cost accounting

CoursHeroTranscribedText: 1. A material is purchased for $ 3 per unit. Monthly usage is 1,500 units, the ordering cost is $ 50 per order and the annual carrying cost is 40% Required: (a) Compute the economic order quantity, (b) Determine the proper order size if the material can be purchased at a 5% discount in lots of 2,000 units