Clarissa seager is the purchasing agent for central valve company, which sells indus¬trial valves and fluid-control devices. one of its most popular valves is the western, which has an annual demand of 4,000 units. the cost of each valve is $90.00, and the inventory carrying cost is estimated to be 10% of the cost of each valve. clarissa has made a study of the costs involved in placing an order for any of the valves that cen¬tral valve stocks, and she has concluded that the average ordering cost is $25.00 per order. furthermore, it takes about 8 work days for an order to arrive from the supplier. dur¬ing this time, the demand per week (= 5 work days) for central's valves is approximately 80. assume there are 250 work days per year.
what is the economic order quantity? round up to the nearest unit

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?