The Simpson Corporation has gathered information regarding past sales of custom t-shirts. Year Sales 2013  $225,000 2014  $193,000 2015  $248,000 2016  $360,000 2017  $340,000 2018  $295,000 2019  $310,000

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Economic order quantity ​(EOQ). ​ Tinnendo, Inc. believes it will sell 4 million​ zen-zens, an electronic​ game, this coming year. Note that this figure is for annual sales. The inventory manager plans to order​ zen-zens 46 times over the next year. The carrying cost is ​$0.04 per​ zen-zen per year. The order cost is ​$617 per order. It turns out that the marketing manager has underestimated the​ zen-zen market. The​ zen-zens are a​ smash, and current estimates are that the company will sell 8 million of them per year. Should the inventory manager simply double the EOQ order​ quantity? Find the new EOQ​, and verify that it is the correct order quantity by finding the new carrying cost and new ordering cost. Should the inventory manager simply double the EOQ order​ quantity?  ​(Select the best​ response.) A. Yes B. No What is the new EOQ​? zen-zens  ​(Round to the nearest whole​ unit.) What is the new annual carrying cost for the​ zen-zens? (Round to the nearest​ dollar.) What is the…

Jill Barksalot owns Jill's Jams, a condiment conglomerate focused on world dominance. She sells a variety of jellies and jams that are just to die for mwhahaha. Using the provided data on her last several years of sales, prepare a statement of trend percentages using 2017 as the base year.  (in millions)  2017 2018 2019 2020 Sales             13,241          14,122            11,957              13,244 Cost of goods sold               8,987             9,534              8,272                9,101 Gross margin               4,254             4,588              3,685                4,143     2017    2018      2019 2020 Sales         Cost of Goods Sold         Gross Margin

The Simpson Corporation has gathered information regarding past sales of custom t-shirts. Year Sales 2013  $225,000 2014  $193,000 2015  $248,000 2016  $360,000 2017  $340,000 2018  $295,000 2019  $310,000 Answer the following questions. Predict the sales for 2020 using the moving average method. You noticed a sudden jump in sales for 2016. After inquiring about this jump, you were notified by your manager about a one-time special order sale for $60,000 in that year that is not likely to be repeated. What revision, if any, would you make in the sales information used for projection? If you revised your historical sales to be used to project 2020 sales, please recalculate your projection using the moving average method. Which projection (Question 1 or Question 3) do you feel is more representative of the Simpson Corporation's historical sales? Why?

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The Hurley Hat Company manufactures baseball hats. Hurley’s primary customers are sporting goods stores that supply uniforms to youth baseball teams. Following is Hurley’s income statement for 2018: In 2018, Hurley produced and sold 200,000 baseball hats. Of the Cost of Goods gold, $150,000 is fixed; 80% of the Selling and Administrative Expenses are fixed. There were no beginning inventories on January 1, 2018. The company is considering two options to increase sales. Option 1: The company is operating at 100,000 hats below full production capacity and is considering increasing advertising to increase sales to the production capacity level in 2019. The marketing director predicts that an additional $100,000 expenditure for advertising Would increase sales to 300,000 hats per year. Option 2: The sales manager has been negotiating with buyers for several national sporting goods retailers and recommends the company expand production capacity to 400,000 hats in order to secure long-term…