Question
Combate uses 100,000 units of Material X Annually I its production. Ordering cost consists of P1,000 for placing a long distance call o make the
Combate uses 100,000 units of Material X Annually I its production. Ordering cost consists of P1,000 for placing a long distance call o make the order and P4,000 for delivering the order to the company warehouse. Each material cost P10,000 and the carrying costs are estimated at 15.625% of the inventory cost.
What is the EOQ?
What is the total carrying cost?
What is the total ordering cost?
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
