FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Please solve in 45 minarrow_forwardD1.arrow_forward1.3 REQUIRED Use the information given below to calculate the most economic quantity to order each time for 2023 (expressed to next whole number). INFORMATION Milton Wholesalers expects to sell approximately 3 600 cases of soap per month during 2023. Each case of soap costs R200. The cost of placing an order for soap is estimated to be R20. The inventory holding cost of one case of soap is 5% of the unit purchase price.arrow_forward
- Question 9 options: With the following information, answer the following questions using the specified format (For example: 1000 units) A company buys 10,000 units of product A.The order cost for this product is $100.00 and its annual carrying cost per unit is $1.20. The company also buys 200,000 units of product B. In this case, the order cost is $75.00 and it's annual carrying cost is $0.75. The EOQ for product A is _____. With the following information, answer the following questions in the specified format (For example: 1000 units) A company buys 10,000 units of product A.The order cost for this product is $100.00 and its annual carrying cost per unit is $1.20. The company also buys 200,000 units of product B. In this case, the order cost is $75.00 and it's annual carrying cost is $0.75. The EOQ for product B is _____.arrow_forwardFerkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $45,000 per year, and the company must sell 4,500 units to break even. If the company has a target profit of $19,000, sales in units must be: Group of answer choices 5,450 units 6,750 units 6,400 units 5,991 unitsarrow_forward5. The Goldielocks company produces 3 products - Hot Product, Cold Product, Just Right Product. The variable expenses and sales price of all the products are given below: Just Right Prod. $50 Hot Prod. Cold Prod. Sale price per unit Variable exp per unit $ 200 $ 100 $ 100 $ 75 $25 The total fixed expenses of the company are $50,000 per month. For the coming month, Goldielocks expects the sale of the 3 products to be in the following ratio: Hot Product - 20% Cold Product - 30% Just Right Product - 50% Compute the following: Weighted-average contribution margin? How many total products must Goldielocks sell to break-even? How many of each product must Goldielocks sell to break-even? а. b. с. d. How much revenue will Goldielocks earn with this sales mix?arrow_forward
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