Troy Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year, with an annual demand of 50,000 units, an ordering cost of $35 per order, a holding cost of $1 per unit per year, a lead time of 3 weeks, and a standard deviation of demand during lead time equal to 216.51 units. what is safety stock for the firm if a 94% service level is desired?

Answer:

Correct Answer:

b. Select the choice with the highest value.

Explanation:

In the rational choice decision process model, it is a series of process whereby steps are taking towards making a beneficial decision for a given business setup. In a situation where possible choices has been discovered, the next step would be to select the choice with the highest value which is going to be implemented.

The step that followed where possible choices have been discovered or developed is option b.

The following information should be considered:

Therefore we can conclude that The step that followed where possible choices have been discovered or developed is option b.

Learn more: brainly.com/question/6201432

Answer:

Step 1: Identify the decision. You realize that you need to make a decision. ...

Step 2: Gather relevant information. ...

Step 3: Identify the alternatives. ...

7 STEPS TO EFFECTIVE.

Step 4: Weigh the evidence. ...

Step 5: Choose among alternatives. ...

Step 6: Take action. ...

Step 7: Review your decision & its consequences.

Answer:

EOQ = 200 units

Explanation:

We can easily calculate the Economic order quantity by putting values EOQ formula. All you need is the data for calculation.

DATA

Annual demand = 8,000

Ordering cost = $50

Holding cost = $20

EOQ =?

Formula

EOQ = [tex]\sqrt{\frac{2CoD}{Ch} }[/tex]

Where

Co = Ordering cost

D = Demand

Ch = Holding cost

Solution

EOQ = [tex]\sqrt{\frac{{2(50)(8000)} }{20}}[/tex]

EOQ = [tex]\sqrt{\frac{800000}{20} }[/tex]

EOQ = 200 units

Answer:

8.038%

Explanation:

For the computation of the firm's WACC first we need to find out the cost of equity which is shown below:-

Cost of equity = Expected dividend ÷ (Price of the stock × (1 - Flotation cost)) + Growth rate

= $0.65 ÷ ($15.00 × (1 - 10%)) + 6.00%

= 10.81%

Now

WACC = Weight debt × (Cost of debt) × (1 - Tax rate) + Weight of equity × Cost of equity

= 45% × 7.75% × (1 - 40%) + 55% × 10.81%

= 8.038%

Complete Question:

_________ can give every business access to an agile workforce that is not only better suited to solving some of the problems that organizations struggle with today but in many cases will do it for free.

Group of answer choices

a. Crowdsourcing

b. LinkedIn

c. Social recruiting

d. Brainstorming

Answer:

a. Crowdsourcing.

Explanation:

Crowdsourcing can be defined as a process of gathering information, ideas, micro-tasks, goods and services, finances, and votes into a project or organizational task from a large group of fast growing participants, either paid or unpaid mostly through the internet. These group of participants are saddled with the responsibility of creating value by contributing significantly to an organization typically over the internet.

Crowdsourcing can give every business access to an agile workforce that is not only better suited to solving some of the problems that organizations struggle with today but in many cases will do it for free.

Answer:

Results are below.

Explanation:

Giving the following information:

Production= 2,500

Each unit requires 3 pounds of materials at $6 per pound and 0.5 of labor at $16 per hour. The overhead rate is 75% of direct labor.

First, we need to calculate the total cost for direct material, direct labor, and manufacturing overhead:

Direct material= (3*2,500)*6= $45,000

Direct labor= (0.5*2,500)*16= $20,000

Manufacturing overhead= 20,000*0.75= $15,000

Total cost= $80,000

Now, the unitary cost:

unitary cost= 80,000/2,500= $32

Answer: revenue focus

Explanation:

A location decision for a traditional department store (e.g., Macy's) would tend to have revenue focus. For every organization or company, revenue plays a vital role in the organization.

A traditional department store will shift its focus to a location whereby it can meet the needs of the people daily and generate as much revenue as possible.

Answer:

The answer is Net income will be reduced by $42,000

Explanation:

Indirect method of preparing cash floe starts with net income.

In cash flow provided by operating activities;

Increase is liabilities is a cash inflow while decrease in liabilities in a cash outflow.

In the same vein, increase in asset is a cash outflow while decrease in asset is a cash inflow.

The effect of these adjustments will be:

Increase in accounts receivable - ($28,000)

Decrease in accounts payable----($14,000)

Cash provided by operating activities - ($42,000)

Net income will be reduced by $42,000

Answer:

The value of the levered firm $31,125

Explanation:

Value of Firm is the value of present value of expected future earning. It is calculated by dividing the earning after tax by the cost of capital while considering that the business will operate for the foreseeable future time.

EBIT                      $4,250.00

Less

Interest                 $0.00        

EBT                       $4,250.00

Tax 35% x 4250  $1,487.50

EAT                       $2,762.50

Cost of Capial       10%

Value of firm = EAT / Cost of Capital = $2,762.5 / 10% = $27,625

Debt after tax = $10,000 x ( 1 - 0.35 ) = $6,500

Value of Equity = Value of firm - Debt after tax = $27,625 - $6,500 = $21,125

Value of debt = $10,000

Value of levered Firm = $21,125 + $10,000 = $31,125

Answer:

Ritz Carlton is luxury hotel chain of America. The company has 101 luxury hotel in more than 30 countries of the world. The success of Ritz Carlton is mainly because they keep the comfort of their guests as their highest priority. Their mission statement clearly states that comfort and genuine care of their guests is utmost important to them.

Explanation:

Their business model focuses entirely on their customers. Ritz Carlton has created its leading brand by providing great ambiance to the visitors and its guest. One can dream of staying at such luxury hotel. They are famous for their hospitality of their guests. The hotel management believes on total quality management. It has set highest standard for themselves and strive to meet them by providing better and better service to its guests.

Answer:

d. $50,000,000/$120,000,000

Explanation:

The computation of the correct calculation when the revenue test is satisfied is shown below:

As we can see that the fourth option is correct i.e.

= Asian sales ÷ Total consolidated sales.

=  $50,000,000 ÷ $120,000,000

Here the affiliate sales are not relevant so the same is not considered

Hence, the correct option is d.

Answer:

YTM (Annual( = 10.13%

Effective Annual Yield =10.40%  

Explanation:

In order to calculate Yield to maturity, we need to use yield to maturity formula.

Formula: Yield to maturity = [C +(F – P)/n]/(F + P)/2

Where,

C = Coupon amount

F = Face value

n = number of periods

P = Current price

Data

C =  1000 x 8 % = 80

C (6months) = 80 x 6/12 = 40

F = $1000

n = 30 years

P = $800

Solution

YTM = 40 + (1000 – 800/30)/(1000 + 800)/2

YTM = 40 + (200/30)/(1800/2 )

YTM = 40 +( 200/30)/900

YTM = 5.068 semiannual

YTM (Annual( = 10.13%

Effective Annual Yield = [tex](\frac{1+0.1014}{2})^{2-1}[/tex]

Effective Annual Yield =10.40%  

Answer: Income is generally recognized when it is actually or constructively received and expenses are generally recognized when they are paid.

Explanation:

In cash basis accounting method, it should be noted that revenues are recognized when they are gotten while for the expenses, they are recognized when they are paid out in cash.

The cash basis for of accounting is the opposite of the accrual method of accounting whereby revenue and expenses will be recognized when incurred.

Answer:

$150 billion

Explanation:

Calculation of What does the inventory in

Investment equal

Using this formula

Inventory in Investment =Total investment - Fixed investment

Let plug in the formula

Inventory in Investment=$630 billion-$480 billion

Inventory in Investment=$150 billion

Therefore the inventory investment equal $150 billion .

Answer: C. The stock market now

Explanation:

The Argument target refers to the subject of the discussion in question. The speaker in question is attempting to explain why it would be a good time to buy stocks in the present which concerns the stock market today making it the subject.

The speaker does this by calling into evidence, the correlations between variables in the past and showing that with one variable ( high unemployment) currently in effect, the other variable (increasing stock prices) which it correlates with therefore has a chance of happening in the present.

Answer:

Option D (profitability index) is the correct choice.

Explanation:

Options aren't mentioned in the issue above. Please find the full query attachment here.  

Capital budgeting seems to be the mechanism whereby the creditors assess the value of a future investment project. This corresponds to something like the timeframe by which the planned project can produce adequate income to regain the original investment.

The 3 most prevalent frameworks to contractor choosing are given below:

Some other choices have no relation with the specified scenario. So that the option here is just the appropriate ones.

Answer:

Total cost= $123,525

Explanation:

Giving the following information:

Fixed costs: supervisor's salary $1,200; factory rent $2,900

Mixed costs: utilities $1,700+ $5.75 per unit

Variable costs per unit manufacturing labor wages $21.00; supplies used in production $9.00; packaging cost $2.75, warranty cost $4

We need to determine the total cost of 2,770 units:

Total variable cost= 5.75*2,770 + 21*2,770 + 9*2,770 + 2.75*2,770 + 4*2,770

Total variable cost= $117,725

Total fixed costs= 1,200 + 2,900 + 1,700= $5,800

Total cost= 117,725 + 5,800= $123,525

Question Completion:

The speed boat requires 2 hours in fabrication and 1 hour in assembly.  The bass boat requires 1 hour in fabrication and 2 hours in assembly.

Answer:

A. Determination of the total number of budgeted direct labor hours in each department:

                             Speed boats    Bass boats   Total hours

Direct labor hours:

Fabrication                10,000           5,000           15,000

Assembly                   5,000          10,000           15,000

Total                         15,000          15,000           30,000

B. Determination of the departmental factory overhead rates for both departments:

Overhead rate = $367,500/30,000 = $12.25

Fabrication $ per dlh  = $12.25

Assembly $ per dlh = $12.25

C. Determination of the factory overhead allocated per unit for each product using the department factory overhead allocation rates:

Speedboat: $ per unit  = $36.75 ($12.25 x 3)

Bass boat: $ per unit =   $36.75 ($12.25 x 3)

Explanation:

a) Data and Calculations:

Total factory overhead = $367,500

                                   Speed Boats        Bass Boats

Budgeted units                5,000                5,000

Hours per unit                   3                         3

Total direct labor hour   15,000              15,000

Fabrication                        2 hrs                   1 hr    

Assembly                           1 hr                    2 hrs

Total direct labour hours:

Fabrication                   10,000                 5,000

Assembly                      5,000                 10,000

Answer:

According to Hackman, a deviant may help a group consider out-of-box thinking, but if the deviant has a strong personality and limits the input of others, the problem of complacency, may arise.

Explanation:

It's from the book "Leading Teams" of J. Richard Hackman, the Edgar Pierce Professor of Social and Organizational Psychology at Harvard University and a leading expert on teams.

Answer:

Hawkeye Shoes Inc.

Differential Analysis:

Alternative 1: Continue with Children Shoes:

Hawkeye Shoes Inc. Product-Line Income Statement For the Year Ended November 30, 20Y8

                                       Children's       Men's        Women's      Total     Sales                              $280,000    $300,000   $500,000  $1,080,000

Costs of goods sold:

Variable costs               $(135,000)  $(150,000)  $(220,000) $(505,000)

Fixed costs                       (45,000)      (60,000)     (120,000)    (225,000)

Total cost of goods

 sold                             $(180,000)  $(210,000)  $(340,000)  $(730,000)

Gross profit                   $100,000     $90,000     $160,000    $350,000

Selling and administrative expenses:

Variable selling and

 admin. expenses      $(100,000)   $(45,000)     $(95,000) $(240,000) Fixed selling and

 admin. expenses         (30,000)      (20,000)      (25,000)       (75,000)

Total selling and

 admin. expenses     $(130,000)    $(65,000)  $(120,000)   $(315,000)

Operating income

  (loss)                         $(30,000)     $25,000     $40,000      $35,000

Alternative 2: Discontinue Children Shoes:

Hawkeye Shoes Inc. Product-Line Income Statement For the Year Ended November 30, 20Y8

                                                      Men's        Women's         Total    

Sales                                         $300,000      $500,000     $800,000

Costs of goods sold:

Variable costs                         $(150,000)    $(220,000)    $(370,000)

Fixed costs                                 (60,000)       (120,000)       (180,000)

Total cost of goods sold        $(210,000)    $(340,000)     $(550,000)

Gross profit                               $90,000      $160,000       $250,000

Selling and administrative expenses:

Variable selling and admin.    $(45,000)     $(95,000)      $(140,000)

Fixed selling and admin.          (20,000)        (25,000)          (45,000)

Total selling and admin.        $(65,000)     $(120,000)      $(185,000)

Operating income (loss)         $25,000        $40,000         $65,000

Choose Alternative 2, the elimination of Children Shoes, as this increases the total profits from $35,000 to $65,000.

Explanation:

a) Data and Calculations:

Hawkeye Shoes Inc. Product-Line Income Statement For the Year Ended November 30, 20Y8

                                       Children's       Men's        Women's      Total     Sales                              $280,000    $300,000   $500,000  $1,080,000

Costs of goods sold:

Variable costs               $(135,000)  $(150,000)  $(220,000) $(505,000)

Fixed costs                       (45,000)      (60,000)     (120,000)    (225,000)

Total cost of goods

 sold                             $(180,000)  $(210,000)  $(340,000)  $(730,000)

Gross profit                   $100,000     $90,000     $160,000    $350,000

Selling and administrative expenses:

Variable selling and

 admin. expenses      $(100,000)   $(45,000)     $(95,000) $(240,000) Fixed selling and

 admin. expenses         (30,000)      (20,000)      (25,000)       (75,000)

Total selling and

 admin. expenses     $(130,000)    $(65,000)  $(120,000)   $(315,000)

Operating income

  (loss)                         $(30,000)     $25,000     $40,000      $35,000

Hawkeye Shoes Inc. differential analysis helps it to choose between alternatives 1 and 2 concerning the continuation or discontinuation of Children Shoes production.  It is an important tool in managerial accounting to helps management to make research-driven decisions.

Answer:

1.

Oil change expense             $280 Dr

     Cash                                         $280 Cr

2.

Delivery Truck Account                    $600 Dr

       Cash                                                 $600 Cr

Explanation:

1.

The cost incurred to cover the day to day expenses related to an asset which does not increase the asset's useful life or benefit but merely maintains them are recorded as revenue expenditure. Such expenses are charged as expenses to the income statement. The cost incurred for oil change which is for maintenance purpose is a revenue expenditure.

2.

The cost incurred for capital expenditure is added to the cost of the asset and systematically charged to the income statement using the depreciation. Any expense that will increase the life or operating efficiency and benefit form a fixed asset is a capital expenditure and is capitalized by adding it to the cost of the asset. So, installation of a special gear unit giving increased efficiency is a capital expenditure.

Answer:

Gain $370

Explanation:

Calculation for the gain or loss, if ABC record on this date 12/31/2018

Based on the information given on the amortization schedule, on this date 12/31/2018 the Carrying value was $196,370 while we were still told that ABC buys back the bonds for $196,000 on 12/31/2018

Now let calculate for the gain or loss using this formula

Gain/Loss = Carrying value- Stock bond

Let plug in the formula

Gain/Loss =$196,370-$196,000

Gain/Loss=$370

Therefore if ABC record on this date 12/31/2018, ABC will have a gain of $370

Answer:

Unstructured interviews

Explanation:

Answer:

$12

Explanation:

If P = $2 then the Q will be;

Q = 20 - 4 * 2

Q = 20 - 8

Q = 12

The maximum annual membership fee will be equal to the amount of demand. The annual membership fee cannot be greater than the demand function if so there will be decline in the demand.

Answer:

1. 13,236 units

2. $85,000

3. $65,000

4. 15,938 units

Explanation:

First Determine the ratio of the sales mix as follows :

Ratio = 20,000 : 100,000 : 80,000

Reduced to lowest term  = 1 : 5 : 4

Then find the Company`s break-even point using the sales mix as follows ;

Break-even point (units) = Fixed Costs ÷ Contribution Margin as per sales mix

                                        = $255,000 ÷ ($3 × 1 + $2 × 5 + $1 × 4)

                                        = $255,000 ÷ $17

                                        = 13,235.29 or 13,236 units

Calculation of Operating Income assuming 200,000 units are sold

Contribution :

A : (1/10 × 200,000 units) × $3     =   $60,000

B : (5/10 × 200,000 units) × $2    = $200,000

C : (4/10 × 200,000 units) × $1     =   $80,000

Total Contribution                           $340,000          

Less Fixed Cost                             ($255,000)

Operating Income                             $85,000

Calculation of Operating Income if 20,000 units of A, 80,000 units of B, and 100,000 units of C were sold.

Contribution :

A : 20,000 units × $3      =  $60,000

B : 80,000 units × $2      = $160,000

C : 100,000 units × $1     = $100,000

Total Contribution             $320,000          

Less Fixed Cost                ($255,000)

Operating Income               $65,000

Determination of New Sales Mix :

Ratio = 20,000 : 80,000 : 100,000

Reduced to Lowest Term = 1 : 4 : 5

Break-even point (units) = Fixed Costs ÷ Contribution Margin as per sales mix

                                        = $255,000 ÷ ($3 × 1 + $2 × 4 + $1 × 5)

                                        = $255,000 ÷ $16

                                        = 15,937.5 or 15,938 units

Answer:

Larry protests the assignment and demands that Moe not make the assignment.

Explanation:

An assignment is defined as the transfer of the responsibility of performing a task or contract to another person.

In this instance Moe is trying to assign the contract he has with Larry to Curly.

Curly will now take responsibility for the execution of the contract.

Assignment is allowed if performance of the task is assured, and the other party has no grounds to object if performance will not be affected.

The situation where the assignment will not be prevented is when Larry protests the assignment and demands that Moe not make the assignment.

However the assignment can be prevented if there is an anti-assignment clause, violate public policy, or materially alter Larry's duties and cause an increased burden or risk to Larry.

Answer:

The question is incomplete, below is the completed question:

A company had the following purchases and sales during its first year of operations:                

January: Purchases 10 units at $120-sales 6 units

February: Purchases 20 units at $125-sales 5 units

May: Purchases 15 units at $130-sales 9 units

September: Purchases 12 units at $135-sales 8 units

November: Purchases 10 units at $140-sales 13 units

On December 31, there were 26 units remaining in ending inventory. Using the periodic FIFO inventory costing method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.) Multiple Choice $3,405. $3,445. $3,200. $3,540. $3,270.

Answer:

The cost of ending inventory = $3,540

Explanation:

FIFO (First-in-first-out) inventory costing method is a costing method where the goods purchased first are sold first before those purchased at a later date.

In order to answer this question, let us first determine the total number of units of goods purchased during the year

Month         units

January       10

February     20

May             15

September  12

November   10

Total             67

Therefore a total of 67 units were  purchased  during the year.

Next, we are told that the ending inventory balance = 26 units

Therefore the number of units sold during the year = Total purchase - ending inventory = 67 - 26 = 41

41 units were sold during the year.

using the FIFO inventory method, the units purchased first are sold out first therefore, out of the 41 units sold:

January   = 10 units

February = 15 units

May         =  11 units

Total        = 41 units

This means that out of the 15 unit purchased in may, 11 units were sold, hence the number of units remaining = 15 - 11 = 4 units.

From this point up to November, forms the ending iniventory therefore, the the total ending inventory is calculated as follows:

Month          units          price per unit($)       Total($)

May                4                130                              520

September    12               135                            1,620

November     10               140                            1,400

Total               26                                                3,540

Therefore, the cost of ending inventory = $3,540                                      

Answer:

reduce its cultural distance from the other countries

Explanation:

In this scenario, Welcome Inc. is most likely doing this to reduce its cultural distance from the other countries. Cultural distance refers to the differences in cultural values amongst countries, organizations, and stakeholders. In this case, Welcome Inc is trying to reduce this by making sure that they adjust their products and services to best accommodate these specific cultural differences in each country. In doing so they gain more loyal customers and increase their profits in each country which they do business in.

Answer: True

Explanation:

According to Peter Senge, he described team learning as a team skill which is required to be practiced by the team members that are involved so that they will all be able to develop their learning skills collectively.

Organizational learning works best when there is integrated thinking and acting at all levels of the organization.

Answer:

d) will become an importer of tomatoes.

Explanation:

Consumer surplus would increase because the price at which they buy tomatoes would reduce while producer surplus would reduce because the price of tomatoes would reduce as a result of international trade.

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.Because the price of tomatoes in the US is greater than the price of tomatoes in the world, when the US begins international trade, it would import tomatoes because it is inefficient in the production of tomatoes.  

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product