 10

15, 20

Explanation:

p (food > $7) = 50% = 0.5

p (food < $7) = 0.5

= 0.5 (0) + 0.5 (20)

=10

=0.5 (10) + 0.5(10)

= 5+5=10

2. 0.5 (10) + 0.5 (20)

= 5+10 = 15

=20

Coastal Health Care is creating a plan in the event of a hurricane or other natural disaster. The leadership team assigns specific responsibilities to each department, even the ancillary areas like finance and human resources. Which of the benefits of planning does this example best represent?
a. coping with uncertainty
b. checking on progress
c. coordinating activities
d. implementing a vision
e. thinking ahead

Answers

Soon arrive to the exact answer equals

The preparation that Coastal Health Care does avoids any need for unnecessary complexity. It enhances coordination, to look at it another way. It assists in the discovery and resolution of work performance difficulties.

Coastal Medical Care's organization will improve when clear tasks are allocated to each department, including auxiliary areas like finances and human resource management.  

Option "C" is the correct answer to the following question.

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Janice, a citizen of Nevada, was injured by a defective product manufactured by Hot Plates, Inc., a company incorporated in California. Janice is suing the company for pain and suffering along with medical bills, which exceed $100,000. With respect to diversity of citizenship cases, which of the following is true?

a. If Janice brings the lawsuit in a Nevada state court, Hot Plates, Inc. can have the case removed to federal court.
b. The plaintiff and defendant are required to be residents of the same state.
c. The dollar amount of the controversy is limited to $100,000.
d. If Janice brings the lawsuit in a Nevada state court, the case must be heard there.

Answers

Answer: D. . If Janice brings the lawsuit in a Nevada state court, the case must be heard there

Explanation:

Diversity of citizenship simply refers to cases where the people involved that is, the opposing parties are from different states or countries.

With regards to this, if Janice brings the lawsuit in a Nevada state court, the case must be heard there. In this case, Hot Plates, Inc. cannot have the case removed to federal court.

Therefore, the correct option is D.

The Varone Company makes a single product called a Hom. The company has the capacity to produce 40,000 Homs per year. Per unit costs to produce and sell one Hom at that activity level are: Direct materials $20 Direct labor $10 Variable manufacturing overhead $5 Fixed manufacturing overhead $7 Variable selling expense $8 Fixed selling expense $2 The regular selling price for one Hom is $60. A special order has been received at Varone from the Fairview Company to purchase 8,000 Homs next year at 15% off the regular selling price. If this special order were accepted, the variable selling expense would be reduced by 25%. However, Varone would have to purchase a specialized machine to engrave the Fairview name on each Hom in the special order. This machine would cost $10,800 and it would have no use after the special order was filled. The total fixed costs, both manufacturing and selling, are constant within the relevant range of 30,000 to 40,000 Homs per year. Assume direct labor is a variable cost. If Varone has an opportunity to sell 37,960 Homs next year through regular channels and the special order is accepted for 20% off the regular selling price, the effect on net operating income next year due to accepting this order would be:________
a. $33,320 decrease
b. $35,480 decrease
c. $33,320 increase
d. $35,480 increase

Answers

Answer:

$69,200 Increase

Explanation:

Calculation to determine what the effect on net operating income next year due to accepting this order would be:

Incremental revenue $408,000

(8,000 units × $51 per unit)

[$60 × (1 − 15%) = $51]

Less incremental costs:

Direct materials $160,000

(8,000 units × $20 per unit)

Direct labor $80,000

(8,000 unit × $10 per unit)

Variable manufacturing overhead $40,000

(8,000 units × $5per unit)

Variable selling expense $48,000

[$8 × (1 − 25%) = $6]

(8,000 units × $6 per unit)

Special machine $10,800

Total incremental cost $338,800

Incremental net operating income$69,200

($408,000-$338,800)

Therefore the effect on net operating income next year due to accepting this order would be:

$69,200 Increase

The following data are taken from the financial statements of Bar Harbor Company:
2017 2016
Average accounts receivable $530,000 $550,000
Net sales on account 5,800,000 5,200,000
Terms for all sales are 2/10, n/30
a) Compute the accounts receivable for both years.
b) Compute the average collection period for both years.

Answers

Answer:

a. Accounts receivable turnover = Net sales on account/Average accounts receivable

2017

Accounts receivable turnover = $5,800,000/$530,000

Accounts receivable turnover = 10.94

2016

Accounts receivable turnover = $5,200,000 / $550,000

Accounts receivable turnover = 9.45

b. Average collection period = 365 days/Accounts receivable turnover

2017

Average collection period = 365/10.94

Average collection period = 33 days

2016

Average collection period = 365/9.45

Average collection period = 39 days

Explain what nuclear medicine technologists and magnetic resonance technologists have in common.

Answers

Many radiologic laboratories utilize hybrid scanning devices that integrate the two technologies, and MRI technologists and nuclear medicine techs have similar expertise. Technologists may examine both structure and cellular health at a single glance by superimposing the two pictures.

Nuclear medicine technologists and MRI technologists share a number of abilities, and many radiologic facilities utilize hybrid scanning devices that integrate the two modalities.

What is nuclear medicine technologists?

Nuclear medicine creates images that demonstrate internal organ activity by using an ionizing radioactive tracer, typically injected into the blood.

High-quality, detailed images of inside body structures are created by MRI using radio waves and a strong magnetic field. By detecting radiation coming from various body areas after the patient receives a radioactive tracer, nuclear medicine imaging is a technique for creating images.

Hence, the significance of the nuclear medicine technologists is aforementioned.

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The team is working through the planning processes. They are using a plan-driven approach to this system-critical change that will impact security and data protection. They are concerned about getting as much information as possible for their work. They are meeting today to begin planning for quality on their project. All of the following are inputs to the Plan Quality Management process except:______.
a. Guidelines and standards and the stakeholder register
b. The project statement and requirements documentation
c. Project work results and lessons learned repository
d. The project charter and the WBS

Answers

Answer:

a. Guidelines and standards and the stakeholder register

Explanation:

The correct option is - a. Guidelines and standards and the stakeholder register

Reason -

Project charter consists of a map that contains rules, regulations, policies, procedure and responsibility so it need inputs. It is just like user manual.

WBS is Work Breakdown Structure which is the tool that utilizes the technique and is one of the most important project management documents.

When project starts, eventually it aims for good results.

When some project is not working good, then we have to do that project again with new processes and procedures until we get the desired result.

PLZ PLZ HELP HELP HELP YALL ITS IMPORTANT ASAP

Answers

Answer:

1144.95$

Explanation:

375.40 was given every week so multiply by 3 and I got 1126.20.. now annually is the key work and annually means per month so I divide 22500 by 12 and got 18.75. last, I added 18.75 a d 1126.95 and got 1144.95!! Hoped explained well!!

Economics question please help :))

Answers

Answer:

c 8 bushes of wheat

Explanation:

What is the primary reason for keeping money in the form of cash

Answers

Answer: To make transactions

Explanation:

A team member tells you that when his wife was diagnosed with a serious illness, he stole items from work and sold them, using money for her treatment. he has sice paid back the money taken, in ways that kept his theft secret. ethically, what should you do?
A. attempt to gather evidence to determine whether or not the theft in fact occurred.
B. report him to his manager
C. advice the team member to tell his manager
D. talk with a lawyer to see if this can be justified

Answers

Answer:

C

Explanation:

I would advice him to tell his manager what he has done

A comparative balance sheet and income statement is shown for Cruz, Inc.
CRUZ, INC. Comparative Balance Sheets December 31, 2013
2013 2012
Assets
Cash $94,800 $24,00
Accounts receivable, net 41,000 51,000
Inventory 85,800 95,800
Prepaid expenses 5,400 4,200
Furniture 109,000 119,000
Accum. depreciation- Furniture (17,000) (9,000)
Total assess $319,000 $285,000
Liabilities and Equity
Accounts payable $15,000 $21,000
Wages payable 9,000 5,000
Income taxes payable 1,400 2,600
Notes payable long-term 29,000 69,000
Common stock, $5 par value 229,000 179,000
Retained earnings 35,600 8,400
Total liabilities and equity $319,000 $285,000
CRUZ, INC. Income Statement For Year Ended December 31, 2013
Sales $488,000
Cost of goods sold 314,000
Gross profit 174,000
Operating expenses
Depreciation expense $37,600
Other expenses 89,100 126,700
Income before taxes 47,300
Income taxes expense 17,300
Net Income $30,000
Use the above balance sheet and income statement to prepare the cash provided used from operating activities section by direct method. Amounts deducted should be indicated with a minus sign.

Answers

Thinking of the answer

Abe's Steakhouse is the largest upscale steakhouse company in the United States, based on total company- and franchisee-owned restaurants. The company's menu features a broad selection of high-quality steaks and other premium offerings. Assume the information below is from a recent annual report:
a. Common stock, $0.01 par value; 100,090,000 shares authorized; 23,563,356 issued and outstanding at the end of the current year, 23,385,356 issued and outstanding at the end of last year.
b. Additional paid-in capital: $194,389,000 at the end of the current year and $169,431,000 at the end of last year.
c. Retained earnings / (accumulated deficit): ($82,397,000) at the end of last year.
d. In the current year, net income was $53,983,000 and a cash dividend of $7,138,000 was paid.
Required:
Prepare the stockholders’ equity section of the balance sheet to reflect the above information for the current year and last year. (Amounts to be deducted should be indicated with a minus sign.)
Balance sheet
current year last year
shareholder equity
Common stock
Additional paid in capital
Accumulated deficit
total stock holder equity

Answers

Answer:

Abe's Steakhouse

Abe's Steakhouse

Balance sheet

                                                current year            last year

Shareholders' equity:

Authorized share capital:

Common stock, $0.01 par value; 100,090,000 shares

Common stock                           $235,634           $233,853

Additional paid in capital       194,389,000       169,431,000

Accumulated deficit              -35,552,000       -82,397,000

Total stockholder equity    $159,072,634       $87,267,853

Explanation:

a) Data and Analysis:

Authorized share capital:

Common stock, $0.01 par value; 100,090,000 shares

Issued and outstanding share capital:

Last year =    23,385,356 at $0.01    $233,853

Current year 23,563,356 at $0.01   $235,634

Total issued 46,9848,712 at $0.01   $469,487

Additional paid-in capital:

Last year =    $169,431,000

Current year  194,389,000

Total =         $363,820,000

Retained earnings:

Accumulated deficit   ($82,397,000)

Net income                    53,983,000

Dividend paid                  (7,138,000)

Accumulated deficit ($35,552,000)

 

Pharma One’s analgesic drug KleenKare has a 50% share in the analgesics market in the country of Syria. Its closest competitor, CosSign, has a 25% share in the market, while four other analgesic brands split the remaining 25% of the analgesics market. Which statement indicates that KleenKare is a cash cow according to the Boston Consulting Group (BCG) matrix?
1. A customer survey shows that KleenKare users do not prefer it to other analgesics in the market .
2. The demand for analgesic drugs in the Syrian market is expected to maintain a low-growth, high-share status.
3. Pharma One often takes money from other strategic business units to support KleenKare.
4. CoSign is rapidly gaining market share over KleenKare due to aggressive marketing efforts.

Answers

Answer:

Pharma One

The statement that indicates that KleenKare is a cash cow according to the the Boston Consulting Group (BCG) matrix is:

2. The demand for analgesic drugs in the Syrian market is expected to maintain a low-growth, high-share status.

Explanation:

A cash cow depicts the BCG matrix quadrant where there are higher returns, high market share in a low-growth market.  The cash cow requires little investment to generate high returns.  It also provides the cash for financing the other quadrants (dogs, stars, and question marks).  Basically, the BCG matrix, also known as the Growth/Share Matrix, depicts the products' growth opportunities.

Select the correct answer.
In the United States, which assessment system measures inflation?
OA
demand for goods
ОВ. .
supply of goods
Oc
consumer price index
OD
money supply in the economy

Answers

I would go with answer “c”

The net income for Bramble Corp. for 2022 was $264,300. For 2022, depreciation on plant assets was $65,600, and the company incurred a loss on disposal of plant assets of $30,300.

Required:
Compute net cash provided by operating activities under the indirect method, assuming there were no other changes in the company’s accounts.

Answers

Answer:

$360,200

Explanation:

Indirect method reconciles the Net Income to Cash from operating cashflows.

Cash flow from operating activities

Net Income                                                           $264,300

Adjust for non- cash items :

Depreciation                                                          $65,600

Loss on disposal of plant asset                            $30,300

Net Cash Provided by Operating Activities      $360,200

thus,

net cash provided by operating activities is $360,200

Marigold Company is considering two capital investment proposals. Estimates regarding each project are provided below: Project Soup Project Nuts Initial investment $305000 $504000 Annual net income 30000 46000 Net annual cash inflow 110000 156000 Estimated useful life 5 years 6 years Salvage value 0 0 The company requires a 10% rate of return on all new investments. Present Value of an Annuity of 1 Periods 9% 10% 11% 12% 5 3.89 3.791 3.696 3.605 6 4.486 4.355 4.231 4.111
The net present value for Project Nuts is:_______.
a. $84000.
b. $679380.
c. $336316.
d. $175380.

Answers

Answer:

d. $175,380.

Explanation:

Net present value for Project Nuts = (Net annual cash inflow*PV of annuity at 10%, 6 period) - Initial investment

Net present value for Project Nuts = ($156000*4.355) - $504,000

Net present value for Project Nuts = $679,380 - $504,000

Net present value for Project Nuts = $175,380

On July 31, 2020, Vaughn Company had a cash balance per books of $6,132.05. The statement from Dakota State Bank on that date showed a balance of $7,748.15. A comparison of the bank statement with the Cash account revealed the following facts.

1. The bank service charge for July was $25.
2. The bank collected $1,720 for Keeds Company through electronic funds transfer.
3. The July 31 receipts of $1,297.50 were not included in the bank deposits for July. These receipts were deposited by the company in a night deposit vault on July 31.
4. Company check No. 2480 issued to L. Taylor, a creditor, for $391 that cleared the bank in July was incorrectly entered as a cash payment on July 10 for $319.
5. Checks outstanding on July 31 totaled $1,866.60.
6. On July 31, the bank statement showed an NSF charge of $576 for a check received by the company from W. Krueger, a customer, on account.

Required:
Prepare the bank reconciliation as of July 31.

Answers

Answer and Explanation:

The preparation of the bank reconciliation as of July 31 is presented below;

Cash balance as per bank statement $7,748.15

Add: deposit in transit $1,297.50

Less: outstanding checks $1,866.60

Adjusted cash balance per bank $7,179.05

Cash balance as per books $6,132.05

Add: electronic fund transfer received $1,720

Less: error ($391 - $319) -$72

Less: service charges - $25

Less: NSF charges - $576

Adjusted bank balance per books $7,179.05

Ornamental sculptures MFG. manufactures garden sculptures. Each sculpture requires 8 pounds of direct materials at a cost of $2 per pound and 0.4 direct labor hours at a rate of $15 per hour. Variable manufacturing overhead is charged at a rate of $3 per direct labor hour. Fixed manufacturing overhead is $3,900 per month. THe company's policy is to maintain direct materials inventory equal to 20% of the next month's materials requirement. At the end of february the company had 6,180 pounds of direct materials in inventory. The company production budget reports the following:

Production Budget March April May
Units to be produced 4,100 4,700 5,500

Required:
Prepare direct materials budgets for March and April.

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Each sculpture requires 8 pounds of direct materials for $2 per pound

The company's policy is to maintain direct materials inventory equal to 20% of the next month's materials requirement.

Beginning inventory= 6,180 pounds

To calculate direct material purchases, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

March:

Purchases= 4,100*8 + (4,700*8)*0.2 - 6,180

Purchases= 34,140 pounds

Direct material busget= 34,140*2= $68,280

April:

Purchases= 4,700*8 + (5,500*8)*0.2 - 7,520

Purchases= 38,880

Direct material budget= 38,880*2= $77,760

Risk and Return. We have seen that over long periods of time, stock investments have tended to substantially outperform bond investments. However, it is not at all uncommon to observe investors with long horizons holding entirely bonds. Are such investors irrational?

Answers

Answer:

No they are not irrational. They are risk averse

Explanation:

As a general rule the higher the returns on an investment the higher the risk of losing one's funds invested, and the lower the returns the lower the risk.

Bonds have lower returns than stocks but for investors that have long horizon holdings they would prefer investing in bonds.

This is because they are risk averse and the risk in bonds is low.

They are willing to make low returns over a long time than to risk losing their investment on stocks that are riskier

Journalize the following transactions for Tamarisk Company.
(a) Purchased 6,500 units of raw materials on account for $12,200. The standard cost was $13,000.
(b) Issued 6,210 units of raw materials for production. The standard units were 6,360.

Answers

Answer:

Transaction a.

Debit : Raw Materials $12,200

Credit : Accounts Payable $12,200

Transaction b.

Debit : Work in Process $11,656

Credit :Raw Materials $11,656

Explanation:

We use the actual costs to account for the purchase and transfer of materials to production.

Unit Cost = Total Cost ÷ Total units purchased = $1.88

____ communication occurs when the downstream throughput is higher than the upstream throughput. in

Answers

Answer:

asymmetrical communications

Explanation:

The asymmetric or non-symmetrical means to any system where the speed of the data or the quantity varies in one direction if we compared with the other type of direction

Also in this the downstream would be more than the upstream throughput in

Therefore the above represent the answer

Does Amit drive a car safely? (into statement)​

Answers

Answer:

That question in statement form is "Amit drives a car safely"

Explanation:

We know this because it's a response to the question. When asking "Does Amit drive a car safely", we would most likely say "Yes, Amit drives a car safely" or "No, Amit does not drive a car safely". Hope this helps!

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