Question
ABC company makes 75 orders of chairs in a year and orders 335 chairs each time. The fixed order costs are $943 per order and
ABC company makes 75 orders of chairs in a year and orders 335 chairs each time. The fixed order costs are $943 per order and the carrying cost per unit is $80.83. The chairs are sold out before they are restocked. What are the carrying costs if the company orders the optimal quantity (Economic Order Quantity)?
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
