Choose the CORRECT ANSWERS and give COMPLETE solution/explanation.

11. Richwell Factory, producer of footwear, has developed the following data as their guide in raw materials management for their premium leather item: Normal daily usage 120 sq.ft. Maximum daily usage 150 sq. ft. Working days in a week 6 days Normal lead time for a supplier to deliver an order 7 days Maximum lead time for supplier to deliver an order 8 day Carrying cost of inventory per sq. ft.of leather P 0.50 sq.ft. Economic order quantity 300 sq. ft What is the safety stock of the company for this material? a. 360 sq.st c. 480 sq.ft. b. 369 sq. ft. d. 330 sq. ft. 12. Using th same data above, what is the reorder point of the item? c. 720 sq.ft. a. 1,200 sq/ ft. d. 960 sq.ft. b. 1,080 sq. ft. 13. Using the same data in number 11,how much is the cost per order of the material? a.. P 190 b. P 270 c. P 200.00 d. P187.50