3. (Total 25 points) The demand for chair is 2000 per month. Each chair costs $55. The ordering cost per order is $30. The monthly holding cost per chair is 0.8 dollars.
(a) (8 points) Compute EOQ.
(b) (3 points) How many orders will be placed in a YEAR if EOQ is used for ordering quantity?
(c) (7 points) What will be the total cost per month by ordering a quantity equal to EOQ every
time?
(c) (7 points) What will be the total cost per month by adopting a policy of ordering 500 chairs
per order instead of ordering EOQ?

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call); or pay-per-conversion (each time a website visitor is converted to a customer)

In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of