QUESTION 18 Determine question 18 to 20 based en the following Rroblem Vicky Payne sells beauty supplies. Her annual demand for a particular skin lotion is 7.000 units. The cost of placing an order is $10 while the holding cost per unit per year is 10 percent of the cost. This item currently costs S2.50 if the order quantity is less than 1500, For orders 1500 or more units, the cost falls to $2.45 if Vicky Payne wishes to minimize her total annual inventory costs, he must evaluate the total cost for two possible order quantities. What are these two possible quantities? (Round answer to nearest unit) OA 237 and 239 OB. 748 and 756 OC 748 and 1500 OD. 756 and 1500 QUESTION 19 How many units should Vicky Payne order to minimize her total annual inventory cost? (Round your answer to the nearest unit) OA 748 OB. 756 OÇ 1500 OD 1501

QUESTION 18 Determine question 18 to 20 based en the following Rroblem Vicky Payne sells beauty supplies. Her annual demand for a particular skin lotion is 7.000 units. The cost of placing an order is $10 while the holding cost per unit per year is 10 percent of the cost. This item currently costs S2.50 if the order quantity is less than 1500, For orders 1500 or more units, the cost falls to $2.45 if Vicky Payne wishes to minimize her total annual inventory costs, he must evaluate the total cost for two possible order quantities. What are these two possible quantities? (Round answer to nearest unit) OA 237 and 239 OB. 748 and 756 OC 748 and 1500 OD. 756 and 1500 QUESTION 19 How many units should Vicky Payne order to minimize her total annual inventory cost? (Round your answer to the nearest unit) OA 748 OB. 756 OÇ 1500 OD 1501

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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Target Costing Laser Cast Inc. manufactures color laser printers. Model J20 presently sells for $150 and has a product cost of $120, as follows: Direct materials $90 Direct labor 20 Factory overhead 10 Total $120 It is estimated that the competitive selling price for color laser printers of this type will drop to $140 next year. Laser Cast has established a target cost to maintain its historical markup percentage on product cost. Engineers have provided the following cost-reduction ideas: 1. Purchase a plastic printer cover with snap-on assembly, rather than with screws. This will reduce the amount of direct labor by 9 minutes per unit. 2. Add an inspection step that will add six minutes per unit of direct labor but reduce the materials cost by $3 per unit. 3. Decrease the cycle time of the injection molding machine from four minutes to three minutes per part. Thirty percent of the direct labor and 42% of the factory overhead are related to running injection molding machines. The…
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Question 3Study the scenario and complete the questions that follow:Nonna Greco LimitedNonna Greco Limited manufactures and sells Italian HIP sunglasses. The following information relatesto January 2020:Units manufactured and sold: 500Income statement:RSales 261 500Less: Manufacturing costs 223 000Material 75 000Labour 50 000Manufacturing overheads (@ R20 per machine hour) 98 00038 500Less: Selling and administrative expenses (60% fixed) 17 500Net profit 21 000The following changes will come into effect on 1 February 2020: A sales price increase of 10%, resulting in a 5% decrease in sales volume. Due to negotiations with the labour union, the labour rate per hour will increase by 6%. It is expected that material costs will increase by 10%.The variable budget for manufacturing overheads indicates a total cost ofR94 400 at a capacity utilisation of 4 600 hours.Source: Hunde, T. (2020)Required:3.1 Calculate the total marginal income and marginal income per unit for the year ended 1…
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Homework Saved Help Stuart Company makes a product that sells for $33 per unit. The company pays $13 per unit for the variable costs of the product and incurs annual fixed costs of $184,000. Stuart expects to sell 22,200 units of product. Required Determine Stuart's margin of safety expressed as a percentage. (Round your percentage answers to 2 decimal places (i.e., 0.2345 should be entered as 23.45).) Margin of safety
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Question 14 The Cook's Paradise paid $67 for a kitchen knife set. Expenses are 15% of cost and the profit is 17% of cost. Round the answers to the nearest cent if necessary. 1) What is the regular selling price? 2) To help clear inventory, the knife set was sold at break-even during a sale. What is the break-even selling price? > Next Question
answer parts a b and c