Question
Annual demand is 62,500 units; Purchase price is 100 per unit; Ordering cost is 20 per order and carrying cost is 10% of purchase price.
Annual demand is 62,500 units; Purchase price is 100 per unit; Ordering cost is 20 per order and carrying cost is 10% of purchase price. How much is the total inventory cost?
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
