Annual demand for materials KTS 5,000 units.Cost per unit before any discount is given is $5.Cost of carrying a unit of stock for a year is 15% of purchase price.There is $12 fixed cost for each other placed.The following discount are available for bulk purchase.

a)150units and above attracts 2% discount

b)250units and above attracts 4% discount

c)120units and above attracts 5% discount

You are required to calculate the Economic Order Quantity determine the number of times to order for product KTS.Also determine the total cost to be incurred,discount received and cash payable per order.