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Subsectionion 175 / 5 pointsThe annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. The ordering cost is $20 per order, and the holding cost is 20 percent of the purchase cost. The purchase cost is $40 per unit. There are 250 working days per year. Currently, the company is ordering 500 units each time an order is placed. Assuming the company uses a safety stock of 20 units resulting in a reorder point of 60 units, what is the expected lead-time for delivery?7 days6 days5 days4 daysNone of the aboveQuestion 185 / 5 points
Daniel Trumpe has computed the EOQ for a product he sells to be 400 units. However, due to recent events, he has a cash flow problem. Therefore, he orders only 100 units each time he places an order. Which of the following is true for this situation?Subsectionion 195 / 5 pointsA widely used mathematical programming technique designed to help managers and decision making relative to resource allocation is called __________.Question 205 / 5 pointsThe "point at which to reorder" depends directly on which of the following?
ion 15 / 5 pointsWhich of the following financial statements reports an entity's cash receipts and cash payments during the period?The statement of cash flowsThe balance sheetThe statement of retained earningsThe income statementQuestion 25 / 5 pointsBrannon Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fanconsists of 20 separate parts totaling $95 in direct materials, and requires 2.5 hours of machine time to produce. What is the cost of assembling per ceiling fan?ActivityAllocationCost Allocation RateMaterials handlingNumber of parts$ .08MachiningMachine hours$7.20AssemblingNumber of parts$ .35PackagingNumber of finished units$2.70$7.00$7.50
Question 35 / 5 pointsBrannon Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fanconsists of 20 separate parts totaling $95 in direct materials, and requires 2.5 hours of machine time to produce. What is the total manufacturing cost per ceiling fan?