Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 04, 2021

The demand for metal stampings at Forty Thieves Manufacturing FTM is 72000year Each metal stamping costs 1200 and inventory carrying rate is 20 of the

The demand for metal stampings at Forty Thieves Manufacturing FTM is 72000year Each metal stamping costs 1200 and inventory carrying rate is 20 of the purchase price Ordering costs are 600order

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Annual Demand D 14000 units given Unit cost C 140 given Annual Inventory cost H 35 give... 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

Step: 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

Accounting Tools for business decision making

Authors: kimmel, weygandt, kieso

4th Edition

978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461

More Books

Students also viewed these Finance questions

Question

★★★★★

The Denver Metal Shop purchased a stamping machine for $157,000 on March 1, 2009. The machine is expected to have a useful life of 10 years, a salvage value of $27,000, a production of 250,000 units,...

Answered: 1 week ago

Question

★★★★★

For Roche Inc., variable manufacturing overhead costs are expected to be $20,000 in the first quarter of 2012, with $4,000 increments in each of the remaining three quarters. Fixed overhead costs are...

Answered: 1 week ago

Question

★★★★★

Demand for an item is steady at 20 units a week and the economic order quantity has been calculated at 50 units. What is the reorder level when the lead time is (a) 1 week, (b) 2 weeks?

Answered: 1 week ago

Question

★★★★★

. What is the output of the following program? Write your answer in the box below. #include using namespace std; int main() { int a=4; int b=6; int i; int j; } int** k; i = &a; j = &b; *j = 8; if...

Answered: 1 week ago

Question

★★★★★

A unity feedback control system has a plant transfer function We desire to attain a steady-state error to a ramp r(f) = At of less than 0.05/1 and a phase margin of 30°. We desire to have a...

Answered: 1 week ago

Question

★★★★★

The situation in Exercise 16.

Answered: 1 week ago

Question

★★★★★

Let X be a continuous random variable with probability density function f and assume that a 0 and b are two real numbers. (i) Show that the probability density fY of the variable Y = aX + b is given...

Answered: 1 week ago

Question

★★★★★

Use the Access_Practice.accdb database to complete the following tasks in Access. a. The database contains three tables containing information about this companys sales process: Inventory, Sales, and...

Answered: 1 week ago

Question

★★★★★

2) Jovic Grill Company makes a single product - a handmade specialty barbeque grill that sells for $500. Data for last year's operations follow: Required: a) Compute the unit product cost for one...

Answered: 1 week ago

Question

★★★★★

On June 12, 2002, Delta Corporation was awarded a $160,000 contract for testing a product. The contract consisted of $143,000 for labor and materials, and the remaining $17,000 was profit. The...

Answered: 1 week ago

Question

★★★★★

During 2 0 1 7 , Mr . B makes a $ 5 5 0 0 contribution to a new RRSP in which he is the registrant. His wife, Mrs . B , also makes a $ 5 5 0 0 contribution to his RRSP in 2 0 1 7 . In 2 0 1 8 , Mr ....

Answered: 1 week ago

Question

★★★★★

+ 5. What record numbers would be in the final set of the following search (3 pts): Pharmacists and (Nebraska or Iowa) Iowa 302, 356, 411, 477, 522, 540, 587, 600, 633 (9) Nebraska - 310, 356, 439,...

Answered: 1 week ago

Question

★★★★★

Explain the importance of secure attachment in babies and identify what the educator must do to facilitate secure attachment

Answered: 1 week ago

Question

★★★★★

Design a simple passive low-pass filter with a corner frequency of 50 Hz. You may assume that 0.01 uF capacitor is available. What would be the resistor value that best approximates this filter? With...

Answered: 1 week ago

Question

★★★★★

What is the Linux equivalent of the Windows ls command displaying the details of the files and folders#?

Answered: 1 week ago

Question

★★★★★

Creating a Flexible Organization, describes the various ways organizations arrange themselves to achieve their goals and accomplish tasks. The structure of an organization is a function of the type...

Answered: 1 week ago

Question

★★★★★

The City of Batavia ordered new computer equipment for $21,000 on November 3, 2022. The equipment had not been received by December 31, 2022, Batavia's fiscal year-end. Required: a. Assume that the...

Answered: 1 week ago

Question

★★★★★

Four GWU students have been selected to taste food sold by 3 different food trucks labeled as food truck A, B and C on H & 22nd Streets every Monday for 3-weeks. For each student, food trucks are...

Answered: 1 week ago

Question

★★★★★

Burden Inc. is considering these two alternatives to finance its construction of a new $2 million plant:(a) Issuance of 200,000 shares of common stock at the market price of $10 per share.(b)...

Answered: 1 week ago

Question

★★★★★

Deloise Company purchased a new machine on October 1, 2012, at a cost of $90,000. The company estimated that the machine has a salvage value of $8,000. The machine is expected to be used for 70,000...

Answered: 1 week ago

Question

★★★★★

Tony Andres is studying for his next accounting examination. Explain to Tony what he should know about the differences between the income statements for a manufacturing and for a merchandising...

Answered: 1 week ago

Question

★★★★★

In determining a (1 a) percent confidence interval for the mean of a normal population, assuming that the variance is known, how large a sample is needed to make the confidence interval 1/3 as large...

Answered: 1 week ago

Question

★★★★★

In a sample of 100 items from a production process, 4 were found to be defec tive. Assuming that the production process behaves like a Bernoulli process, determine 95 percent and 99.7 percent...

Answered: 1 week ago

Question

★★★★★

Prove that the kth sample moment is an unbiased estimator of the &th popu lation moment of a random variable (provided, of course, that the kth pop ulation moment exists).

Answered: 1 week ago

Previous Question Next Question