– A bike company sells 9000 fat bikes in a year. They purchase
them directly from a manufacturer and sell it at a physical store.
The carrying cost is estimated to be $20 per year, and the ordering
Answers
The economic order quantity (EOQ) for the fat bike inventory is approximately 164 bikes.
To calculate the EOQ, we can use the following formula:
EOQ = sqrt((2 * Annual Demand * Ordering Cost) / Carrying Cost)
Given the following information:
Annual Demand (D) = 9000 bikes
Ordering Cost (S) = $30 per order
Carrying Cost (H) = $20 per year
Substituting these values into the formula:
EOQ = sqrt((2 * 9000 * 30) / 20)
EOQ = sqrt((540,000) / 20)
EOQ = sqrt(27,000)
EOQ ≈ 164.32
Therefore, the economic order quantity (EOQ) for the fat bike inventory is approximately 164 bikes. This means that the bike company should consider ordering approximately 164 bikes per order to minimize the total cost associated with ordering and carrying inventory.
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Complete question
– A bike company sells 9000 fat bikes in a year. They purchase
them directly from a manufacturer and sell it at a physical store.
The carrying cost is estimated to be $20 per year, and the ordering cost is $30 per order. The company wants to determine the economic order quantity (EOQ) for their fat bike inventory.
Related Questions
What is a key requirement of a savings plan?
0 to prioritize saving regularly without exception
O to save any money that has not been spent
Oto prioritize saving money when it is convenient
O to save money whenever you are at the bank or an ATM
Answers
To prioritize saving regularly without exception.
What is a saving plans?
Savings plans are financial solutions intended to encourage responsible saving while providing consistent returns that aid in reaching your financial objectives. These plans, which are typically life insurance products, protect your loved ones' finances in the event that something were to happen to you.What are the benefits of savings plan?
Helps Save Taxes: Since saving plans are essentially life insurance plans, they offer the same tax benefits offered by other insurance plans. In particular, you can avail an exemption of up to Rs 1.5 lakh towards your premium payments, as per Section 80C of the Income Tax Act.Why is saving crucial?
Having a budget can assist you:Manage unforeseen expenses and crises. Reach your financial objectives, such as saving for a car, a down payment for a home, or your retirement.To know more about savings, checkout this link:
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Explain the importance of leisure activities.
Answers
Answer:
leisure activities improve the productivity of people
Explanation:
if you feel stressed and then go to a water park, you will get less stressed right?
Which of the following user groups influence the formulation of accounting standards? a. Government. b. Academicians. c. CPAs and accounting firms.
Answers
Government, academicians, and CPAs and accounting firms influence the formulation of accounting standards.
a. Government, academicians, and CPAs and accounting firms.
Accounting standards are developed and revised through a collaborative process involving various stakeholders.
Government bodies play a significant role in establishing regulatory frameworks and overseeing financial reporting standards.
Academicians contribute to the development of accounting theories and research, which inform the formulation of standards.
CPAs and accounting firms provide practical insights and expertise based on their experience in the field, ensuring that the standards are relevant and practical for implementation.
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Most careers do not require training or education beyond high school. Please select the best answer from the choices provided T F.
Answers
Answer:
F(false)
Explanation:
Most careers do not require training or education beyond high school. Hence, the answer is false. Hence option B is appropriate.
What is the meaning of the word career?Career is the most important thing, especially in the lives of individuals who try to achieve success in the long run. Career directly means the ways and means in which people all around are slowly being inducted or have sorted out something they want to do in their lives.
A career in simpler terms helps in the process of selecting a person's personal choice of anything he/she wants to pursue in life.
The word career has been also very much intriguing and also be used with the utmost by people. Without a career, a person can not move forward in his path to earn or also in their studies. Hence, option B is appropriate.
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ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate
Answers
Answer:
understanding the interest rate
Explanation:
i took the test
ohn and Mary are retired and each has $1,000,000 in their I.R.A. John’s account is traditional while Mary’s is a Roth. Who is likely to be wealthier?
a) Mary
b) John
Answers
Mary is likely to be wealthier because her IRA is a Roth account. With a Roth IRA, contributions are made with after-tax dollars, meaning Mary has already paid taxes on the money she contributed to her IRA.
As a result, any earnings and growth on her Roth IRA investments can be withdrawn tax-free in retirement. This allows Mary to potentially have a larger pool of funds available to her in retirement, as she won't have to pay taxes on her withdrawals.
On the other hand, John's IRA is a traditional account. Contributions to a traditional IRA are made with pre-tax dollars, providing an immediate tax benefit. However, when John withdraws funds from his traditional IRA in retirement, he will have to pay taxes on those withdrawals at his ordinary income tax rate. This reduces the overall amount of funds available to John in retirement, as a portion of his withdrawals will go towards taxes.
Therefore, due to the tax advantages of a Roth IRA, Mary is likely to be wealthier in retirement as she can enjoy tax-free growth and withdrawals from her account, whereas John will have to account for taxes when withdrawing funds from his traditional IRA.
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2.which of the following statements best describes a keynesian approach to economics? a)aggregate demand is the most important driving force in the economy, but free-markets have no self-balancing mechanisms that lead to full-employment; therefore, government intervention is often necessary to stabilize an economy. b)politics determines economics, the nature of economics is conflictual, and the main actors are nation-states; therefore, the main goal of economic activity is the maximization of national interest. c)individual freedom to pursue interests/wealth in an open market free of government interference with the role of government to primarily protect property rights. d)resources flow from a periphery of poor and underdeveloped countries (global south) to a core of wealthy states (global north) enriching the latter at the expense of the former. poor countries are systemically locked into this unfavorable situation.
Answers
Option a is correct. The main economic driver is aggregate demand, but since free markets lack self-balancing mechanisms that lead to full employment, stabilising an economy frequently requires government intervention.
A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.
The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.
Keynes' theory led him to propose higher government spending and lower taxes as a way to boost demand and rescue the world economy from the Great Depression. Later, the term "Keynesian economics" was used to describe the idea that economic performance could be optimised and economic downturns might be avoided.
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Mattel has paid to develop and sell harry potter toys based on characters from the movies. this is an example of co-branding.
a) false
b) true
Answers
True. "Mattel has paid to develop and sell Harry Potter toys based on characters from the movies" is an example of co-branding.
Co-branding refers to a marketing strategy where two or more brands collaborate to create and promote a product or service. In this case, Mattel, a well-known toy manufacturer, has entered into a partnership or licensing agreement with the Harry Potter brand to develop and sell toys based on the characters from the Harry Potter movies.
Co-branding allows companies to leverage each other's brand equity, recognition, and customer base to create mutually beneficial products or services. By associating with a popular and successful franchise like Harry Potter, Mattel can enhance the appeal of their toys and tap into the existing fan base of the movies. This collaboration allows both Mattel and the Harry Potter brand to reach a broader audience and potentially increase sales and brand visibility.
Therefore, the statement accurately describes an example of co-branding, as Mattel has paid to develop and sell Harry Potter toys based on characters from the movies.
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________ analytics finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints.
Answers
It should be noted that Extension of goal-seeking analysis, finds the optimum value for a target variable .
What is Goal seeking?Goal seeking serves as one of the tools used in "what-if analysis" on computer software programs.
This analysis is performed by repeatedly changing other variables, subject to specified constraints.
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The value proposition for the AARP brand is seen in what kinds of benefits for the members? (Select 3)
Answers
The value proposition for the AARP brand may be observed in the kind of benefits provided to members and efforts made to better the lives of members. The AARP name's security and reputation. The standard of the things on offer.
What constitutes an effective proposition statement?
Every value proposition should address a customer's problem and position your firm as the solution provider. A strong value proposition may emphasize what distinguishes you from rivals, but it should always center on how customers interpret your worth. A value proposition should describe how a product meets a demand, articulate the intricacies of its additional advantage, and clarify why it is superior than similar items on the market. The optimal value proposition is concise and addresses a customer's primary decision-making drivers.
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Question 3 of 10
Compliance programs are set up to ensure employees follow the laws and
company rules and to
O A. increase profits
O B. blow whistles
O C. detect violations
OD. protect managers
SUBMIT
Answers
Answer:
C. detect violations
Explanation:
A corporate compliance program's objective is to ensure that an organization complies with all the laws and regulations that govern it. Corporate compliance ensures adherence to health and safety requirements, observation of environmental permits, enforcing internal procedures, and implementing quality control.
Non-compliance has serious legal consequences. A business may incur heavy losses in fraud relating issues, lawsuits, and employee injuries. Compliance prevents and detects violations to regulation, thereby avoiding unnecessary losses and damages.
SOMEONE HELP ME PLEASE
Which sentence describes a cooperative organization?
Cohen and his friends work in a cooperative organization.
They own and control the functions of the organization.
Their sole motive is to gain profit.
They can trade their stocks in the financial market.
Answers
The statement "They own and control the functions of the organization" best describes a cooperative organization.
A cooperative is when two or more people come together to form an organization or form a business that is democratically run and managed by them alone. This means that it is a united effort by the individuals involved to run a business.
Cooperatives may vary according to the needs and wants of the individuals. But at the same time, the rules and other policies can also be changed to suit the need of the members.Cooperatives represent a much better form of unity and accomplishments, especially for lesser known individuals or less powerful members of the society.Such individuals may be farmers, workers, individual producers, etc. who would unitedly work to accomplish common goals and beliefs.Thus, the correct answer is the second option.A cooperative organization, in short, can be best stated as the unified union or gathering of various individuals with different expertise or dreams with the aim to achieve success. They share the responsibilities among themselves and also control the functions of the organizations equally.
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'Cooperative Organization' is characterized as the 'organization that is either partially or wholly owned and regulated by its employees, customers, or tenants.'
The sentence that appropriately describes such an organization would be:
B). They own and control the functions of the organization.
In a cooperative organization,
The people willingly come forward to accomplish their common needs including various economic, communal, and cultural needs. To serve these purposes, these people collectively own an enterprise/company whose goods and services are used by them only. Each member carries equal power and rights in such an organization Agriculture, utilities, Insurance, Healthcare, etc. are some of the illustrations of such organizations.Learn more about 'Cooperative organization' here:
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For individuals, the economic term specialization refers to:
A. becoming a self-sufficient business owner.
B. gaining experience in many different jobs.
C. traveling to different countries for work.
D. mastering a small number of job skills.
Answers
Answer:
D. mastering a small number of job skills.
Explanation:
Specialization is a production technique whereby an individual or company focuses on producing a limited variety of products. The objective is to acquire a high degree of mastery and efficiency in making the few chosen items.
An individual who opts to specialize will concentrate on a few skills. In time, they will become experts in those skills.
Papalear Corporation is a single seller of Wonderstuff, but there are two substitutes for Wonderstuff. Given this situation,
Papabear
A. cannot be a monopoly because two substitutes make it a competitive market.
B. acts as it it were competitive and takes the price seEin the market.
C. can still be a monopoly because it is unknown if the two substitutes are close substitutes
â¢D. cannot be a monopoly because there are substitutes for Wonderstuff.
Answers
Even though there are substitutes for Wonderstuff, Papabear Corporation can still be a monopoly if it is the only seller of Wonderstuff in the market. Option D is the correct answer.
A monopoly is defined as a market structure in which a single seller sells a unique product or service that has no close substitutes. In this case, although there are two substitutes for Wonderstuff, if they are not considered close substitutes, then Papabear Corporation can still be considered a monopoly. Furthermore, if the substitutes are not easily available or accessible, then the market power of Papabear Corporation is further strengthened. It is important to note that having substitutes does not automatically eliminate the possibility of a monopoly, as long as the substitutes are not close enough to significantly impact the market power of the single seller.
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Someone help me with this please
Answers
Answer:
A. hom0zygous dominant
Explanation:
A capital letter is a dominant gene and two dominant genes would be hom0zygous
Answer:
C none of the above
[Sorry if I'm wrong but I'm pretty sure it's that one]
Explanation:
The answer should be genotype=the Gene's of an organism
Which of the following is the type of supplier integration where suppliers establish manufacturing facilities closeby?
a. Collaborative forecasting
b. Vendor managed inventory
c. Insourced warehousing
d. Early supplier involvement in NPD
e. Supplier-integrated manufacturing
Answers
The correct answer is e. Supplier-integrated manufacturing. In this type of supplier integration, suppliers establish their manufacturing facilities in close proximity to the buyer's facilities.
This arrangement allows for better coordination, communication, and sharing of resources between the buyer and the supplier. It enables faster response times, reduced transportation costs, and increased supply chain efficiency. By locating manufacturing facilities nearby, both parties can collaborate closely, streamline production processes, and optimize the flow of goods, leading to improved quality control, lower lead times, and enhanced overall operational performance. Supplier-integrated manufacturing promotes stronger partnerships and facilitates a seamless integration of the buyer's and supplier's manufacturing capabilities.
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As of the end of June, the job cost sheets at Tracer Wheels, Inc. Show the following total costs accumulated on three custom jobs. Job 102 Job 103 Job 104 Direct materials $25,000 $59,000 $56. 000 Direct labor 14,000 26. 700 40. 000 Overhead 7. 000 13. 350 20. 000 Job 102 was started in production in May and the following costs were assigned to it in May: direct materials, $13,000; direct labor, $3,600; and overhead, $1,600. Jobs 103 and 104 are started in June. Overhead cost is applied with a predetermined rate based on direct labor cost. Jobs 102 and 103 are finished in June, and Job 104 is expected to be finished in July. No raw materials are used indirectly in June. Using this information, answer the following questions. (Assume this company's predetermined overhead rate did not change across these months. ) 1. What is the cost of the raw materials requisitioned in June for each of the three jobs? 2. How much direct labor cost is incurred during June for each of the three jobs? 3. What predetermined overhead rate is used during June? Check (4) $145,050 4. How much total cost is transferred to finished goods during June?.
Answers
For each of the three tasks, the cost of the raw materials requested in June is as follows: Because $25,000 - $13,000 is $12,000, job 102 equals $12,000.Because $59,000 - $25,000 + $59,000 = $33,000, Job 103 equals $33,300.Job 104 = $56,000
2. The direct labor cost incurred during June for each of the three jobs is as follows: Job 102 = $10,400 (because $14,000 - $3,600 = $10,400)Job 103 = $26,100 (because $26,700)Job 104 = $40,000 (because $40,000)
3. The predetermined overhead rate used during June is 150% (because overhead cost is applied based on direct labor cost, and the overhead cost for June is $40,050, while the direct labor cost for June is $26,700, so the predetermined overhead rate for June is 150%).
4. The total cost transferred to finished goods during June is $145,050 (because you add up the direct materials, direct labor, and overhead costs incurred during June for each of the three jobs: $12,000 + $10,400 + $7,000 + $33,300 + $26,100 + $13,350 + $56,000 + $40,000 + $20,000 = $145,050).
First, we calculate the cost of the raw materials requisitioned in June for each of the three jobs. Then we move on to the calculation of direct labor cost incurred during June for each of the three jobs.
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6 * 4 + 43 w/ solutions
net programming (tle)
Answers
Answer:
24+43wExplanation:
what is the difference of communism and socialism?
Answers
For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .
In a manufacturing company , the budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories . ( enter only one word per blank )
Answers
In a manufacturing company , the direct materials budget details the raw materials that must be purchased to fulfill the production budget and to provide for adequate inventories.
Components that go into a manufactured good are known as direct materials. For instance, the direct materials used in the creation of a smartphone are the screen, integrated circuits, camera modules, and buttons. Direct material refers to the tangible components that make up a production. For instance, water are direct materials for a baker. Cost accounting uses the direct materials concept to categorize this cost independently for various forms of financial analysis.
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Which tools allow economists to determine if the allocation of resources determined by free markets is desirable?.
Answers
Question 1 of 10 If you make a plan to get a certain amount of a project done each day, what skill have you demonstrated? A. Time management B. Punctuality O C. Moral standards D. Integrity
Answers
Answer: A
Explanation: not sure, but i think its correct
Colleen Donnelly filed charges with the Equal Employment Opportunity Commission (EEOC) against her employer, Yellow Freight, for sex discrimination. After she filed the charges, Colleen received notice from the EEOC that she had 90 days to bring suit. This 90day period was a procedure for claims under the federal Civil Rights Act of 1964. Within that period Donnelly did indeed file suit but in an Illinois state court under an Illinois statute that also prohibits such discrimination. After the 90day period had expired, however, she tried to transfer the suit to a federal court. Yellow Freight defended claiming that she could not make such a transfer as the 90day period had expired for federal actions. Should she be allowed to go forward with her suit? Why or why not? (Donnelly v. Yellow Freight System, Inc., 874 F.2d
Answers
She should not be allowed to go forward with her suit because 90-day period for filing had expired when she attempted to transfer the suit to a federal court.
Should Donnelly be allowed to go forward with her suit?Donnelly ability to proceed with her lawsuit depends on the evidence presented, so, if she can provide sufficient evidence to support her claim that she was subjected to gender discrimination and harassment in the workplace, then, she should be allowed to proceed with her suit.
Burt, hHowever, Illinois state court could not hear federal claims, and therefore, she missed the deadline for bringing a suit in a federal court. She could only proceed with her suit under the Illinois statute. so, she should not be allowed to go forward with her suit.
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Type the correct answer in the box, Spell all words correctly.
What kind of advertisements would a company be unable to measure with standardized tests?
A company would be unable to measure_______with standardized tests.
Answers
Answer:
apitude
Explanation:
A company would be unable to measure creative and leadership skills with standardized tests. It can help to identify the problem.
What do you mean by the standardized test?The foundation of a standardized exam is consistency: each test taker is required to respond to the same questions, and each response is graded in accordance with a predetermined standard.
Standardized tests are used in schools to give teachers an unbiased, objective evaluation of the effectiveness of their instruction.
The ability of each child's natural abilities to be identified is made possible by standardized testing. They also make it possible to gauge advancement and skill growth.
Standardized examinations offer benchmarks of average performance, making it feasible to pinpoint struggling pupils who require support or gifted kids who may advance.
Therefore, a company would be unable to measure creative and leadership skills with standardized tests. It can help to identify the problem.
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Explain how apple corporation helped the world to get better by its contribution in different fields of life
Answers
Explanation:
Apple is one of the largest companies in the world, and has contributed positively to the world in different fields of life. It can be said that the company has the highest standards of environmental management that contributes to the reduction of impacts caused by the company to the environment, as well as to the preservation and investments in environmental programs.
It is also correct to say that the company has revolutionized the way people communicate, with the creation of its technological devices that provided greater interaction between people, greater speed with which communication is exercised, helping in business, in the way of living, to buy and interact with the world.
When fire alarm sounds. Why should you evacuate children immediately even if you do not see flames?
Answers
Answer: because even if there is no fire there could be an explosion, fire and gasoline WILL make an explosion. So Basically it can start with fire but soon turn into an explosion. If it's a fire DRILL then it's for practice if that actually does happen.
How to inflate myself like a balloon
Answers
Answer:
get airget more air There you go :)get even more air I'll see you in the moon :0drink the air
chapter 2 lists four ways you can help protect your client's or your employer's trademark. one is to use the trademark symbol. which one of the following methods is also listed in the chapter?
Answers
The another methods listed in the chapter is to Distinguish trademarks from other material, perhaps by setting the trademark in a different typeface or by using boldface type for emphasis.
A trademark is known as distinctive phrase, word, emblem, or symbol that identifies a particular product and legally differentiates it from all other products of its sort. A trademark acknowledges the company's ownership of the brand and solely defines a product as being its own.
To determine the appropriate protection for a product, it is crucial to differentiate between several trademark kinds. Failure to do so could lead to lawsuits as well as cancellation of your trademark registration, both of which would result significant financial loss.
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fit for life foods reports the following income statement accounts for the year ended december 31 gain on sale of equipment 6320depreciation expense office copier 480office supplies expense760sales discounts15 700insurance expense1 370sales returns and allowances3 900sales217 000tv advertising expense2 200office salaries expense31 300interest revenue600rent expense selling space10 300cost of goods sold89 000sales salaries expense23 100sales commission expense13 000prepare a multiple step income statement
Answers
The Income Statement of Fit for Life Foods for the year ended December 31 is $22570.
The Income Statement of Fit for Life Foods for the year ended December 31 will be given as follows:
Sales 217000
Less: Sales returns and allowances 3900
Sales discounts 15700
Net Sales 199400
Cost of goods sold 89000
Gross Profit 110400
Operating Expenses: Office salaries expense 31300
Sales salaries expense 23100
Sales commission expense 13000
Rent expense selling space 10300
Depreciation expense office copier 480
TV Advertising expense 2200
Office Supplies expense 760
Insurance expense 1370
Total Operating Expenses 81110
Income from Operations 29300
Other Revenues and Gains:
Gain on sale of equipment 6320
Interest revenue 600
Total Other Revenues and Gains 6920
Other Expenses and Losses:
None Income before Income Tax 36220
Income Tax expense(-)13650
Net Income22570
Therefore, the multiple-step income statement of Fit for Life Foods for the year ended December 31, XXXX is prepared as above.
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If you earn a revenue in the month being recorded but don't earn the cash then you would debit accounts receivable and credit service revenue
Answers
This is because the business has performed a service and has earned revenue, even though it has not yet received the cash for it.
What is the process of converting an analog signal to a digital signal called?When a business earns revenue but has not received the cash, it creates an account called accounts receivable to record the amount owed to the business.
This is a type of asset account. On the other hand, service revenue is an income account that records the amount earned by providing a service to customers.
So, when the business earns revenue in a particular month but has not received the cash, it would debit the accounts receivable account (to increase the amount owed to the business) and credit the service revenue account (to record the amount earned by the business).
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