Economic order quantity (Appendix 8.2). The Krueger Foundry regularly uses 2.500 axles per year. It can purchase

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Economic order quantity (Appendix 8.2). The Krueger Foundry regularly uses 2.500 axles per year. It can purchase axles for Si 00 each. Ordering costs are S10 per order, and the holding costs of items in inventory are 20 percent of cost per year. Prepare an a nalysis for management that answers the following question.

What are-the economic order quantity and annual ordering costs?

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Managerial Accounting An Introduction To Concepts Methods And Uses

ISBN: 9780030259630

7th Edition

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil, Sidney Davidson

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