a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale

25,656 results
  1. Mathematics

    the cost of operating an appliance varies jointly as the number of watts drawn, the hours of the operation and the cost per kilowatt-hour. At P8.99 per kilowatt-hour, how much would it cost when a 70-watt desk fan operates for 2 hours?

  2. pre-calculus

    the profit of a company, in dollars, is the difference between the company's revenue and cost. the cost C(x), and R(x) are functions for a particular company. the x represents the number of items produced and sold to distributors. C(x)=2000+60x

  3. algebra

    The cost of operating an appliance varies jointly as the number of watts, hours of operation, and the cost per kilowatt-hours. It costs $0.45 to operate a 3000-watt air conditioner for 2 hours at a cost of $0.075 per kilowatt-hour. Find the Cost of

  4. MATH

    Jones Company had 100 units in beginning inventory at a total cost of $10,000.The company purchased 200 units at a total cost of $26,000. At the end of the year, Jones had 80 units in ending inventory. Compute the cost of the ending inventory and the cost

  5. math

    A company produces x units of output at a total cost of 1/3 x^3 – 18x^2 + 160x. Output at which average cost is equal to marginal cost is:

  6. financial management

    Last year Rattner Robotics had $5 million in operating income (EBIT). The company had net depreciation expense of $1 million and interest expense of $1 million; its corporate tax rate was 40 percent. The company has $14 million in current assets and $4

  7. calculus

    The operating cost, C, in dollars per hour, for an airplane cruising at a height of h metres and an air speed of 200km/h is given by: C = 4000 + h/15 + 15000000/h for the domain 1000 ≤ h ≤ 20000. Determine the height at which the operating cost is at a

  8. math

    The pricing policy of a company follows the demand equation p=D(x). D(x) being the price per unit when x units are demanded. After studying the market trends the company determines the price function that is given by D(x)= 2000-4x. If the product is to be

  9. Accounting Please help me

    Bethany Link delivers parts for several local auto parts stores. She charges clients $0.75 per mile driven. She has determined that if she drives 2,100 miles in a month, her average operating cost is $0.55 per mile. If Bethany drives 4,200 miles in a

  10. accounting

    The following transactions occurred during March 2009 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. 1. Issued 30,000 shares of common stock in exchange for $300,000 in cash. 2. Purchased equipment of a cost of

  11. Math

    The organizers of of a walkathon get cost estimates from two printing companies to print brochures to advertise the event. The cost are given by the equations below, were C is the cost in dollars and N is the number of brochures. Company A: C = 15 + 0.10n

  12. math

    (TRANSPORTATION COST) A truck is hired to transport goods from a factory to a warehouse. The driver’s wages are figured by the hour and so are inversely proportional to the speed at which the truck is driven. The cost of gasoline is directly proportional

  13. Math - average rate problems(check + help)

    The total cost, c, in dollars of operating a factory that produces kitchen utensils is C(x)=0.5x^2+40x+8000, where x is the number of items produced in thousands. a)Determine the marginal cost of producing 5000itmes and compare this with the actual cost of

  14. operations management

    Best Wheels Bicycle Company is looking to automate production of a framing component and will need to purchase new frame fabrication machinery. The company has narrowed the selection to 2 machines that have a useful life of 3 years. The company operates 8

  15. Accounting 5

    Bethany Link delivers parts for several local auto parts stores. She charges clients $0.75 per mile driven. She has determined that if she drives 2,100 miles in a month, her average operating cost is $0.55 per mile. If Bethany drives 4,200 miles in a

  16. math

    please check my answers below and correct me if i am wrong please 1. At Lexi Corp., sales revenue is $20 million, the cost of goods sold is $14 million, operating expenses are $3 million, and income taxes are $1 million. What is the company's operating

  17. Accounting

    I am not even sure where to get started on this. Reisen Travel offers helicopter service from suburban towns to John F. Kennedy International Airport in New York City. Each of its 10 helicopters makes between 1,000 and 2,000 round-trips per year. The

  18. accounting

    During Denton Company’s first two years of operations, the company reported absorption costing net operating income as follows: Year 1 Year 2 Sales (@ $64 per unit) $ 1,216,000 $ 1,856,000 Cost of goods sold (@ $32 per unit) 608,000 928,000 Gross margin

  19. accounting

    Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 Aug. 12 300 units at $11 May 5 500 units at $10 Dec. 8 200 units at $12 Eddings Company uses a

  20. business

    Direct verse indirect cost Estep Construction Company is composed of two divisions: (1) Home Construction and (2) Commercial Construction .The Home Construction Division is in the process of building 12 houses and the Commercial Division is working on 3

  21. Math

    Steinwelt Piano manufactures uprights and consoles in two plants, Plant 1 and plant 2. the output of plant 1 is at most 300/month, and the out put of plant 2 is at most 250/month. theses pianos are shipped to three warehouses that serve as distribution

  22. Business Math

    As a newly hired staff accountant for Jordan Designs, you have been asked to conduct the year-end physical inventory. During the process, you observe that much of the inventory is outdated and there fore could not be sold for the recorded cost. You

  23. Accounting

    A company has two major businesses that it operates. One business manufactures and sells unicycles for commercial use in circuses, etc. (total sales of $150M), and the other sells bicycles to the public (total sales of $20M). The unicycle business occupies

  24. Accounting

    Max Stevenson owns a local drug store. During the past few years, the economy has been experiencing a period of high inflation. Stevenson has had the policy of withdrawing cash from his business equal to 80% of the company's reported net income. As the

  25. Cost Accounting

    Estimating a cost function, high-low method? Reisen Travel offers helicopter service from suburban towns to john F. Kennedy Airport. Each of it's 10 helicopters makes between 1,000 and 2,000 round trips per year. The records indicate that a helicopter that

  26. math-story prob

    Please help: The total cost of gift baskets include the cost of each basket and a one time delivery fee. One company bought 40 baskets for a total of $715 and another company bought 400 baskets for $5,935. What is the cost per basket? What is the cost for

  27. INB

    Last year Rattner Robotics had $5 million in operating income (EBIT). The company had net depreciation expense of $1 million and interest expense of $1 million; its corporate tax rate was 40 percent. The company has $14 million in current assets and $4

  28. Math

    A company is purchasing nine pieces of machinery that cost $7886 each. If the cost of each machine is estimated to the nearest $100, which of the following is an appropriate estimation of the total cost of the purchase.

  29. finance

    Nucore Company is thinking of purchasing a new candy-wrapping machine at a cost of $370,000. The machine should save the company approximately $70,000 in operating costs per year over its estimated useful life of 10 years. The salvage value at the end of

  30. home economics

    The economist for the Grand Corporation has estimated the company’s cost function, using the times series data to be TC=50+16Q-2Q2+0.2Q3 a. Plot this curve for quanties 1 to 10 b. Calculate the average total cost, average variable cost and marginal cost

  31. Business Mathematics

    A hypothetical car manufacture company makes its best selling car at its two plants in Windhoek. At the first plant, the unit cost is N$ 3.60, and the fixed cost is N$ 1260. At the second plant, the unit cost is N$ 3.30, and the fixed cost is N$ 2637. The

  32. ACC305 Accounting for Decision Making

    What is the difference between the flow of products and cost in a manufacturing organization to the flow of products and cost in a service and merchandising organization, please provide an example?

  33. accounting

    a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and,

  34. accounting

    a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and,

  35. accounting

    a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and,

  36. accounting

    A merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and,

  37. introduction to accounting

    a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and,

  38. business

    a merchandising company wants to include the cost of operating its warenhouse in the cost of inventory, what impact will this descision have on the firm's income stement and balance sheet?:

  39. business

    a merchandising company wants to include the cost of operating its warenhouse in the cost of inventory, what impact will this descision have on the firm's income stement and balance sheet?:do you think the controller is justified in his action. Why?

  40. Accounting

    The Divine Merchandising Corporation began March operations with merchandise inventory of 6 units, each of which cost $27. During March, Divine Merchandising made the following purchases: (1) March 4, 12 units @ $28 per unit, (2) March 15, 18 units @ $30

  41. math

    A manufacturer of projection TVs must ship a total of at least 1000 TVs to its two central warehouses, x to the first warehouse and y to the second warehouse. Each warehouse can hold a maximum of 750 TVs. The first warehouse already has 150 TVs on hand,

  42. math

    A manufacturer of projection TVs must ship a total of at least 1000 TVs to its two central warehouses, x to the first warehouse and y to the second warehouse. Each warehouse can hold a maximum of 750 TVs. The first warehouse already has 150 TVs on hand,

  43. Excelsior

    he following transactions occurred during March 2009 for the Wainwright Corporation. The company owns and operates a wholesale warehouse. 1. Issued 30,000 shares of common stock in exchange for $300,000 in cash. 2. Purchased equipment of a cost of $40,000.

  44. business

    Company X stocks a certain type of containers, each of which occupies 4 square feet of warehouse space. The warehouse space currently available for storing this type of container is limited to 3000 square feet. Demand for the container is 12,000 units per

  45. Math

    Steinwelt Piano manufactures uprights and consoles in two plants, Plant 1 and plant 2. the output of plant 1 is at most 300/month, and the out put of plant 2 is at most 250/month. theses pianos are shipped to three warehouses that serve as distribution

  46. Economics/Math

    Suppose you are the manager of a small chemical company operating in a competitive market. Your cost of production can be expressed as C = 100 + Q2, where Q is the level of output and C is total cost. a. Is this a short-run cost function? b. What is the

  47. Microeconomics

    In the shortrun function of a company with a constant variable cost is given by the equation q=225+55q,where TC is the total cost and q is the total quantity of output,both measured in thousands.1.what is a company's fixed cost?2.if the company produced

  48. To: Economyst

    I did mean Q Suppose you are the manager of a small chemical company operating in a competitive market. Your cost of production can be expressed as C = 100 + Q2, where Q is the level of output and C is total cost. a. Is this a short-run cost function? b.

  49. math

    A real estate company has a fleet of cars. The annual operating cost per car is C = 0.25m + 1300, where m represents the number of miles traveled per year. Find the maximum number of miles that each car can travel per year to yield an operating cost of no

  50. using the geometric-programing method of constrain

    the seasonal operating cost in dollars per square meter of grain bed for such a dryer consists of the cost of heating the air. heating cost=0,002Q(delta T) and blower operating cost Blower cost=2.6^(10^-9)Q^3 where Q= air quantity deliverd through the bed

  51. math

    the seasonal operating cost in dollars per square meter of grain bed for such a dryer consists of the cost of heating the air. heating cost=0,002Q(delta T) and blower operating cost Blower cost=2.6^(10^-9)Q^3 where Q= air quantity deliverd through the bed

  52. Honors Algebra

    Hi, I need some help with my Algebra. This is how it goes: Yet another company subsidiary of the company is a company that provides a dumpster rental service. The company will deliver a dumpster to a customer's site for a one-time fee of $150. The company

  53. math

    A warehouse having a volume of 10,000 ft3 and a floor area of 1000 ft2 is to be built. The cost of constructing the floor is $6.00/ft2, the cost of the roof is $10.00/ft2, and the cost of the walls is $20.00/ft2. If W is the width, L the length, and H the

  54. math-story prob

    The total cost of gift baskets include the cost of each basket and a one time delivery fee. The cost of the basket is the same regardless of how many the customers orders. One company bought 40 baskets for a total of $715 and another company bought 400

  55. Business finance

    Question No 1: If two projects are _______________, the fact that they have unequal lives will not affect the analysis. a)Mutually exclusive b)Dependent c)Independent d)Correlated Question No 2: Mr. A, as a financial consultant, has prepared a feasibility

  56. algebra

    A company that manufactures bikes has a fixed cost of $8,000. It cost $800 to produce each bike. The total cost for the company is a sum of fixed cost and variable costs. Write the total cost, C, as a function of the number of bikes produced x then find

  57. Accounting

    Given the following information for the fiscal year ended June 30, 2001: Product sales: 28,189,612 Service sales: 11,688,793 Cost of goods sold- products: 10,633,956 Cost of goods sold- services: 5,869,106 Operating expense: 14,904,460 Pre-tax operating

  58. Accounting

    A company has two major businesses that it operates. One business manufactures and sells unicycles for commercial use in circuses and so forth (total sales of $150M), and the other sells bicycles to the public (total sales of $20M). The unicycle business

  59. epoka university

    1) The cost that is related to the particularly cost object and can be traced to it in an economically feasible (cost-effective) way is called: o Indirect cost o Cost tracing o Direct cost o Variable cost

  60. Finance

    A company has a weighted average cost of capital of 8.9%. The company's cost of equity is 12 and its pretax cost of debt is 7.9% The tax rate is 35%. What is the company's target debt-equity ratio?

  61. Accounting please help in homework

    Question No: 1 Mr. A, as a financial consultant, has prepared a feasibility report of a project for XYZ Company that the company is planning to undertake. He has suggested that the project is feasible. The consultancy fee paid to Mr. A will be considered

  62. Accounting

    Jones Company had 100 units in beginning inventory at a total cost of $10,000.The company purchased 200 units at a total cost of $26,000. At the end of the year, Jones had 80 units in ending inventory. Instructions (a) Compute the cost of the ending

  63. accounting

    hey there, i was wondering if anyone could help me with the following questions. I would really appreciate your help . Multiple choice: A company obtained a patent for a drug it developed. The amount capitalized in asocciation with the drug patent will

  64. financial mang.

    This is my problem i have to figure out can anyone talk me through this? I don't just want a answer i want to know how you come up withthe answer so i can learn from it. Last year Rattner Robotics had $5 million in operating income (EBIT). The company had

  65. Stats

    Consider the Avionic Manufacturing Company that wishes to meet a demand of 10 units per month by purchasing the items from a vendor with a lead time of three-quarters of a month. The item cost is $2.50 per unit, replenishment cost is $3.50 per order, and

  66. math

    am not even sure where to get started on this. Reisen Travel offers helicopter service from suburban towns to John F. Kennedy International Airport in New York City. Each of its 10 helicopters makes between 1,000 and 2,000 round-trips per year. The records

  67. algebra

    I have a problem with break even analysis? the question is I'm trying to find the cost between 2 businesses to care for my lawn. The one company has an initial fee of $200+$50an hour for labor cost and the second company has an initial cost of $300+$25an

  68. accounting

    as an alternative to the old machine, the company can rent a new one. it will cost 5,000$ a year. in analysing the cost-volume behaviour the rental is what kind of cost?

  69. accounting

    # 1 Takers,Inc.provide the following results: 2004 2003 Units 2,400 3,000 Total Cost 19,200 24,000 What form of cost behavior is the cost above? Fixed cost, Sunk Cost, Mixed Cost or Variable Cost

  70. Math

    The organizers of of a walkathon get cost estimates from two printing companies to print brochures to advertise the event. The cost are given by the equations below, were C is the cost in dollars and N is the number of brochures. Company A: C = 15 + 0.10n

  71. Accounting

    Kam Motor Company manufactures automobiles. During September 2007 the company purchased 5,000 head lamps at a cost of $9 per lamp. Kam withdrew 4,650 lamps from the warehouse during the month. Fifty of these lamps were used to replace the head lamps in

  72. Math

    A company reaches the break - even point when its total revenue equals its total cost. The company sells their product at $ 25 per unit. If their total cost is $ 3,000 plus a unit cost of $ 12 , does the company break - even when 200 units are sold? (a)

  73. math

    Tema Oil Refinery ( TOR ) is the only company mandated to refine crude oil in Ghana. The company has estimated that the fixed cost would be $ 80000. Variable costs depends on the amount of crude oil refined but include the cost of labour and administrative

  74. Engineering Economy

    Compare the following alternatives on the basis of their capitalized cost at an interest rate of 10% per year. Petroleum Based Feedstock First cost, $ -250000 Annual operating cost, $/year -130000 Annual revenues, $/year 400,000 Salvage value, $ 50,000

  75. accounting

    You are a hard-working analyst in the office of financial operations for a manufacturing firm that produces a single product. You have developed the following cost structure information for this company. All of it pertains to an output level of 10 million

  76. Finance

    You are a hard-working analyst in the office of financial operations for a manufacturing firm that produces a single product. You have developed the following cost structure information for this company. All of it pertains to an output level of 10 million

  77. accounting

    Kam Motor Company manufactures automobiles. During September 2007 the company purchased 5,000 head lamps at a cost of $9 per lamp. Kam withdrew 4,650 lamps from the warehouse during the month. Fifty of these lamps were used to replace the head lamps in

  78. algebra

    An electronics company has developed a new hand-held device. The company predicts that the start-up cost to manufacture the new product will be $125,000, and the cost to make one device will be $6.50. A. If the company plans on selling the devices at a

  79. Econ

    A firm faces the following Average Cost function AC=1500Q^-1 + 300-27Q+1.5Q^2 Calculate the output level that minimizes: a) Marginal Cost b)Average Variable cost I need some help on this question. Thanks. If the average cost is AC=1500Q^-1 + 300-27Q+1.5Q^2

  80. Accounting

    A good purchased for $480 sells for $700. If the store's operating expenses are 30% of cost, what is the percentage markup on cost? A. 1.5% B. 10.57% C. 15.83% D. 45.83% c

  81. Financial accounting

    Last year Rattner had $5 million in operating income(EBIT). The company had net depreciation expense of $1 million and interest expense of $1 million; its corporate tax rate was 40 percent. The company had $14 million in current assets and $4 million in

  82. econ

    The economist for the Grand Corporation has estimated the company’s cost function, using the times series data to be TC=50+16Q-2Q2+0.2Q3 a. Plot this curve for quanties 1 to 10 b. Calculate the average total cost, average variable cost and marginal cost

  83. intro-cal

    a company makes x toys daily at a cost of C(x)=125+30x+2(x to the power of 2/3) dollars. what daily production level will minimize the average cost? (note define average cost as the Total cost divided by the total number of items) thx According to your

  84. math

    The cosat C, in dollars, of operating a concrete-cutting machine is modelled by C=2.2n^2-66n+655, where n is the number of minutes the machine is run. How long must trhe machine run for the operating cost to be at a minimum? What is the4 minimum cost?

  85. business and finance

    The cost of producing a number of items x is given by C=mx+b, inwhich b is the fixed cost and m is the variable cost (the cost of producing one more item). (a) If the fixed cost is $40 and the variable cost is $10, write the cost equation. Could someone

  86. math 111

    The overhead or fixed cost for the company is 1,000 per week. In addition, the cost of manufacturing each boat costs$200. Find an equation C=f(x) for the total cost per week where x is the number of boats manufactured in a week. b) Graph the total cost

  87. Business Finance

    Immediate help needed for the following two questions: 15-12A. (Break-even point) You are a hard-working analyst in the office of financial operations for a manufacturing firm that produces a single product. You have developed the following cost structure

  88. Algebra

    The cost of producing cell phones is represented as C=mx+b, where m is the marginal cost, x is the number of phones produced, b is the fixed cost, and C is the final cost. a. If the fixed cost is $75 and the marginal cost is $8, write the cost equation. b.

  89. Algebra

    The cost of producing cell phones is represented as C=mx+b, where m is the marginal cost, x is the number of phones produced, b is the fixed cost, and C is the final cost. a. If the fixed cost is $75 and the marginal cost is $8, write the cost equation. b.

  90. Algebra

    The cost of producing cell phones is represented as C=mx+b, where m is the marginal cost, x is the number of phones produced, b is the fixed cost, and C is the final cost. a. If the fixed cost is $75 and the marginal cost is $8, write the cost equation. b.

  91. Algebra

    The cost of producing cell phones is represented as C=mx+b, where m is the marginal cost, x is the number of phones produced, b is the fixed cost, and C is the final cost. a. If the fixed cost is $75 and the marginal cost is $8, write the cost equation. b.

  92. Finance

    Dr. Mallory practices at your hospital and your competitor. Presented below are data for DRG 209 (major joint and limb reattachments,(lower extremity) that reflects practice patterns for Dr. Mallory at the two hospitals: Your Hospital Competitor

  93. math

    Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 May 5 500 units at $10 Aug. 12 300 units at $11 Dec. 8 200 units at $12 Eddings Company uses a

  94. Business Cal

    Suppose a publishing company has found that the marginal cost at a level of production of x thoudsand books is given by: C'(x)=50/sqrroot(x) and the fixed cost is $25,000. Find the cost function C(x). C= INT C'= INT 50/sqrtx= 100 sqrtx + F where F is the

  95. Economics

    Calculate the following using excel (show all work): Income statement and cash flow statement for Project Smith Machine Company uses a MARR of 10% and depreciates its assets using a seven-year MACRS. Smith Machine Company’s effective income tax rate is

  96. mathematics

    the cost of operating an appliance varies jointly as the number of watts drawn, the hours of operation and the cost per kilowatt-hour. P8.99 per kilowatt-hour, how much would it cost when a 70-watt desk fan operates for 2 hours

  97. College Algebra

    A company builds bicycles. Their fixed cost is 300,000 and it costs $500 to make each bicycle(labor,materials,etc.) A)What is the cost equation and what is the average cost per bicycle? B)If the revenue equation is -3x^2+3200x where x is the number of

  98. Accounting

    Present value analysis-cost of capital National Leasing is evaluating the cost of capital to use in its capital budgeting process. Over the recent past, the company has averaged a return on equity of 12% and a return on investment of 9%. The company can

  99. ACCOUNTING HELP

    Hello, I'm having trouble understanding Direct Cost, Overhead Cost and Indirect Cost. ***Also Period cost and Product cost. please can anyone explain it and give examples for each! thanks

  100. ACCOUNTING HELP

    Hello, I'm having trouble understanding Direct Cost, Overhead Cost and Indirect Cost. ***Also Period cost and Product cost. please can anyone explain it and give examples for each! thanks

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