Please answer all requirements.

ACC319 Cost Accounting 2020 Fall Joseph Daly : 12/03/20 2:04 PM Homework: Chapter 20 Homework Save Score: 0 of 25 pts 3 of 4 (0 complete) HW Score: 0%, 0 of 100 pts E20-24 (similar to) A Question Help Hurricane Company produces skateboards and purchases 20,400 units of a wheel bearing each year at a cost of $2 per unit. Hurricane requires a 11% annual rate of return on investment. In addition, the relevant carrying cost (for insurance, materials handling, breakage, etc.) is $0.20 per unit per year. The relevant ordering cost per purchase order is $42.20 Read the requirements Requirement 1. Calculate Hurricane's EOQ for the wheel bearing. Begin by selecting the formula used to calculate EOQ. (D = Demand in units for one year, P = Ordering cost per purchase order, C = Carrying cost of one unit in stock, Q = Any order quantity) Requirements 1. Calculate Hurricane's EOQ for the wheel bearing. 2. Calculate Hurricane's annual relevant ordering costs for the EOQ calculated in requirement 1. 3. Calculate Hurricane's annual relevant carrying costs for the EOQ calculated in requirement 1 4. Assume that demand is uniform throughout the year and known with certainty so there is no need for safety stocks. The purchase-order lead time is half a month. Calculate Hurricane's reorder point for the wheel bearing. Print Done Click to select your answer(s) and then click Check Answer. parts remaining Clear All Check