A speaker manufacturer, Golding Audio, uses approximately 36,000 tweeter units annually. These components are consumed at a steady rate during the 240 workdays per year that the facility operates. The annual holding cost per unit is $0.60, and the ordering cost is $45 per order. What is the number of workdays in an order cycle?
Q: Plz correct solution???
A: Step 1: Definition of Manufacturing Overhead RateThe manufacturing overhead rate is used to allocate…
Q: I need help solving this General accounting question with the proper methodology.
A: Step 1: Define Gross Profit RateThe gross profit rate (also known as the gross profit margin) is a…
Q: During one week, Kenny sold goods worth $2,100.
A: Concept of Wage:A wage is a fixed regular payment earned by an employee, typically calculated on a…
Q: What is the balance of the Building account?
A: Definition of Accounting Equation:The Accounting Equation states that Assets = Liabilities +…
Q: Please provide the correct answer to this financial accounting problem using accurate calculations.
A: Provided Data:Net Income = $58,200Total Equity = $291,000Step 1: Key DefinitionsDefinition of Net…
Q: what should investors expect as a return on westbrook stock ?? general accounting
A: To determine the expected return on Westbrook Corp. stock using the Capital Asset Pricing Model…
Q: what is the depreciation expense for year 1 and year 2?
A: Step 1: Definition of Units-of-Activity Depreciation MethodThe Units-of-Activity (or…
Q: give me correct option please
A: Step 1: Definition of Ending InventoryEnding inventory refers to the value of the goods that a…
Q: I need guidance in solving this financial accounting problem using standard procedures.
A: Let's break it down using DuPont Analysis, which breaks Return on Investment (ROI) into:ROI = Profit…
Q: Assume that markup is based on the cost
A: Dollar Markup = Selling Price - CostDollar Markup = 29.50-23.75Dollar Markup = $5.75 Percent Markup…
Q: Solve
A: Step 1: Definition of Break-even PointThe break-even point is the level of sales where a company's…
Q: A business has the following balances: Cash $10,000, Accounts Receivable $5,000, Equipment $20,000,…
A: Explanation of Accounting Equation: The accounting equation is the fundamental formula that forms…
Q: Accounting answer please
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) is a financial ratio that…
Q: Sunshine Traders uses the accrual basis of accounting. If it provides services worth $5,000 in March…
A: Explanation of Accrual Basis of Accounting: The accrual basis of accounting is a method where…
Q: what is the comanys plantwide overhead rate ?? accounting
A: Step 1: Definition of Plantwide Overhead RateA plantwide overhead rate is a rate used to allocate…
Q: The Riverfront has sales of $875,600, costs of goods sold of $623,800, inventory of $152,700, and…
A: Step 1: Definitions Concept of Inventory Turnover:Inventory turnover is a financial ratio that shows…
Q: Can you explain the steps for solving this General accounting question accurately?
A: Step 1: Define Accounting EquationThe Accounting Equation is the foundation of the double-entry…
Q: Socrates Co. presently leases a copy machine under an agreement that calls for a fixed fee each…
A: Explanation of Fixed Cost:Fixed cost is a business expense that does not change with the level of…
Q: What are the expected total fixed overhead costs?
A: Explanation of High-Low Method: The high-low method is a cost estimation technique used to separate…
Q: Can you demonstrate the accurate method for solving this General accounting question?
A: Step 1: Define Break-Even SalesBreak-even sales refer to the level of revenue at which a company…
Q: general accounting
A: Step 1: Definition of P/E RatioThe Price-to-Earnings (P/E) Ratio is a valuation ratio that shows how…
Q: Can you explain the correct approach to solve this general accounting question?
A: Step 1: Definition of Retained EarningsRetained earnings represent the portion of net income that is…
Q: Mathur Manufacturing uses a job order costing system. During one month, Mathur purchased $188,000 of…
A: Explanation of Raw Materials:Raw materials are the basic inputs used in the manufacturing process…
Q: Can you help me solve this general accounting problem using the correct accounting process?
A: To calculate the common-size percentage for Net Fixed Assets, we first need to find the total…
Q: Conversion cost per unit equals $6. Total materials costs equal $60,000. Equivalent units for…
A: Concept of Conversion Cost per Unit:Conversion cost per unit refers to the cost incurred to convert…
Q: Please explain the solution to this financial accounting problem with accurate principles.
A: Step 1: Define Beginning InventoryBeginning inventory refers to the value of the inventory at the…
Q: Please provide the correct answer to this general accounting problem using valid calculations.
A: Step 1: Define Total AssetsTotal assets on the balance sheet represent everything the company owns…
Q: What is the expected percentage change in net operating income? Accounting question
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL) is a…
Q: A Company uses a predetermined overhead rate based on direct labor hours to apply manufacturing…
A: Explanation of Predetermined Overhead Rate: A predetermined overhead rate is a calculated rate used…
Q: Hello tutor provide solution
A: Step 1: Definition of Accounting EquationThe accounting equation is a fundamental concept in…
Q: need help this question
A: a) Choi's percentage flotation costDefinition:Flotation cost is the cost the company incurs when it…
Q: ?
A: Concept of Revenue (Sales on Account):Revenue is the total amount earned from selling goods or…
Q: What is the stock price? General Accounting
A: Let's break it down simply: The Price-to-Earnings (P/E) Ratio tells you how much investors are…
Q: How much raw materials were transferred to production during 2017 for Beason ?
A: Step 1: Definition of Raw Materials Transferred to ProductionRaw Materials Transferred to Production…
Q: Plz correct answer?? Acc
A: To calculate the overhead applied using direct labor hours, follow these steps: 1: Calculate the…
Q: chose best answer
A: Let's calculate the ending inventory value under absorption costing. 1: Understand absorption…
Q: Can you demonstrate the proper approach for solving this financial accounting question with valid…
A: Step 1: Definition of Profit Margin and Asset Turnover Profit margin measures how much of each…
Q: Noah Parker manufacturing has collected the following data for its production costs over several…
A: Step 1: Identify the high and low activity levelsFrom the table: Highest units produced = 600,000…
Q: Determine the predetermined shop overhead rate
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is a cost accounting…
Q: I need the correct answer to this financial accounting problem using the standard accounting…
A: Step 1: Definition of Provision for Doubtful AccountsProvision for doubtful accounts is an estimate…
Q: I want the correct answer with accounting question
A: Step 1: Definition of Tax LiabilityTax liability refers to the amount of tax that an individual or…
Q: Accounting questions
A: Step 1: Definition of Equity Multiplier The Equity Multiplier is a financial leverage ratio that…
Q: I am trying to find the accurate solution to this general accounting problem with the correct…
A: To estimate direct labor costs using the High-Low Method, follow these steps: 1: Identify High and…
Q: Choice best answer
A: Step 1: Definition of the Balance SheetThe balance sheet is a key financial statement that provides…
Q: I want the correct answer with general accounting
A: To calculate goodwill, use this formula: Goodwill = Purchase Price - (Fair Value of Assets Acquired…
Q: Please provide the accurate answer to this financial accounting problem using valid techniques.
A: Step 1: Define Stockholders' EquityStockholders' equity represents the owners' claim after all…
Q: 4 POINT
A: Explanation of Book Value:Book value refers to the net amount at which an asset is carried on the…
Q: need help this question
A: Step 1: Definition of Return on Common Stockholders' Equity (ROE)Return on Common Stockholders'…
Q: i dont know answer please help me this problem
A: Step 1: Definition of Weighted-Average Inventory Costing MethodThe weighted-average inventory…
Q: provide answer please
A: Approach to solving the question: Detailed explanation:Given Data:- Selling price per tire = $75 -…
What is the number of workdays in an order cycle ?


Step by step
Solved in 2 steps

- The Annual demand for the Sigma company is 5,400 computers. The carrying cost and ordering cost of the Sigma company is $ 30/ year and $250/ order. Calculate the time between orders? 22 days (Approximately) 16 days (Approximately) 20 days (Approximately) 17 days (Approximately)TS Co has daily demand for ball bearings of 40 a day for each of the 250 working days (50 weeks) of the year. The ball bearings are purchased from a local supplier for $2 each. The cost of placing an order is $64 per order, regardless of the size of the order. The inventory holding costs, expressed as a percentage of inventory purchase price, is 25% per annum. What is the economic order quantity?Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,300 units. Southeastern estimates its annual holding cost for this item to be $23 per unit. The cost to place and process an order from the supplier is $74. The company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days. a) What is the economic order quantity? units (round your response to the nearest whole number).
- Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the year. These brackets are purchased from a supplier 100 miles away for $15 each, and the lead time is 2 days. The holding cost per bracket per year is $1.50 (or 10% of the unit cost) and the ordering cost per order is $18.75. There are 250 working days per year.Required:(a). What is the EOQ?( b.) Given the EOQ, what is the average inventory? What is the annual inventory holding costs?( c). In minimizing cost, how many orders would be made each year? What would be the annual ordering cost?( d). Given the EOQ, what is the total annual inventory cost, including purchase cost?( e). What is the time between orders?( f). What is the reorder point, ROP?A manufacturing company placed an order of 24,000 units semiannually at a price of $20 per unit. Its carryng cost is 15% and the order cost is $12 per order. Required: (i). What is the most economical order quantity? (ii). How many orders need to be placed?A firm sells 2,800 units of an item each year. The carrying cost per unit is $3.26 and the fixed costs per order are $74. What is the economic order quantity? (Please round units to the nearest whole number)
- Corazon Manufacturing Company has a purchasing department staffed by five purchasingagents. Each agent is paid $28,000 per year and is able to process 4,000 purchase orders. Lastyear, 17,800 purchase orders were processed by the five agents.Required:1. Calculate the activity rate per purchase order.2. Calculate, in terms of purchase orders, the:a. total activity availabilityb. unused capacity3. Calculate the dollar cost of:a. total activity availabilityb. unused capacity4. Express total activity availability in terms of activity capacity used and unused capacity. 5. What if one of the purchasing agents agreed to work half time for $14,000? How many pur-chase orders could be processed by four and a half purchasing agents? What would unused capacity be in purchase orders?A firm sells 2,800 units of an item each year. The carrying cost per unit is $3.26 and the fixed costs per order are $74. What is the economic order quantity? (Please round units to the nearest whole number) help meChimneySweep provides cleaning services for residential chimneys and fireplaces. The cleaning service requires $35 in variable costs for cleaning materials. The fixed costs of labor, the company’s truck, and administrative support are $165,000 per year. ChimneySweep averages 100 service calls per month. What is the average cost per cleaning service call? Round your answer to 2 decimal places.
- A firm sells 2,800 units of an item each year. The carrying cost per unit is $3.26 and the fixed costs per order are $74. What is the economic order quantity? (Please round units to the nearest whole number) General AccountThe Pacific Lumber Company and Mill processes 10,000 logs annually, operating 250 days peryear. Immediately upon receiving an order, the logging company’s supplier begins delivery tothe lumber mill, at a rate of 60 logs per day. The lumber mill has determined that the orderingcost is $1,600 per order and the cost of carrying logs in inventory before they are processed is$15 per log on an annual basis. Determine The number of operating days required to receive an orderA firm sells 2,800 units of an item each year. The carrying cost per unit is $3.26 and the fixed costs per order are $74. What is the economic order quantity? (Please round units to the nearest whole number) solve this general accounting Query

