Question
4) The demand for material ABC is 12,000 units per annum. The cost of storage is 24% of price per annum. The cost of ordering
4) The demand for material ABC is 12,000 units per annum. The cost of storage is 24% of price per annum. The cost of ordering is RM2.00 per order. The price of ABC is RM5 per unit. What is the economic order quantity (EOQ) for the company? A. 300 B. 250 C. 200 D. 150
1) Production department request raw materials from warehouse by issuing ______. A. material requisition B. goods received note C. purchase order D. inspection report
14) Rumba Company operates a differential piece rate system of payment. The different piece rates applicable for different units of output produced are: 0 to 100 units RM0.50 per unit 101 to 150 units RM0.70 per unit 151 to 200 units RM0.90 per unit Defective units on which rework is required are paid at the rate of RM0.20 only. Sarah produces 160 units in the week out of which 10 damaged items. What will be the gross wages to her? A. RM87 B. RM94 C. RM105 D. RM107
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