The following information is available for Friendship Circle Co.: Annual demand...................................400 cases Order quantity........................................25 cases Cost to

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The following information is available for Friendship Circle Co.:

Annual demand...................................400 cases

Order quantity........................................25 cases

Cost to place an order.........................$15

Cost of carrying inventory....................$35

Purchase price...................................$125 per case


Determine the inventory carrying costs, inventory ordering costs, and total inventory cost for Friendship Circle Co.

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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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