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.
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calculate the most economic quantity to order each time for 2023 (expressed to next whole number)
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- A company manufactures dog leashes that sell for $20.97, including shipping and handling. The monthly fixed costs (advertising, rent, etc.) are $23,202 and the variable costs (materials, shipping, etc.) are $9.21 per leash. How many leashes must be produced and sold each month for the company to break even?Estimate the cost of an oil change (5 quarts of oil) and a new oil filter for yourautomobile at a local service station. It takes a technician 20 minutes to do this job. Compare your estimate with the actual cost of an oil change at the service station. What percent markup is being made by the service station?The monthly demand for ice cans being manufactured being manufactured by Mr. Cruz is 3,500 pieces. With a manually operated guillotine, the unit cutting cost is P25.00. If an automatic hydraulic guillotine at a price of P305,000 is being used he will cut by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Cruz be able to recover the cost of the machine if he decides to buy now? a. 65 monthsb. 12.20 monthsc. 10.76 monthsd. 16.12 months SHOW CLEAR SOLUTION
- In Sheridan Company, total materials costs are $37,600, and total conversion costs are $61.560 for June. Equivalent units of production are materials 10,000 and conversion costs 12.000. (a1) Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, eg. 2.25.) Materials cost per unit %24 Conversion cost per unit %249. A machine part can be exhausted either from aluminum or steel. There is an order of 8,000 units.Steel costs 3.80Php/kg, while aluminum cost 8.70Php/kg. If steel is used, the steel per unit weighs110g and 30g for aluminum. In production, steel is 50 units/hr and 80units/hr with an aid of a toolcosting 640Php, which will be useless after the 8,000 units are finished. The cost of the machineoperator is 10.80Php/hr. if all other costs are identical, which material is more economical?Annual demand is 42,626 units/year. Ordering Cost is $52/order. Holding cost is $5/unit/year. What is the time between the two orders in days (assuming 365 days per year)?
- A part can be made either milling. or by broaching: The tooling for the milling machine will cost P15 to make, the set-up time will cost P20 and the operating cost for each part will be P0.50. The tools for broaching will cost P475, the set-up will cost P5 and the operating cost per part will then be P0.10. What production volume of the part is necessary to justify using the broaching machine?EMERGENCY! Production just informed management that one of its five glycol squeezers has been destroyed by a rogue computer virus. Production capability is now only 23000 gallons at most. The squeezer cannot be fixed and IceLess cannot afford a replacement. This breakdown will NOT lower fixed costs. This breakdown will not change variable cost per unit, either. If only 23000 gallons are produced, and the earning target remains $94400 above fixed costs, what price per gallon must now be charged? (show your calculations What is the Contribution Margin Ratio (CMR) if the price is $8.82 per gallon? At a price of $10.95 per gallon, what will be the DOL (assume 23000 gallons are sold , that $94400 above fixed costs is to be earned, and that other costs are as initially given)(show your calculations).Your firm has discovered a cheap and efficient technology of turning used plastic bottles and bags into various products. You limit your attention to the following two production options: you can produce plastic utensils or helmets. In the "utensils" case your estimat ann revenue $25,000, while production will cost you $8,000. However, in your "helmets" option, you expect to sell 2000 helmets every year at $10 each and the average total cost of every helmet will be $3. What is your accounting ?profit if you decided to produce helmets