Inventory Management -- Class Work Sheet (CW-14)Q. 14. Jean-Marie Bourjolly's restaurant has the following inventory items that it orders on a weckly hai..a) Which is the most expensive item, using annual dollar volume?b) Which are C items based on annual dollar volume?c) What is the annual dollar volume for all 20 items?SValue #Ordered perWeek52 week $Total% of inventory CumulativeImventory 5Inventory Item per CaseItem noRankВасonChickensEggs (case)Fish filetsFrench friesGarlic powderLettuce (case)Lobster tailNapkinsOilOrder padsPastaPepperPrime ribRib eye steakSaltSugarTableclothsTomato sauceTrashcan liners56752214343112.3.147.103235245122812238.6.210111213141516171819201661354.32

Answered: ifems based on annual dollar volume? e)…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A// Fill in the blanks with the suitable word or expression: 1- the time frame of engineering economy is 2- Implementing a structured procedure is 3- In engineering economy analysis some decisions about what to include in the analysis must be made. Two important possibilities are and 4- There are many possible noneconomic factor, some typical ones are and 5- There are always two perspectives to an amount of interest .. and
18.1.27 Question Help * Use the inventory table and the gross profit inventory method to estimate the ending inventory and cost of goods sold if a 40% gross profit is realized on sales and net sales are $115,230. Units Cost per Total Retail price Total retail $36,120 5985 value $41,370 $35,400 $2,105 $42,100 $17,550 $1,996 ETUTI $975 Date of purchase Beginning inventory February 5 February 19 March 3 purchased unit cost per unit 42 $860 20 $1,770 18 26 $470 Goods available for sale 106 25 Units sold Ending inventory The estimated cost of goods sold is $ $12,220 $600 $35,928 $15,600 $134,998
Tandem Bikes manufactures exercise bicycles built for two. It sells a cycle for $196 (custom painted in your color choice). The costs associated with Tandem's production are: Fixed costs (per year) Administrative labor $50000 Variable Costs per bike Materials $30 Mfg. Labor Assembly labor Packing material Packing labor Shipping cost ТОTAL Utilities 5000 24 Plant Overhead 65000 $120000 8 3 ТOTAL Note: this is $10000 per month. 10 $77 1. Find the monthly breakeven quantity using the above data. 2. Express monthly breakeven dollar sales (using the quantity calculated in #1). 3. The cost of utilities doubles (annual fixed costs are now $125000 which is $10416.67 per month). What is the new monthly breakeven quantity? 4. What is the Contribution Margin Ratio (CMR), using the costs used in #3? 5. You believe you can sell only 80 bikes a month. Using the costs from #3, what price must be charged per bike to break even selling only 80 bikes per month? 6. Using the original selling price of…
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If the details of the quantity to be produced for a period are as follows, how many units are produced? The opening inventory is 160 units; units sold are estimated to be 200 units; the desired closing stock is 100 units. a. 200 units b. 260 units c. 460 units d. 140 units
CS 9 Economics engineering economic analysis
3 Guen Producing bole s Calautante the 024 Cost function or afirm "Zhat fC 40142 IS The Predugi) Lotals cCet 0t wits 72 units Determne he 7
The Economic Service Life (ESL) for an the number of years at which the highest cost occurs. O. True O. False The amount expended in the past and be recovered is O. Opportunity Cost O. Sunk Cost O. First Cost O. M & O Cost The value at the end of the asset's expec O. salvage value O. purchase value O. annual value 0. future value
Assignment No. 11 (Decision Analysis) Answe 3 a, b
Prepare a graph to shows your order point determination.

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