Annual demand * [ (fixed cost / # orders per year) + variable cost] EOQ= 3 Annual Inventory *Σ Cost % i į
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Prove in four (and only four, no more, no less) logical steps that the following expression is TRUE or FALSE :
(IMAGE)
, where i=1, capital cost; i=2, storage cost; i=3, risk cost.
![Annual demand * [ (fixed cost / # orders per year) + variable cost ]
EOQ=
3
Annual Inventory *Σ Cost % i
į](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8c110057-94f5-4143-ae6a-06c5cc14874b%2F902eea1e-f14d-4041-85df-1f9aedcc4c48%2Fohkrtpq_processed.png&w=3840&q=75)
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- Given the following percentage costs of carrying inventory, calculate the annual carrying cost if the average inventory is $1 million. Capital costs are 10%, storage costsare 6%, and risk costs are 9%.Sohar Company’s financial information is given in the table below. Year Sales (OMR) Fixed Costs Variable Costs 2019 405000 90000 225000 2020 450000 120000 240000 Calculate: P/V ratio, E.P. Sales required to earn a profit of OMR 40000. Margin of safety at a profit of OMR 50000 Profit when sales are OMR. 200000.If a company has three lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle) for $15, purchase 3 (latest) for $12, which of the following statements is true? A. This is an inflationary cost pattern. B. This is a deflationary cost pattern. C. The next purchase will cost less than $12. D. None of these statements can be verified.
- Define and compute the EOQ, and Total variable cost for the given information- Annual demand 5000 units Storage cost 2% per annum interest rate 12% per annum Obsolescence rate 6% per annum Unit price Rs 20 Order cost 16In the Economic Order Quantity (EOQ) Theory, if CO £20, D 24,000, EOQ 400, calculate the annual holding cost. A £6 B £12 C £18 D £36Supply and demand curves for a consumer item are give by q = (s(p)=500 + p and q = D(p)=2300-2p respectively p is the price in dollars for one unit of this item and q is the umber of units. The equilibrium price is ' =$600 A sales tax of 3.2% to be directed at the consumers, is under consideration. Determine the amout of money per item that supplies stand to lose due to this tax which is directed at consumers.
- A company has following details for this yearDetails Total sales($) Total cost($) Details Total sales($) Total cost($)Year ended 31/12/2018 35,78,998 25,89,709Year ended 31/12/2019 48,90,742 31,67,984 Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019and percent of fixed cost 2018/2019Price falls from $10 to $5 and quantity rise from 100 units to 150 unifs. Find the elasticity of demand.If Actual sales are OMR 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?
- Consider the following information: Contribution to Sales (C/S) Ratio = 25% Selling Price per unit = K70 Total Fixed Costs = K140,000 Required: Calculate Contribution per Unit Variable cost per Unit Break Even Point in Quantity and Sales value termsFrom the following data, calculate: Fixed Expenses OMR 12000. Break-Even point OMR 20000. (a) P I V Ratio. (b) Profit when sales are OMR 80000 & V.C is OMR 18000. (Variable cost per unit OMR 36) (c) New break-even point if selling price is increased by 20%.If, Total Fixed cost OMR 40000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the amount of profit if actual sales are OMR 120000?
