Refer to the data in 22-1. Required: 1. Compute the economic order quantity. 2. Compute the ordering
Question:
Refer to the data in 22-1.
Required:
1. Compute the economic order quantity.
2. Compute the ordering cost and the carrying cost for the EOQ.
3. How much money does using the EOQ policy save the company over the policy of pur¬
chasing 5,000 drive shafts per order?
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Related Book For 
Cost Management Accounting And Control
ISBN: 9780324002324
3rd Edition
Authors: Don R. Hansen, Maryanne M. Mowen
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