Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Tangent Corporation wants to move 500 freezers this year from ts plant to its warchouse and then to its own retail store. Freezer demand

image text in transcribed
The Tangent Corporation wants to move 500 freezers this year from ts plant to its warchouse and then to its own retail store. Freezer demand at the locall netail store has averaged 4 units per working day The plant shipped 10 shipments of 50 units each to the warehouse over the course of the year and shipments of 4 units to the retailer. The tollowing data has been collected PRODUCT CHARACTERISTICS Selling Price Variable Manufacturing Cost Product Weight- Product Size 5,000/Freece $3,000/Freezer 700 Lbs /Unit 100 Cubic Feet per Unt TRANSPORT COST RATE 39 per CWT $6 per CWT $4 per CWT SHIPMENT SIZE Less than 10.000 s 10,000-49.909 s 50.000 ibs and over TocalDelivery Rates (veto R) 22 per Freeze Percentage is 40%. INVENTORY CARRYING COST f the anmal material hondling cost is $2.000 The anmmal ICC (AxBC) is The Tangent Corporation wants to move 500 freezers this year from ts plant to its warchouse and then to its own retail store. Freezer demand at the locall netail store has averaged 4 units per working day The plant shipped 10 shipments of 50 units each to the warehouse over the course of the year and shipments of 4 units to the retailer. The tollowing data has been collected PRODUCT CHARACTERISTICS Selling Price Variable Manufacturing Cost Product Weight- Product Size 5,000/Freece $3,000/Freezer 700 Lbs /Unit 100 Cubic Feet per Unt TRANSPORT COST RATE 39 per CWT $6 per CWT $4 per CWT SHIPMENT SIZE Less than 10.000 s 10,000-49.909 s 50.000 ibs and over TocalDelivery Rates (veto R) 22 per Freeze Percentage is 40%. INVENTORY CARRYING COST f the anmal material hondling cost is $2.000 The anmmal ICC (AxBC) is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Financial Accounting Version 3.1

Authors: Joe Ben Hoyle, C.J. Skender, Leah Kratz

1st Edition

1453339442, 9781453339442

More Books

Students also viewed these Accounting questions

Question

=+b) Form the F-statistic by dividing the two mean squares.

Answered: 1 week ago

Question

What are some sources of ethical guidance?

Answered: 1 week ago