laterials: Controlling, Costing, and Planning Quantity to Order. On September 1, a company wants to determine the number of Material X it should order for Novenaber delivery. The production schedule e 4,200 units of Material X for September operations, 4,400 units for October, ana units for November. On September 1. the inventory record shows 4,400 units on 3,600 units on order for September delivery, and 4,500 units on order for October ery. The inventory needed to begin December production is 3,600 units Required: Compute the quantity to be ordered for November delivery. Usage Forecast and Inventory Balances. On January 1, a materials analyst is a determine the number of units of Item AZ to be ordered for March delivery. The pre schedule calls for 4,800 units of AZ for January operations, 5,000 units for Februa 5,600 units for March. On January 1, the AZ inventory is 6,000 units, 3,800 unit order for January delivery, and 4,600 units are on order for February delivery. The inventory level to begin second-quarter production is 80% of the January 1 invente Required: (1) Compute the quantity to be ordered for March delivery. (2) If the planned usage occurs and outstanding orders are received on expected dates, what is the number of units on hand (a) on March 1 and (b) on March EOQ. (Round all answers to the nearest whole number.) (1) Stevens Inc. has an annual usage of 100 units of Item M. having a purchase p $55 per unit. The following data are applicable to Item M: Ordering cost Carrying cost percentage Required: Compute the economic order quantity. $5 per c (2) Lee Equipment Company estimates a need for 2.250 Ajets next year at a cost unit. The estimated carrying cost is 20%, and the cost to place an order is SI Required: Compute the economic order quantity. (3) Tunsel Corporation has been buying Product A in lots of 1,200 units, which m a four-months supply. The cost per unit is $100; the order cost is $200 per c the annual inventory carrying cost for one unit is $25. Required: Compute the economic order quantity. (AICPA (4) Mozart Company estimates that it will need 25,000 cartons next year at a c per carton. The estimated carrying cost is 25% of average inventory invest the cost to place an order is $20. Required: Compute (a) the economic order quantity and (b) the frequency, in orders should be placed, based on a 365-day year.