Short grass incorporated is a distributor of golf balls. martin's golf supplies is a local retail outlet which sells golf balls. martin's purchases the golf balls from short grass incorporated at $0.75 per ball; the golf balls are shipped in cartons of 72. short grass incorporated pays all incoming freight, and martin's golf supplies does not inspect the balls due to short grass' reputation for high quality. annual demand is 155,520 golf balls at a rate of 2,991 balls per week. martin's golf supplies earns 12% on its cash investments. the purchase-order lead time is one week. the following cost data are available: relevant ordering costs per purchase order $125.00 carrying costs per carton per year: relevant insurance, materials handling, breakage, etc., per year $ 0.77 if martin's makes an order (1/12 of annual demand) once per month, what are the relevant total costs? a. $3,000.00 b. $652.50 c. $2,152.50 d. $1,500

Price and efficiency variances, journal entries. the schuyler corporation manufactures lamps. it has set up the following standards per finished unit for direct materials and direct manufacturing labor: direct materials: 10 lb. at $4.50 per lb. $45.00 direct manufacturing labor: 0.5 hour at $30 per hour 15.00 the number of finished units budgeted for january 2017 was 10,000; 9,850 units were actually produced. actual results in january 2017 were as follows: direct materials: 98,055 lb. used direct manufacturing labor: 4,900 hours $154,350 assume that there was no beginning inventory of either direct materials or finished units. during the month, materials purchased amounted to 100,000 lb., at a total cost of $465,000. input price variances are isolated upon purchase. input-efficiency variances are isolated at the time of usage. 1. compute the january 2017 price and efficiency variances of direct materials and direct manufacturing labor. 2. prepare journal entries to record the variances in requirement 1. 3. comment on the january 2017 price and efficiency variances of schuyler corporation. 4. why might schuyler calculate direct materials price variances and direct materials efficiency variances with reference to different points in time

Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?

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