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2.1 Calculate the annual Economic Order Quantity (E00) from the information provided below. (4 marks) INFORMATION The following details have been supplied by Embury Limited

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2.1 Calculate the annual Economic Order Quantity (E00) from the information provided below. (4 marks) INFORMATION The following details have been supplied by Embury Limited for one of its products: Monthly sales 5 000 units Carrying costs as a percentage of the unit purchase price 10% Purchase price per unit R25 R10 Cost of placing an order 2.2 (10 marks) Use the information provided below to calculate the value of closing inventory as at 30 June 2020 and gross profit for the year ended 30 June 2020, using the following methods of inventory valuation Weighted average cost (5 marks) 2.2.1

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