Based on the constant demand assumption in the economic order quantity (EOQ) model, the average cycle inventory is: Question 20 options: the order quantity divided by the number of inventory cycles per year. the annual demand divided by the number of inventory cycles per year. half of the order quantity. half of the annual usage.

Answers

Answer 1

Answer:

c. half of the order quantity

Explanation:

Based on the constant demand assumption in the economic order quantity (EOQ) model, the average cycle inventory is half of the order quantity

Economic order quantity is a quantity which minimizes the ordering cost and holding cost  

Q = EOQ = [tex]\sqrt{2*D*S/ H}[/tex] where  D = Demand unit, S = Order cost and H = Holding cost

- Ordering cost and the Holding at EOQ will be same

- Average inventory = Q/2

- Average inventory is the half of the order quantity.


Related Questions

In September 2008, the stock market fell sharply and continued to perform poorly due to the financial crisis. How did this change impact GDP in the economy?

Answers

Answer:

Many people's wealth is held in stocks and as the price of stocks collapsed, they lost wealth.

Imagine that this happened to you. One day you are rich and that affects your spending habits. In a matter of few days or weeks, you lose a large portion of your wealth. So now, you are less rich or even poor. So your spending habits will be altered, i.e. you will spend less.

If you consider the economy as a whole, aggregate demand will fall, resulting in a decrease of aggregate supply, and an overall decrease of the GDP.

In 2010, the $471 billion deficit on the U.S. current account was offset by a surplus of $255 billion on financial account. This difference is the result of:_________.
A. budget deficit.
B. statistical discrepancy.
C. trade deficit.
D. national debt.

Answers

Answer:

B. statistical discrepancy.

Explanation:

Since it is mentioned that the $471 million represents the deficit in the US current account i.e. counterbalanced by a surplus of $255 billion

So here the difference represents the statistical discrepancy

Therefore as per the given situation, the correct option is B

And, the rest of the options are wrong

Nikoto Steel Co. budgeted manufacturing costs for 50,000 tons of steel are:Fixed manufacturing costs $50,000 per monthVariable manufacturing costs $12.00 per ton of steelNikoto produced 40,000 tons of steel during March. How much is the flexible budget for total manufacturing costs for March?a) $520,000b) $650,000c) $480,000d) $530,000

Answers

Answer:

d) $530,000

Explanation:

The computation of the total manufacturing cost for the march month is shown below

= Fixed manufacturing cost + (produced tons × variable manufacturing cost per ton)

= $50,000 + (40,000 Tons × $12.00 per ton)

= $50,000 + $480,000

= $530,000

hence, the total manufacturing cost for the march month is $530,000

Therefore the correct option is d.

Z company retires a $70 million bond issue when the carrying value of the bonds is $65 million, but the market value of the bonds is $74 million. Z company will record the retirement as:__________.
A) A debit of $9 million to Loss due to early extinguishment.
B) A credit of $9 million to Gain due to early extinguishment.
C) No gain or loss on retirement.
D) A debit to Cash for $74 million

Answers

Answer:

A debit of $9 million to Loss due to early extinguishment.

Explanation:

Based on the information given we were told that the carrying value of the bonds was the amount of $65 million in which the market value of the bonds was the amount of $74 million based on this thebcompany will record the retirement as a debit of $9 million to Loss due to early extinguishment calculated as: ($65 million -$74 million)

True or False: According to economic theory, because coupons are free, people who do not clip coupons are behaving irrationally.

Answers

Answer: false

Explanation:

The coupons are a type of promo code that is used for shopping or when buying a ne product or an item of sale. There are various sorts of coupons such as those of the households, personal care, and grocery coupons,

As per the economic theory people who don't clip the coupons that are free dint behave rationally is false. As coupons is a sort of discount rate that is only applicable to the specific items and has serval conditions.

Hence the option is False.

Learn more about the According to economic theory, because of coupons.

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Portfolio Beta (LG10-3) You have a portfolio with a beta of 1.16. What will be the new portfolio beta if you keep 90 percent of your money in the old portfolio and 10 percent in a stock with a beta of 0.69?

Answers

Answer:

the new portfolio beta is 1.11

Explanation:

The computation of the new portfolio beta is as follows;

The Beta of the new portfolio is

= (Portfolio beta × given percenatge) + (beta of the stock  × given percentage)

= (1.16 × 0.9) + (0.69 × 0.1)

= 1.11

hence, the new portfolio beta is 1.11

We simply applied the above formula so that the correct value could come

And, the same is to be considered

An example of a poor study environment is a place with

a chair that has a strong back.
textbooks and other resources.
minimal talking and no background noise.
messy surfaces and a lot of movement.

Answers

Answer:

messy surfaces and a lot of movement

Explanation:

It will make you less focused

Answer:

D messy surfaces and a lot of movement.

Explanation:

At age 37 you start saving for retirement if your investment plan pays an APR of 6% and you want to have $.09 million when you retire in 28 years, how much should you deposit monthly?

Answers

Answer:

Monthly deposit= $1,036.116

Explanation:

Giving the following information:

Future Value (FV)= $900,000

Number of periods= 28*12= 336 months

Interest rate (i)= 6% = 0.06/12= 0.005

To calculate the monthly deposit, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= {900,000*0.005) / [(1.005^336) - 1]

A= $1,036.116

Explain the problem of unintended consequences

Answers

In the social sciences, unintended consequences (sometimes unanticipated consequences or unforeseen consequences) are outcomes of a purposeful action that are not intended or foreseen. The term was popularised in the twentieth century by American sociologist Robert K. Merton.

Frictional and structural unemployment can be alleviated by implementing a supply-side policy such as 19) A) * decreasing government subsidies. B) increasing the power of trade unions. ) cutting back on business spending on educational training. D) the government giving tax breaks to companies locating in poor geographic areas.​

Answers

Answer: the government giving tax breaks to companies locating in poor geographic areas.

Explanation:

We discussed the invasions of the Roman world by various Germanic tribes in the fifth century and the Arab-Islamic conquests of Persia, most of the Byzantine Empire, and much of the Mediterranean world in the seventh and eighth centuries. How did the new invaders manage to govern the advanced civilizations that they conquered?

Answers

Answer:

The invaders were able to govern the more advanced civilizations because they adopted most of the conquered civilizations' customs, rules of governance, and even languages and religion.

For example, in the case of the Germanic tribes that conquered the Western Roman Empire, the rulers adopted, one by one, the religion of the Roman Empire: Christianity, more specifically, the Roman Catholic variant.

They also began to use the language of the Empire: Latin, for ecclessiastical and political matters, and while political institutions did change a lot, some of the political institutions of the Empire did survive in the sucessor states that the Germanic rulers carved out of the Roman territory.

Fabri Corporation is considering eliminating a department that has an annual contribution margin of $37,000 and $74,000 in annual fixed costs. Of the fixed costs, $18,500 cannot be avoided. The annual financial advantage (disadvantage) for the company of eliminating this department would be:___________.
a. ($37,000)
b. $37000
c. ($18,500)
d. $18,500

Answers

Answer:

Effect on income= $18,500 increase

Explanation:

Giving the following information:

Contribution margin= $37,000

Fixed costs= $74,000

Unavoidable fixed costs= $18,500

We will consider only the avoidable fixed costs:

Avoidable fixed costs= 74,000 - 18,500= $55,500

Current loss= 37,000 - 55,500= -$18,500

Now, the effect on the income of eliminating the department:

Effect on income= current loss + contribution margin

Effect on income= -18,500  + 37,000

Effect on income= $18,500 increase

help can someone solve this ?​

Answers

Answer:

4;BD

Explanation:

IT like saying that when his income was zero his consumption was zero so F is zero for income, B is zero for consumption

Which of the following scenarios BEST illustrates the role of money as a medium of exchange?

A
Jane writes a $600 check to pay her rent.
B
Jane has a $500 balance on her credit card.
C
Jane puts 5% of her income into savings each month.
D
Jane uses her investments as collateral for a business loan.

Answers

Answer:it’s A

Explanation: I just took a test with this question

Scenarios that best illustrates the role of money as a medium of exchange is Jane writes a $600 check to pay her rent. Option (a) is correct.

What do you mean by Exchange?

Giving or receiving something in exchange for another is known as an exchange.

As a means of exchange, money makes transactions for goods and services easier. Producers trade money for the products they sell to wholesalers. Retailers then sell the goods to consumers in exchange for money from wholesalers, who in turn sell their products to them.

The first function of money is that it is a medium of trade, which implies that it works as a go-between for buyers and sellers. The accountant now trades accounting services for money instead of shoes when they were first introduced.

Therefore, Option (a) is correct. Scenarios that best illustrates the role of money as a medium of exchange is Jane writes a $600 check to pay her rent.

Learn more about Exchange, here;

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Dragon makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for June, July, and August were $120,000, $160,000, and $220,000, respectively, what were the firm's budgeted collections for August and the company's budgeted receivables balance on August 31?

Answers

Answer: $174000

Explanation:

The firm's budgeted collections for August and the company's budgeted receivables balance on August 31 would be calculated as:

= (30% × $220,000) + (60% × $160,000) + (10% × $120,000)

= (0.3 × $220,000) + (0.6 × $160,000) + (0.1 × $120,000)

= $66000 + $96000 + $12000

= $174000

what compiles customer information from a variety of sources and segments the information for different

Answers

Answer:

List generator.

Explanation:

List generator compiles customer information from a variety of sources and segments the information for different marketing campaigns.

Basically, this information are used to provide a good, effective and efficient marketing mix.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Marketing is all of the activities used to exchange goods and services between businesses and consumers.
true
false

Answers

Answer: True

Explanation:  

Marin Company's accounts receivable arising from sales to customers amounted to $131000 and $114000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $498000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

Answers

Answer:

$481,000

Explanation:

To determine the cash flows from operating activities, the net Income for the year must be adjusted by non - cash items and changes in working capital items.

Therefore, given a decrease in Accounts Receivable $17,000 ($131000 - $114000) . Then the cash flows from operating activities to be reported on the statement of cash flows is $481,000 ($498000 - $17,000) .

Unon Inc. offers its employees a career management program in which they can take a variety of self-assessments. When employees complete these self-assessments, what is the organization's responsibility in the next stage of the career management process

Answers

Answer: Communicating to the employee the results of the performance evaluation and any development opportunities available

Explanation:

Based on the above scenario, the organization's responsibility in the next stage of the career management process will be to let the employees know the result of the performance evaluation assessments that was done and also inform them about any other development opportunities that were available.

This is vital for organizational development as the employees can seek ways to improve and this will contribute a positive quota to the growth of the company.

Kellogg Co. (K) recently earned a profit of $2.22 earnings per share and has a P/E ratio of 19.35. The dividend has been growing at a 6 percent rate over the past few years. If this growth rate continues.

Required:
a. What would be the stock price in four years if the P/E ratio remained unchanged?
b. What would the price be if the P/E ratio declined to 16 in four years?

Answers

Answer and Explanation:

The computation is shown below:

The following formula should be used

= P/E ratio × EPS × (1 + growth rate)^n umber of years

a. The stock price in four years is

= $19.35 × $2.22 × (1 + .06)^4

= $54.23

b. The stock price in four years in the case when the P/E ratio fall to 16

= $16 × $2.22 × (1 + .06)^4

= $44.84

We simply applied the above formula so that the correct price could come

And, the same is to be considered

During periods of decreasing costs, the use of the LIFO method of costing inventory will result in a lower amount of net income than would result from the use of the FIFO method.
a. True
b. False

Answers

Answer:

b. False

Explanation:

LIFO stand for Last in First Out. This means LIFO inventory valuation is based on earlier goods purchased.

So, when costs are decreasing, they are affecting latter prices and this usually affect FIFO (First in First Out) not LIFO.

DB sells 500 bottles of supplements per week at $ 75 per bottle. DB's supplier charges DB $ 20 per order and $ 40 per bottle. DB's annual holding cost percentage is 30 % of unit cost. DB operates 50 weeks in a year. What is DB's total annual ordering and holding cost , if DB orders 200 bottles at a time?

Answers

Answer:

$3,700

Explanation:

total annual demand = 500 x 50 = 25,000

if 200 units are purchased at a time, then they need to make 25,000 / 200 = 125 orders per year.

annual ordering costs = 125 x $20 = $2,500

average inventory = 200 / 2 = 100

annual holding cost = 100 x $40 x 30% = $1,200

total = $2,500 + $1,200 = $3,700

Priority Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 9,000 Actual variable overhead incurred: $54,400 Actual machine hours worked: 16,000 Standard variable overhead cost per machine hour: $3.50 If Priority estimates two hours to manufacture a completed unit, the company's variable-overhead efficiency variance is:

Answers

Answer:

Variable overhead efficiency variance= $7,000 favorable

Explanation:

Giving the following information:

Actual units produced: 9,000

Actual machine hours worked: 16,000

Standard variable overhead cost per machine hour: $3.50

Standard hours= 2 hours per unit

To calculate the variable overhead efficiency variance, we need to use the following formula:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 2*9,000= 18,000

Variable overhead efficiency variance= (18,000 - 16,000)*3.5

Variable overhead efficiency variance= $7,000 favora

Under the modified accrual basis of accounting for a governmental unit, revenues should be recognized in the accounting period in which they:____.
A. Are earned and become measurable.
B. Are collected Become available and measureable.
C. Become available and earned.
D. Are earned and collected.

Answers

Answer:

The answer is B.

Explanation:

Modified accrual basis of accounting combine both the characteristics of accrual basis and cash basis together.

Revenue is only recognize in the income statement when it is measurable(must be reasonably estimated) and available to finance the firm's expenditure.

Orlando Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 12,000 Actual variable overhead incurred: $77,700 Actual machine hours worked: 18,800 Standard variable overhead cost per machine hour: $4.50 If Orlando estimates 1.5 hours to manufacture a completed unit, the company's variable-overhead spending variance is:

Answers

Answer:

$37,600 favorable

Explanation:

Variable overhead spending variance can be computed as;

= (Actual hours worked × Actual variable overhead rate) - ( Actual hours worked - Standard variable overhead rate)

= ( 18,800 hours × $77,700/12,000) - (18,800 hours × $4.5)

= [(18,800 × $6.5) - (18,800 × $4.5)]

= $122,200 - $84,600

= $37,600 favorable

The ______ approach to civility argues that it is better to be polite and courteous and observe the norms of a given culture because it reduces the potential for suffering and violence.

a. agitation
b. engagement
c. invitational
d. disobedience

Answers

Answer:

c. invitational

Explanation:

The two basic approaches to civility are the invitational and the confrontational differ in that the invitational approach argues in favor of politeness and good manners, and following the norms of the foreign (or other) culture. Silence and reflection are a trait of the invitational approach.

The invitational and confrontational methods to civility differ in that the invitational approach advocates for politeness and good manners, as well as adhering to the standards of the foreign (or other) culture.

The invitational method is characterized by silence and reflection.

So, Option C is the correct approach.

The other Options are incorrect as:

Option A is incorrect as Informant ratings, observational methods, and technology instruments are all used to assess agitation.

Option B is incorrect as Engagement is a continuous process that presupposes "important" stakeholders will be involved from the start of a project or policy to its implementation and subsequent review.

Option D is incorrect as Disobedience is intentionally refusing to do what someone in authority tells you to do or what a rule or law says you should do.

Thus Option C is the correct approach for the following question.

For more information about the invitational approach refer to the link:

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The Blue Spruce Corp. has five plants nationwide that cost $350 million. The current fair value of the plants is $580 million. The plants will be reported at assets as:_________.
a) $930 million
b) $230 million
c) $350 million
d) $580 million

Answers

Answer:

C

Explanation:

Equipment are reported at historical values. the historical value in this case is the price at which the plants were acquired. This is $350 million.

Fair value is the price at which the plant would be sold at the market today.

The fair value would be recorded  by the acquiring firm in the case of the acquisition of The Blue Spruce Corp. or in a case were the plants are sold

In the domestic market, following the imposition of a voluntary quota, imports ________, domestic production ________, and prices ________.

a. increase; decreases; decrease
b. decrease; decreases; increase
c. decrease; increases; increase
d. increase; increases; increase
e. decrease; increases; decrease

Answers

Answer:

c. decrease; increases; increase

Explanation:

In the case of the domestic market, the import quota would be considered as an upper limit where the country could import

Now when the import quota would imposed so the import would decreased, the domestic production would increased and the price is also increased

hence, the correct option is c

And, the rest of the options are incorrect

A company reports basic earnings per share of $3.50, cash dividends per share of $1.25, and a market price per share of $64.75. The company's dividend yield equals:
a. 1.93%
b. 2.14%
c. 4.67%

Answers

Answer:

$1.93

Explanation:

The earnings per share is $3.50

Cash dividend per share is $1.25

Market price per share is $64.75

Therefore the company's dividend yield can be calculated as follows

= 1.25/64.75

= 0.0193 × 100

= $1.93

Hence the company's dividend yield is $1.93

Billy Luker made several stock sales during 2020. Determine the net capital gain or loss for the following transactions: Date Purchased Cost Date Sold Sales Price 1-1-20 $ 4,000 6-2-20 $ 6,000 7-6-19 10,000 7-7-20 14,000 7-6-19 20,000 7-6-20 17,000 4-3-19 5,000 6-2-20 4,000 $2,000 net short-term capital gain. $2,000 net capital gain. $3,000 net long-term capital gain and $1,000 net short-term capital loss.

Answers

Answer:

The correst option is b. $3,000 net long-term capital gain and $1,000 net short-term capital loss.

Explanation:

Note: This question is not comple and the data in it are merged together. The complete question withe sorted data are therefore provided before answering the question as follows:

Billy luker made several stock sales during 2018. determine the overall result of the following transactions:

Date Purchased       Cost               Date Sold            Sales Price

       1-1-20               $4,000                6-2-20                 $6,000

       7-6-19               10,000                 7-7-20                  14,000

       7-6-19              20,000                 7-6-20                  17,000

       4-3-19                5,000                 6-2-20                   4,000

a. $2,000 net short-term capital gain.

b. $3,000 net long-term capital gain and $1,000 net short-term capital loss. c. $2,000 net long-term capital gain.

d. $4,000 net long-term capital gain and $2,000 net short-term capital loss.

The explanation to answer is now given as follows:

Step 1: Calculation of net long-term capital gain/loss

Gains and losses that occurred from the sale or exchange of capital assets that are held for more than one year are referred to as long-term capital gains and losses.

From the question, the second and fourth stocks are held for more than one year and they are therefore long-term sales. Therefore, we have:

Long-term capital gain from the second stock sales = Sales Price – Cost = $14,000 - $10,000 = $4,000

Long-term capital loss from the fourth stock sales = Cost – Sales price = $5,000 - $4,000 = $1,000

Net long-term capital gain = Long-term capital gain from the second stock sales - Long-term capital loss from the fourth stock sales = $4,000 - $1,000 = $3,000

Step 2: Calculation of net short-term capital gain/loss

Gains and losses that occurred from the sale or exchange of capital assets that are held for one year or less are referred to as short-term capital gains and losses.

From the question, the first and third stocks are held for one year or less and they are therefore short-term sales. Therefore, we have:

Short-term capital gain from the first stock sales = Sales Price – Cost = $6,000 - $4,000 = $2,000

Short-term capital loss from the third stock sales = Cost – Sales price = $20,000 - $17,000 = $3,000

Net short-term capital loss = Short-term capital loss from the third stock sales Short-term capital gain from the first stock sales = $3,000 - $2,000 = $1,000

Conclusion

Therefore, the correct option is b. $3,000 net long-term capital gain and $1,000 net short-term capital loss.

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