In manufacturing its products, a company uses three raw materials A, B and C in respect of

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In manufacturing its products, a company uses three raw materials A, B and C in respect of which the following apply:

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Weekly production varies from 175 to 225 units, averaging 200. What would you expect the quantities of the following to be:

(a) Minimum stock of A

(b) Maximum stock of B

(c) Re-order level of C

(d) Average stock of A

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 12, 2024 10:13 AM

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In manufacturing its products, a company uses three raw materials A, B and C in respect of

Question:

Raw Materials Particulars A || B | C (i) Usage per unit (kg) 10 4 6 (ii) Re-order quantity (kg) 10,000 5,000 1,000 (iii) Price per kg (Rs.) 10 30 15 (iv) Delivery period (weeks) 1 to 3 3 to 5 2 to 4 (v) Order level (kg) (vi) Minimum level (kg) 8,000 4,750 - 2,000

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Cost Accounting

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