Question
Cheeseburger and Taco Company purchases 13,779 boxes of cheese each year. It costs $24 to place and ship each order and $5.67 per year for
Cheeseburger and Taco Company purchases 13,779 boxes of cheese each year. It costs $24 to place and ship each order and $5.67 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.
What is the annual ordering cost of cheese inventory.
Round the answer to two decimals.
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Managerial Accounting An Integrative Approach
Authors: C J Mcnair Connoly, Kenneth Merchant
2nd Edition
099950049X, 978-0999500491
