You have been hired as a consultant by Feludi Inc.'s CFO, who wants you to help her estimate the cost of capital. You have been

Answer: Achieving peace of mind

Explanation:

A secure retirement plan focused on financial stability includes:

Automating savings.

Managing impulsive spending.

Assessing spending habits and living frugally.

Investing towards future goals.

The total value of the inventory lost in the tornado is $105,700. Explanation: The relationship is captured in this equation: Beginning inventory + inventory purchases + Gross profit = Sales + ending inventory. Plugging in the figures, $228,350 + $199,400 + $322,050 = $644,100 + ending inventory resolves to $749,800 = $644,100 + ending inventory. Thus, determining that the ending inventory amounts to $749,800 - $644,100 results in $105,700. The gross profit is calculated as Gross profit percentage multiplied by sales: 50% multiplied by $644,100 yields $322,050. Since the inventory was destroyed in the tornado, we assume the ending inventory lost corresponds to $105,700.

To adjust for Rent Receivable:

Sanborn Company has a tenant paying $3,100 monthly for renting space. The tenant has outstanding rent for November and December, which results in a total Rent Receivable on December 31 of (3100*2) = $6,200

Consequently, the adjusting entry on December 31 should be recorded as follows:

Rent Receivable Debit $6,200

Rent Revenue Credit $6,200

(Reflecting adjustment for rent receivable)

Answer:

Option (E) is the correct answer.

Explanation:

Labor productivity will increase by 50%.

Currently, productivity is at 5000 pairs per worker; with the productivity boost, it will rise to:

= 5,000 × (1 + 50%)

= 7,500.

Total annual pay stands at $40,000.

Cost per unit with higher productivity:

= Total pay ÷ New productivity level

= 40,000 ÷ 7,500

=

$5.33.

Thus, labor costs per unit produced will decrease from $8.00 to $5.33 for a facility in North America.

Answer:

a. The average number of boards ordered is 1,056 boards.

b. The average number of boards in stock is 560 boards.

c. Weekly holding costs total $140.

d. Holding cost allocated per board is $0.25.

Explanation:

The provided figures in the question indicate:

Service level = 96 %

Lead time = 3 weeks

Weekly demand = 150

Standard deviation = 200

This situation reflects variable demand with a consistent lead time.

a. Reorder point = Demand during lead time + Safety stock

= Average weekly demand * lead time + z*sqrt(lead time)*standard deviation of weekly demand

= 150*3 + NORMSINV(0.99)*sqrt(3)*200

= 450 + 1.7507*sqrt(3)*200

= 450 + 606.46 = 1,056.46

= 1,056 (rounded to the nearest whole number).

The average number of boards on order calculates to 1,056 boards.

b. In terms of normal distribution,

z=x-mean/std deviation

For a 96% confidence level, the z-value equals 2.05

2.05 = x-150/200

Therefore, x = 150 + 2.05 * 200 = 560

The average count of boards on hand is 560 boards.

c. Total weekly holding cost = Average inventory * holding cost per week = 560/2 * 0.5 = 280 * 0.5 = $140.

d. Holding costs for each board = Total holding cost / Number of boards = 140/560 = $0.25.