Calculate the economic ordering quantity from the following information: Consumption of material per annum Ordering cost per

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Calculate the economic ordering quantity from the following information: image text in transcribed

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Cost Accounting

ISBN: 9788131759462

1st Edition

Authors: K. Alex

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Question Posted: Sep 19, 2024 07:02 PM

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Calculate the economic ordering quantity from the following information: Consumption of material per annum Ordering cost per

Question:

Consumption of material per annum Ordering cost per order Cost per kilogram of raw material Store cost 10,000 kg Rs 2 8% on inventory Rs 50

Step by Step Answer:

Cost Accounting

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