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Please do not explain to shorten the time ABC Corporation has got a demand for a component as 10,000 units per year. The cost per
Please do not explain to shorten the time
ABC Corporation has got a demand for a component as 10,000 units per year. The cost per unit is RO 2 and it costs RO 36 to place an order to process the delivery. The inventory carrying cost is 9% of the cost per unit. What is the total ordering costs? a. RO 280 O b. RO 180 O c. RO 160 d. RO 360 The purchases made by Danube are given below. Danube sold 26 furniture in June. Calculate the cost of goods sold by Danube using FIFO method. Purchases No of Furniture Cost/Unit July 6 8 10 July 17 20 15 July 25 15 20 O a. 680 RO O b. 380 RO O c. 465 RO O d. 350 RO Garden Variety Flower Shop uses 900 clay pots a year. The pots are purchased at RO 2 per unit. Annual carrying costs are estimated at 20% of the cost. The ordering cost is RO 20 per order. Calculate the Economic Order Quantity. a. 400 units O b. 500 units O c. 300 units d. 600 units
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