Business, 25.03.2021 03:30, no1hockeysis
The Fabric World sells fabrics to a wide range of industrial and consumer users. One of the products it carries is denim cloth, used in the manufacture of jeans and carrying bags. The supplier for the denim cloth pays all incoming freight. No incoming inspection of the denim is necessary because the supplier has a track record of delivering high-quality merchandise. The purchasing officer of the Fabric World has collected the following information:
Annual demand for denim cloth 40,700 yards
Ordering cost per purchase order $185
Carrying cost per year 10% of purchase costs
Safety-stock requirements None
Cost of denim cloth $11 per yard
The purchasing lead time is 2 weeks. The Fabric World is open 220 days a year (44 weeks for 5 days a week).1. Calculate the EOQ for denim cloth.2. Calculate the number of orders that will be placed each year.3. Calculate the reorder point for denim cloth.
Answers: 3
Business, 22.06.2019 12:00, DeathFightervx
Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.
Answers: 1
Business, 22.06.2019 17:10, mikailah0988
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
The Fabric World sells fabrics to a wide range of industrial and consumer users. One of the products...
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