The purchasing price per pound is $2.50 (paid only when the cotton arrives at XM’s facilities) and transportation cost by sea is $0.20 per pound. The average traveling time from PA’s facility in Brazil to XM’s facility in the United States is two weeks and it has a standard deviation of 0.5 week. The cost of placing a cotton order, by XM, is $100 and the annual holding cost XM is facing is 20 percent. For the calculation of holding cost per unit, the base includes the purchasing price and transportation cost. The company requires a 96% service level in order to curtail stockouts.

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment

What is used by accountant to analyze transactions ?