Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PROBLEM 23 Sta Rosa Toys, a large manufacturer of toys and dolls, uses large quantities of free in its doll production process. Throughout the year,

image text in transcribed
image text in transcribed
PROBLEM 23 Sta Rosa Toys, a large manufacturer of toys and dolls, uses large quantities of free in its doll production process. Throughout the year, the firm uses 1,250,000 squa cloth. The fixed costs of placing and receiving an order are P2,000, which includes charge at the mill. The price of the cloth is P2,50 per square yard, and the annual this inventory item is 20percent of the price. Sta. Rosa maintains a 12,500 squ stock. The cloth supplier requires a 2 week lead time from order to delivery. 44. What is the EDQ for this cloth? 45.What is the average inventory peso value, including the safety stop 46.What is the total cost of ordering and carrying the inventory, safety stock? (assume that the safety stock is on hand at the bed vearl

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

Step: 3

blur-text-image

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

College Accounting A Practical Approach

Authors: Jeffrey Slater, Debra Good

13th Canadian edition

134616316, 134166698, 9780134632407 , 978-0134166698

More Books

Students also viewed these Accounting questions

Question

What questions do you have for us?

Answered: 1 week ago

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago