Smith and Jones, Inc. is evaluating its inventory costs. The following information is available: Annual demand.........................4,500 units

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Smith and Jones, Inc. is evaluating its inventory costs. The following information is available:

Annual demand.........................4,500 units

Quantity ordered..........................100 units

Ordering costs (K)........................$25 per order

Carrying costs (H)........................$10 per unit

The total costs (ordering and carrying costs) are:

a. $1,125

b. $500

c. $1,625

d. $625

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Cost Management Measuring, Monitoring And Motivating Performance

ISBN: 1601

3rd Canadian Edition

Authors: Leslie G. Eldenburg, Susan K. Wolcott, Liang Hsuan Chen, Gail Cook

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Question Posted: Oct 08, 2018 01:46 PM

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Smith and Jones, Inc. is evaluating its inventory costs. The following information is available: Annual demand.........................4,500 units

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c 1625 ...View the full answer

Cost Management Measuring, Monitoring And Motivating Performance

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