Question
The General Chemical Company uses 200,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 50 cents per
The General Chemical Company uses 200,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 50 cents per gallon per year, and the cost of ordering the chemical is $250 per order. The firm uses the chemical at a constant rate throughout the year. The chemical's economic order quantity is" *11,619 gallons." "48,990 gallons." "9,487 gallons." "1,900 gallons."
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
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