Use this information to answer the last five questions. A company sells a product that has an annual demand of 9,000 units. The purchase price is $15 per unit, and placing an order costs $25. The annual inventory carrying cost for the warehouse and in-transit shipping are 35% and 15% of the unit cost, respectively. In-transit shipping time for this item is 5 days. The company operates 360 days per year. How many units are in the average in-transit inventory

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40

Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.