Business, 06.05.2020 06:08, kevonmajor
Elliott, Inc., has four salaried clerks to process purchase orders. Each clerk is paid a salary of $25,750 and is capable of processing as many as 6,500 purchase orders per year. Each clerk uses a PC and laser printer in processing orders. Time available on each PC system is sufficient to process 6,500 orders per year. The cost of each PC system is $1,100 per year. In addition to the salaries, Elliott spends $27,560 for forms, postage, and other supplies (assuming 26,000 purchase orders are processed). During the year, 25,350 orders were processed.1. Classify the resources associated with purchasing as (1) flexible or (2) committed.
2. Compute the total activity availability, and break this into activity usage and unused activity.
3. Calculate the total cost of resources supplied (activity cost), and break this into the cost of activity used and the cost of unused activity.
4. (a) Suppose that a large special order will cause an additional 500 purchase orders. What purchasing costs are relevant? By how much will purchasing costs increase if the order is accepted? (b) Suppose that the special order causes 700 additional purchases orders. How will your answer to (a) change?
Answers: 3
Business, 22.06.2019 04:00, brucewayne8499
Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.
Answers: 2
Business, 23.06.2019 00:00, AaronMicrosoft15
Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?
Answers: 3
Business, 23.06.2019 00:40, doublejojo214
What role do business cycles play in a market economy
Answers: 2
Elliott, Inc., has four salaried clerks to process purchase orders. Each clerk is paid a salary of $...
History, 10.07.2019 15:00
History, 10.07.2019 15:00
English, 10.07.2019 15:00
Mathematics, 10.07.2019 15:00
History, 10.07.2019 15:00