Vik is paid on a piecework basis as follows:The higher rate applies to the additional units produced only.Last week Vik produced 149 units.What is Vik's gross pay for last week?(Please enter your answer in the box below (numbers only) for the value in $.) ______
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AD Co sells 67,500 units each year. Each unit requires 1.5kg of material. The cost of placing one order for materials is $5. The cost of holding 1kg of material for one year is $20.What is the economic order quantity (EOQ)?(Please enter your answer in the box below (numbers only) for the value in kg.) ______
Sunny Co has recorded the following data for the last two quarters.Based on this data, what are Sunny Co's fixed costs per quarter?(Please enter your answer in the box below (numbers only) for the value in $.) ______
A sports drink requires 0.45 litres of water in each finished bottle, but 10% of the water is lost during the drink-making process. Sales are expected to be 2,000 bottles in May. The company wants to increase inventory by 300 bottles over the month of May.What is the expected usage of water in May (to the nearest litre)?(Please enter your answer in the box below (numbers only) for the value in litres.) ______
The following sales revenue is recorded each month: 20% of sales are cash and the remainder are credit sales, paying in the month after sale; 2% of credit sales are irrecoverable debts.How much cash is received in April? ______