QUESTION 25LF Corporation, a manufacturer of Mexican foods, contracted in 2025 to purchase 2,000 pounds of a spice mixture at $5.00 per pound, delivery to bemade in spring of 2026. By 12/31/25, the price per pound of the spice mixture had increased to $5.30 per pound. In 2025, LF should recognizea loss of $10,000a loss of $600.no gain or loss.O a gain of $600

Given;Amount of spice mixture to be purchased = 2000 poundsPrice of spice mixture in 2014 = $5.00…

Answered: QUESTION 25 LF Corporation, a…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

Question 3 Buyer and seller enter into a clear contract. The buyer refuses to purchase for a reason not excused by a contingency. Which statement is correct? A - The seller is entitled to damages the buyer caused, which are taken from either the earnest money deposit or the 20% down payment. B - The original buyer gets the earnest money deposit back as soon as there is a new offer. C - The seller has the right to terminate the contract and keep the earnest money deposit. D - The seller has the right to keep 20% of the down payment on property.
QUESTION 1 Which of the following statements regarding foreast sharing game is INCORRECT? Retailer only faces underage risk. Supplier faces both underage and overage risks. Suppliers tend to produce less than the supply chain optimal quantity. The retailer has to purchase at least the quantity it reports to the supplier. QUESTION 2 Assume that the firm can source from 2 faraway suppliers (each has Lead time = 4 months, capacity=60 k) and 2 Closeby suppliers (each Lead time =0 month, capacity=40k). The sales season starts in May. Which of the following statements regarding sourcing is INCORRECT? The production change should be only applied to the Closeby supplier so that the firm can benefit from the change in time. The production at the Faraway supplier should start in January and the production at Close-by supplier should start in May. The firm should source from a combination of one faraway supplier and one close-by…
A suburban office building in Fort Worth, Texas with 36,000 square feet was purchased for $4,500,000 at an 8% cap rate. Debt service for the first year was $305,000 of which $236,000 was interest and $69,000 was principal. Annual depreciation for tax purposes was $148,000. What was the property’s first year taxable income? a. $124,000 b. $212,000 c. - $24,000 d. $55,000
Question 1 (a) Many airlines were badly affected by the volatility in fuel prices during the Global Financial Crisis of 2008-2009. Using the example of Cathay Pacific’s cargo business, appraise the importance of managing fuel costs in the context of the airline’s profitability. In view of rising fuel prices, would you recommend Cathay Pacific to select the option of using converted freighters or ACMI management? Offer your views on the advantages and disadvantages of these two options.
Question Four (4) You have been appointed as a member of the Evaluation Committee at your organisation. The Committee is made up of five members drawn from different departments from within the company. The Chief Executive of your company is new and wants you as the procurement expert to educate him on what goes on in an evaluation. Discuss the stages of evaluation for a goods procurement highlighting some common criteria at each stage. Explain your understanding of the term “Declaration of Interest” in evaluations and its implication.
What are the impacts on profits of (effective) agreements concerning production levels between oligopolists? Question 24 options: higher prices and less profit monopoly profit zero profit lower prices and more profit
Question A During the year ended 30 Jun 2022, Cecilia, a resident of Australia, has received rents of S50,000 and salary of $27799. She also receives a fully franked dividend of $30,000 from a Company that pays tax at the 30% tax rate Har allowable deductions for the year are $12977. Required Calculate her taxable income. Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line
Question 1 16 p A person places Php 75,000 in a savings account which pays 12 percent interest per annum, compounded continuously. Find the amount (in Php) in the account after four years, presuming no withdrawals and no additional deposits. Note: Input numerical values only, do not the units, space or comma. Next DII F9 F8 F7 80 F 6 F5 F4 F3
Question 25 A buyer is entitled to the remedy of specific performance when: the contract requires delivery in installments. the contract is for goods where the price is $500 or more. the contract is for unique goods. the contract is between merchants.
Any one qwestion ans
Question 3 Dr. Peter Kraljic claims that there is no single best way existed for managing purchasing in allcircumstances. He proposed “Kraljic Purchasing Portfolio model”. Elaburate the FOUR (4)Purchasing Portfolio with suitable examples answer should be elaborated with proper examples.

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS