FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ali is carpenter in AD. Maamigili and produced each year 28,000 table. The EOQ of Ali is 1,500 tables. Ali hold a safety inventory of

Ali is carpenter in AD. Maamigili and produced each year 28,000 table. The EOQ of Ali is 1,500 tables. Ali hold a safety inventory of 700 tables each time and the annual holding cost for one table is MVR 3 per table.

Calculate total annual cost of holding inventory of table of Ali?

Step by Step Solution

★★★★★

3.39 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the total annual cost of holding inventory for Ali we need to consider both the holding ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Finance

Principles of Finance

Authors: Scott Besley, Eugene F. Brigham

6th edition

9781305178045, 1285429648, 1305178041, 978-1285429649

More Books

Students also viewed these Accounting questions

Question

★★★★★
A variety of assembled products are made in batches on a batch model assembly line. Every time a different product is produced, the line must be changed over which causes lost production time. The...

Answered: 1 week ago

Question

★★★★★
The preceding problem describes the factors involved in making a managerial decision on the service level L to use. It also points out that for any given values of L, h (the unit holding cost per...

Answered: 1 week ago

Question

★★★★★
Robert Gates rounds the corner of the street and smiles when he sees his wife pruning rose bushes in their front yard. He slowly pulls his car into the driveway, turns off the engine, and falls into...

Answered: 1 week ago

Question

★★★★★
Mr. Paulo Rodriguez, a fund manager of The Blackstone Group Inc. holds a portfolio with a current value of RM7.83 million. The cash index currently stands at 1,075 points. He fears that the market...

Answered: 1 week ago

Question

★★★★★
Using the information given in Exercise 5Apx-1A, prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the sum-of-the-years-...

Answered: 1 week ago

Question

★★★★★
What is a translation adjustment? How is it computed? Where should it be reported in a set of consolidated finan cial statements? LO6

Answered: 1 week ago

Question

★★★★★
If the true logistic model is logit ([????(???? = 1|????)]) = 1.2 0.8????, determine (a) the probability that ???? = 1 when ???? = 2.5. (b) the probability that ???? = 1 when ???? = 4. (c) the odds...

Answered: 1 week ago

Question

★★★★★
What criteria must be met before donated services can be recorded as contribution revenue and an expense? Give an example of a service that might qualify as a donated service for accounting purposes.

Answered: 1 week ago

Question

★★★★★
Blossom Sports has determined the following unit costs for each of its products: On May 3 1 , Blossom Sports' Work in Process Inventory consisted of the following items: During June, a total of $ 2 9...

Answered: 1 week ago

Question

★★★★★
The trial balance of Jeremina plc as at 31 March 20X2 is as follows: Notes: (i) Stock of finished goods on 31 March 20X2 163,000. (ii) Motor expenses and depreciation on motors to be apportioned:...

Answered: 1 week ago

Question

★★★★★
Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places e.g. 2.25.) Variable costs per unit per unit Click if you would like to Show Work for this question:...

Answered: 1 week ago

Question

★★★★★
Explain why you chose the specific article? How is it relevant to the current health care landscape? Discuss current event from the perspective of a health care administrator. Document your thoughts...

Answered: 1 week ago

Question

★★★★★
7. A series of transactions for Ace Repair is given below. Use the chart to show the effect of each of the transactions on assets, liabilities, and owner's equity by placing an x in the appropriate...

Answered: 1 week ago

Question

★★★★★
(CLO3) Sam and Mike are discussing using a new project management framework. Mike mentions that no matter what the team should always be willing to try new things. Sam asks Mike to focus on the pros,...

Answered: 1 week ago

Question

★★★★★
What would be your opinion about these commenta? 1. The problem with prison gangs and violence is that there is no control inside those prisons. Corrections and jail wardens have a hard time...

Answered: 1 week ago

Question

★★★★★
3 Parametric Equations Parametric Equations 1. Consider the parametric equations 3 x= t+1 = 2t 1 (a) For what values of t are the parametric equations defined? (b) Sketch a graph of the curve on the...

Answered: 1 week ago

Question

★★★★★
The ledger of Rios Company contains the following balances: Retained Earnings $30,000; Dividends $2,000; Service Revenue $50,000; Salaries and Wages Expense $27,000; and Supplies Expense $7,000....

Answered: 1 week ago

Question

★★★★★
Could a set of three vectors in span all of? Explain. What about n vectors in when n is less than m? R4

Answered: 1 week ago

Question

★★★★★
The management of Ferri Phosphate Industries (FPI) is planning next years capital budget. FPI projects its net income at $7,500, and its dividend payout ratio is 30 percent. The companys earnings and...

Answered: 1 week ago

Question

★★★★★
What four financial statements appear in most annual reports?

Answered: 1 week ago

Question

★★★★★
The McGill Companys sales are forecasted to increase from $1,000 in 2015 to $2,000 in 2016. Following is the December 31, 2015, balance sheet: McGills fixed assets were used to only 50 percent of...

Answered: 1 week ago

Question

★★★★★
Since 1985, average mortgage interest rates have fluctuated from a low of nearly 3% to a high of over 14%. Is there a relationship between the amount of money people borrow and the interest rate...

Answered: 1 week ago

Question

★★★★★
A survey was conducted in the United States and 10 countries of Western Europe to determine the percentage of teenagers who had used marijuana and other drugs. The results are summarized in the...

Answered: 1 week ago

Question

★★★★★
In the previous exercise you analyzed the association between the amounts of fat and sodium in fast food hamburgers. What about fat and calories? Here are data for the same burgers: a) Analyze the...

Answered: 1 week ago

Previous Question Next Question