A staff accountant for Percolators, Inc., noted that the annual carrying cost for a specific inventory item

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A staff accountant for Percolators, Inc., noted that the annual carrying cost for a specific inventory item is estimated at $28,500, while the annual order cost is estimated at $14,150. Does this information tell you anything about the relationship of the actual order quantity to the optimal order quantity? Explain.

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Cost Accounting

ISBN: 9780256069198

3rd Edition

Authors: Edward B. Deakin, Michael Maher

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