Question
Using the POQ method of ordering, calculate the total cost of carrying and ordering inventory using average inventory. Week 3 4 6 Net 275
Using the POQ method of ordering, calculate the total cost of carrying and ordering inventory using average inventory. Week 3 4 6 Net 275 300 328 291 275 315 Order (1) Ending Inventory (1) Average Inventory (1) Cost to place an order= $60. Cost to carry inventory = $4.75 per unit per week
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Financial Accounting
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
11th edition
978-0134065830, 134065832, 134127625, 978-0134127620
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