Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

answer fastly plz Question 17 Not yet answered Marked out of 4.00 Flag question A company makes watches. It produces 900 watches a month. It

answer fastly plz image text in transcribed
image text in transcribed
Question 17 Not yet answered Marked out of 4.00 Flag question A company makes watches. It produces 900 watches a month. It buys the raw materials from a supplier at a cost of OMR 20 per unit. The company's inventory carrying cost is estimated to be 15% of cost and the ordering is OMR 50 per order. If the supplier of watches offers a discount of 10% for order quantity of 1200 no's per order. Determine the following? Considering this information, answer the following questions. (round off to the nearest zero) (A) Find the economic order quantity: (B) Find Number of orders in a year: () Time between successive order: 20 Days 32 Days (D) Total cost on Discount TC(discou 35 Days 45 Days 17 d out of A company makes watches. It produces 900 watches a month. It buys the raw materials from a supplier at a cost of OMR 20 per unit. The company's inventory carrying cost is estimated to be 15% of cost and the ordering is OMR 50 per order. If the supplier of watches offers a discount of 10% for order quantity of 1200 no's per order. Determine the following? Considering this information, answer the following questions. (round off to the nearest zero) (A) Find the economic order quantity: question (B) Find Number of orders in a year: (C) Time between successive order: (D) Total cost on Discount TCdiscount) OMR 196,470 OMR 250,812 OMR 196,650 18 ---- OMR 218.250 -----...-L.-.-.-.-.-.-.-.-.-.-L

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Holding Company Audit Compliance And Risk Management

Authors: Anthony Ludovic Assassa

1st Edition

6206122727, 978-6206122722

More Books

Students also viewed these Accounting questions