Dusty is evaluating three bids to supply fence hardware for the 5 acres of pasture that need to be fenced
Breezy submits a bid of $40 per unit with a defect rate of 3%; Lady's bid is $50 per unit with a defect rate of 0.5%; and Spike's bid is $30 per unit with a defect rate of 5%. If a section of fence fails, it costs an average of $500 in losses and herding costs to round up all of the capybaras. Dusty believes it will take 500 units to fence in this pasture configuration; which supplier should win the business?
A) Spike
B) Breezy
C) Lady
D) no difference between Breezy and Spike
Answer: C
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Publicly held corporations must file annual reports with the SEC. All such reports are available
a. only to the SEC, the company's owners and management, and the company's auditors. b. only to other SEC companies and the issuing company's owners and management. c. only to the SEC, the company's management, and the company's auditors. d. to the general public.
Four A washers, five B washers, two C bolts, and a D bolt are required to make one grill parts kit. If 100 grill parts kits are needed, how many more washers will be consumed than bolts?
What will be an ideal response?
What are the assumptions of the EOQ model?
What will be an ideal response?
DM Corporation has provided you with the following budgeted income statement for one of its products
Sales revenue $700,000 Variable costs (430,000 ) Contribution margin $270,000 Fixed costs (320,000 ) Operating loss $(50,000 ) DM has just encountered environmental problems with the product and will be forced to drop the product line altogether. DM will be able to eliminate 70% of the fixed costs. What will be the impact on operating income of the company? A) Operating income will decrease by $224,000. B) Operating income will decrease by $46,000. C) Operating income will increase by $224,000. D) Operating income will increase by $46,000.