Annual demand for a paperback dictionary at the bookstore is 1200 units. Ordering costs are 350, carrying costs are $6 per unit per year, and the lead time is 9 days. The bookstore is open for 300 days of the year. What is the reorder point?
What will be an ideal response?
Answer: 36
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Standardization of advertising leads to lower advertising costs, greater global advertising coordination, and a more consistent worldwide image
Indicate whether the statement is true or false
On January 2, 2014, Sanders Corporation granted stock options to key employees for the purchase of 60,000 shares of the company's common stock at $25 per share. The options are intended to compensate employees for the next two years. The options are exercisable within a four-year period beginning January 1 . 2016, by grantees still in the employ of the company. The fair value of the option
determined by an option pricing model is $7 at the grant date. Sanders plans to distribute up to 60,000 shares of treasury stock when options are exercised. The treasury stock was acquired by Sanders at a cost of $28 per share and was recorded under the cost method. Assume that no stock options were terminated during the year. How much should Sanders charge to Compensation Expense for the year ended December 31 . 2014? a. $420,000 b. $210,000 c. $180,000 d. $90,000
Materials used by Square Yard Products Inc in producing Division 3's product are currently purchased from outside suppliers at a cost of $5 per unit. However, the same materials are available from Division 6. Division 6 has unused capacity and can produce the materials needed by Division 3 at a variable cost of $3 per unit. A transfer price of $3.20 per unit is established, and 40,000 units of
material are transferred, with no reduction in Division 6's current sales. How much would Division 6's income from operations increase? A) $8,000 B) $15,000 C) $80,000 D) $150,000
Why is negotiation a more efficient and effective way to reach a solution than either a lawsuit or arbitration?
What will be an ideal response?