Determine the amount of sales order processing cost Neztmart.com Inc. sells consumer electronics over the Internet. For the next period, thebudgeted cost of the sales order processing activity is $600,000, and 75,000 sales orders areestimated to be processed.a. Determine the activity rate of the sales order processing activity?$ per sales orderb. Determine the amount of sales order processing cost that Neztmart.com would receive if ithad 50,000 sales orders?

Explanation of Activity-Based Costing (ABC): Activity-Based Costing is a costing methodology that…

Answered: Neztmart.com Inc. sells consumer…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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) need help me
Suppose Big Box Office Supply (BBOS) purchases 100,000 office chairs every year. Ordering costs are $95.00 per order and carrying costs are $4.95 per chair. What is BBOS’s total inventory cost per year, including both carrying costs and ordering costs, if BBOS orders the EOQ of office chairs?
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CAN SOMEONE HELP ME WITH THIS QUESTION? Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished goods are kept on hand for an average of 15 days before they are sold. Accounts receivable are outstanding an average of 35 days, and the firm receives 40 days of credit on its purchases from suppliers. Assume net sales of $1,200,000 and cost of goods sold of $900,000. Determine the average investment in accounts receivable, inventories, and accounts payable. What would be the net financing need considering only these three accounts? *Note: To solve this problem, you will need to first find the Inventory Period, the Receivables Period, and the Payment Period. A. $153,054.79 B. $154,054.79 C. $152,054.79 D. $152,154.80
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