NTJ Distributors Ltd has has an annual demand for an airport metal detector of 1400 units. The cost of a typical detector is $400. Carrying cost is estimated to be 20% of the unit cost and the ordering cost is $25 per order. If Tricia Joseph, the owner, orders in quantities of 300, he can get a 4% discount on the cost of the detectors. Should the company accept the discount?
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- Patsy Smith is planning to sell her special knife for $15 per unit. She purchases units from alocal distributor for $6 each. She can return any unsold units for a full refund. Fixed costs forbooth rental, including lighting and security are $4500. Required a) Compute the breakeven point in units sold. b) Suppose the unit purchased is $5 instead of $6, the fixed cost increases by $500, butthe selling price is unchanged. Compute the new breakeven point in units sold. c) Using the above data, explain how cost behavior affects Patsy Smith’s decision-making?Suko Na Ba Co. produces cellular phone cases. Each case requires a keypad which it also manufactures at a cost of P20 per unit, inclusive of fixed overhead cost of P5. Suko Na Ba Co. needs 50,000 units of this keypad annually. A supplier, Hindi Pa Co. has offered to sell to Suko Na Ba Corporation its keypad requirements at P24 per unit. If Suko Na Ba decides to buy the keypads, P2 per unit of the fixed overhead based on the annual estimate could be eliminated, and the facility previously used to produce the key pad could be rented to another company.If Suko Na Ba Co. outsource the keypads but does not rent the unused facility, it would __?Q2. Wang Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Wang is $400. Carrying cost is estimated to be 20% of the unit cost, and th e ordering cost is $25 per order. If Ping Wang, the owner, orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. Should Wang take the quantity discount
- Marquette has an opportunity to sell its product through an online retailer. To begin selling through this online platform, they are required to ship 2,000 units to the retailers’ order fulfillment warehouse. The other condition of this offer is that they pay a one-time vendor marketing fee of $5,000. To get the units to the fulfillment warehouse by the deadline Marquette will need to pay for expedited shipping at a cost of $10 per unit. What is the minimum price Marquette should charge the retailer for this initial order of 2,000 units? (Show all supporting calculations). (NOTE: ignore taxes or other costs not specifically mentioned in the questions.)1) locke's distributors has has an annual demand for a port authority’s metal detector of 1400 units. The cost of a detector is $400. The transportation cost is 20% of the unit cost and the ordering cost is $25 per order. Considering that if the lead buyer orders in quantities of 300, he can get a 4% discount on the cost of the detectors. Should the company accept the discount? 2) Adam is responsible for monitoring supplies at the Hospital. During the past year, the mean lead time demand for a certain brand of antibiotic was 60. with a lead time standard deviation of 7. Adam would like to maintain a 90% service probability level. What is the most suitable reorder point?Kristin is a distributor of bras picture frames. For 20X4, she plans to purchase for P30 each and sell them for P45 each. Kristin’s fixed costs are expected to be P 240,000. Kristin’s only other cost will be variable costs of P60 per shipment for preparing the invoice and delivery documents, organizing the delivery, and following up for collecting accounts receivable. The P60 cost will be incurred each time Kristin ships an order of picture frames, regardless of the number of frames in the order. Suppose Kristin sells 40,000 picture frames in 1,000 shipments in 20X4, what is the kristin’s operating income for 20X4? a. P 300,000 b. P 420,000 c. P 240,000 d. P 450,000
- Kristin is a distributor of bras picture frames. For 20X4, she plans to purchase for P30 each and sell them for P45 each. Kristin’s fixed costs are expected to be P 240,000. Kristin’s only other cost will be variable costs of P60 per shipment for preparing the invoice and delivery documents, organizing the delivery, and following up for collecting accounts receivable. The P60 cost will be incurred each time Kristin ships an order of picture frames, regardless of the number of frames in the order. Suppose Kristin anticipates making 500 shipments in 20X4, how many picture frames must Kristin sell to break-even in 20X4 a. 18,000 b. 12,000 c. 14,000 d. 16,0003. PHL assembles security monitors. It purchases 900 black-and-white cathode ray tubes per month at $80 each. Ordering costs are $120, and annual carrying costs are $20 per unit. - a) Determine the economic order quantity (2 points) - b) Find number of orders per year (1 point) - c) If the supplier offer a price of $79.5 per tube for ordering 1200 tubes in a lot, would you evaluate and advise PHL to take advantage of the offer? (2 points)The I-75 Carpet Discount Store has an annual demand of 10,000 yards of Super Shag carpet. The annual carrying cost for a yard of this carpet is $0.75, and the ordering cost is $150. The carpet manufacturer normally charges the store $8 per yard for the carpet; however, the manufacturer has offered a discount price of $6.50 per yard if the store will order 5,000 yards. How much should the store order, and what will be the total annual inventory cost for that order quantity?
- Jansen Crafters has the capacity to produce 50,000 oak shelves per year and is currently selling 44,000 shelves for $32 each. Curate Furniture approached Jansen about buying 1,200 shelves for bookshelves it is building and is willing to pay $26 for each shelf. No packaging will be required for the bulk order. Jansen usually packages shelves for Home Depot at a price of $1.50 per shelf. The $1.50 per shelf cost is included in the unit variable cost of $27, with annual fixed costs of $320,000. However, the $1.50 packaging cost will not apply in this case. The fixed costs will be unaffected by the special order and the company has the capacity to accept the order. Based on this information, what would be the profit if Jensen accepts the special order?Kristin is a distributor of brass picture frames. For 20X4, she plans to purchase for P30 each and sell them for P45 each Kristin's fixed costs are expected to be P 240,000. Kristin's only other cost will be variable costs of P60 per shipment for preparing the invoice and delivery documents, organizing the delivery, and following up for collecting accounts receivable. The P60 cost will be incurred each time Kristin ships an order of picture frames, regardless of the number of frames in the order. 1 Suppose Kristin sells 40,000 picture frames in 1,000 shipments in 20X4, what is the Kristin's operating income for 20X4? a P 300,000 b. P 420,000 c P 240,000 d P 450,000 2. Suppose Kristin sells 40,000 picture frames in 800 shipments in 20X4, what is the Kristin's operating income for 20X4? a P 246,000 b P 325,000 c. P 211,000 d. P312,000 3. Suppose Kristin anticipates making 500 shipments in 20X4, how many picture frames must Kristin sell to break-even in 20X4 a 18,000 6. 12,000 C. 14,000 d…A hardware store sells paint that has a demand of 9,706 gallons per year. The store purchases the paint from a supplier for 11.2 dollars per gallon The unit holding cost per year is 24 percent of the unit purchase cost. while the ordering cost is 175 dollars per order. The paint supplier has a lead time of 10 days. What is the annual ordering cost if the store uses the order quantity of 2,103 gallons per order? Assume EOQ model is appropriate. Use at least 4 decimal places.