Create a First-year projected sales based on similar products in the same or other markets. My product is a Clay House fireplace.    600 people come to the store every day 1 out of 10 will enter the shop: 60 people/day 1 out of 5 people coming to the shop will buy: 12 sales/day the average price of an item is $499 $5988 of sales/day the shop is opened 30 days a month: $2,155,680 of sales/month

Q: A microbrewery purchases malt for production.  The supplier charges $35 for delivery (no matter how…

A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want…

Q: Tool Mart sells 1,400 electronic water pumps every year. These pumps cost $54.30 each. If annual…

A: EOQ = √(2*annual demand*cost per order/holding cost)

Q: 7 days. Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average…

A: As per BARTLEBY guidelines, when multiple subparts questions are given then solve first six sub…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: SOLUTION-1 THE ANNUAL INVENTORY RELATED COST  IS THE SUM OF THE ANNUAL HOLDING AND ORDERING COST.…

Q: Classical Glasses operates a kiosk at the local mall, selling s unglasses for $30 each. Classical…

A: Break Even Point:                 Break Even Point is defined as the level where there is no profit…

Q: Phillip F lamm's Computer Store in Texas sells a printer for $200. Demand is constant during the…

A: Inventory refers to the stock that the company has held for the resale purpose or the goods that are…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: 22. Step 1: Calculate the order quantity The order quantity is equal to the # Days Inventory x Daily…

Q: Teller Co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes…

A: Budgeted hours required for production = Budgeted production x Direct labor hour for one box = 870…

Q: The sales teams has to generate $545,609 in revenue this month for Product X. Its sales price is…

A: Discount = Sales Price before Discount  x Discount Rate Net Sales Price = Sales Price before…

Q: Morning Glory buys cereal directly from the manufacturer for $20 per case. The company’s annual…

A: Economic order quantity: It can be defined as an optimal quantity that is purchased by the company…

Q: A newly opened food chain estimates to serve 200 customers a day, with an average consumption or…

A: Number of Customers 200 per Day Number of Customers (200*25) 5000 per Month Fixed Cost…

Q: Liberty Celebrations, Inc. manufactures a line of flags. The annual demand for its flag display is…

A: Economic order quantity (EOQ) is a computation that businesses use to determine their ideal order…

Q: Green Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer.…

A:

Q: The Warren W. Fisher Computer Corporation purchases 8,000 transistors each year as components in…

A: As you have asked multiple sub-parts we can solve only first three sub parts for you for rest of the…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A:

Q: A store sells a product that has the annual demand of 16,156 units. It purchases the product from…

A: At EOQ, total ordering cost and carrying cost is minimum. Total ordering and carrying cost can be…

Q: Determine the ordering, handling, and total inventory costs for the EOQ

A: Hi student Since there are multiple requirements, we will answer only first three requirements.

Q: Given the above information in Q1, Shannon’s wants to increase its sales to retailers by 20% in the…

A: GIVEN     Given the above information in Q1, Shannon’s wants to increase its sales to retailers by…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: Given information: Working days = 250 The average number of boxes sold per day = 500 Occasionally…

Q: Lia ITZY has determined that the annual demand for number 6 screws is 100,000 screws. Lia, who works…

A: Solution:- i)Calculation of average inventory as follows under:- Average inventory = EOQ / 2

Q: ulldogs Inc. expects to use 48,000 boxes of chocolate per year costing P12 per box. Inventory…

A: The total variable cost of production refers to the production cost that changes with the change in…

Q: A local TV repairs shop uses 36,000 units of a part each year (A maximum consumption of 100 units…

A: 1) Computation of Economic Order Quantity Annual Demand = 36,000 units Ordering Cost = 20per order…

Q: 7 days. Based on ABC’s records, ordering cost average P400 per order. Storage cost per box average…

A: As per BARTLEBY guidelines, when multiple subparts questions are given then solve first six sub…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: The reorder point refers to the level of inventory at which the stock is purchased to be sold in the…

Q: A large bakery buys sugar in 50-kg bags. The bakery uses an average of 1,344 bags a year. Preparing…

A: a)  Economic order quantity =

Q: Green Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer.…

A: Ordering Cost is a type of expenditure used in computation of Economic Order Quantity (EOQ). It…

Q: Fruit Computer Corporation makes custom fruit shaped computers. It is currently producing 60…

A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…

Q: The Warren W. Fisher Computer Corporation purchases 8,000 transistors each year as components in…

A: a)

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: SOLUTION-1 # CALCULATION OF FORECASTED HOLDING COST/CARRYING COST-   A-CALCULATION OF ORDER…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: The EOQ is a company's optimum order quantity that reduces overall costs associated with purchasing,…

Q: Liberty Celebrations, Inc. manufactures a line of flags. The annual demand for its flag display is…

A: Safety of stock is maintained so that the company does not face scarcity of resources. There is no…

Q: A local distributor for a national tire company expects to sell approximately 9,600 steel-belted…

A: Economic order quantity refers to the optimal amount of inventory a company should purchase in order…

Q: Starbucks wants to calculate how many baristas are required in the coffee shop. It operates 313 days…

A: (i) Actual working minutes of Starbucks = 313 days × 11 hours a day × 60 minutes =3443 hours × 60…

Q: A firm currently produces and sells 2,500 units every 60 days. One unit costs $150 to produce and…

A: Net Present Value: It is the tool used in Capital Budgeting to evaluate the profitability of a a…

Q: Customers at furniture store demand an average of 6,000 bookcases per year. Each time an order is…

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Q: Clone Computers assembles and packages personal computer systems from brand-name components. Its…

A: Break-even analysis entails calculating and assessing an entity's safety margin based on revenue and…

Q: A local electronic repair shop uses 15,000 units of mobile batteries each year. It costs RO 30 to…

A: As per the honor code, We’ll answer the first question since the exact one wasn’t specified. Please…

Q: Monthly Sales for previous year were 10,000 Mobile Phones. Overall Market has grown at 15% from the…

A: Cost accounting is the accounting of the cost incurred in manufacturing the goods which includes…

Q: You are going to open a business making custom cabinets. You can sell each cabinet for $80. It takes…

A: PLEASE LIKE THE ANSWER NOTE : AS QUESTION SPECIFY "Part D is needed"

Q: PLEASE MAKE IT IN EXCEL AND SHOW THE FORMULAS Comercial El Suspiro, S.A., purchases 2'100,000 units…

A: The question is related to the Inventory Management. Reorder point is calculated with the help of…

Q: Ada is running a store to sell soft-drink and snacks. For one soft-drink, given the daily demand is…

A: Basic Information The question is related to the Inventory Management. In this question first we…

Q: The Sonia Company has two product lines, high-speed printers and electronic typewriters. The…

A: Sales budget is considered as the initial phase of the budgeting process. The measure of income…

Q: Marvel Woodcraft makes furniture. Marvel's expected sales are 23,000 bookcases for the quarter. The…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: ABC Corporation resells one type of candle. It has 250 working days. Each day, it sells an average…

A: SOLUTION-                                            FORMULAS- 1-REORDER POINT=MAXIMUM DAILY DEMAND…

Q: Teller Co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes…

A: Raw material required for production = Estimated production x Clay per box = 870 boxes x 44 pounds…

Q: A manufacturer estimates that she can sell a maximum of 155 thousand cell phones in a city. By…

A: To arrive at some calculations on the whole, we firstly divide the whole data into smaller…

Q: Food For Less (FFL), a grocery store, is considering offering one hour photo developing in their…

A: Incremental sales here will be difference between new sales less switch of old customer New…

Q: A supermarket uses a supplier for its bottled water. The annual demand for this product is 24000…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Suppose Stanley's Office Supply purchases 50,000 boxes of pens every year. Ordering costs are $100…

A: Calculate the EOQ: EOQ = √((2x Annual demand x ordering cost)/ carrying cost per unit EOQ =…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.