Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

houston tires inc operates a small warehouse has the following annual cost in 2 0 1 9 :salaries was 6 5 0 0 0 ,

houston tires inc operates a small warehouse has the following annual cost in 2019:salaries was 65000, operating expense for purchasing department was $25,000, and inspecting and receiving was $25per order. if rhe purchasing department place 9000 orders in 2019 what were their average cost of ordering and annual carrying costs?
a $30, $300000
b $25: 220,000
c $35, $315,000
$25 $245,000
d $25,250,000

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_2

Step: 3

blur-text-image_3

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

Accounting Principles

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

7th Canadian Edition Volume 1

1119048508, 978-1119048503

More Books

Students also viewed these Accounting questions

Question

(a) Answer the following questions.

Answered: 1 week ago