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The provision of accounting information for internal us 1. Kivi Enterprises purchases 2000CD players at R300 each per annum. The CD players are sold evenly
The provision of accounting information for internal us
1. Kivi Enterprises purchases 2000CD players at R300 each per annum. The CD players are sold evenly throughout the year. The cost of placing a single order is PQ2. The coet of carrying tie inventory amounts to R6 per unit. Required 1.1 Calculate the economic order quantity for the year. 1.2 Calculate the number of orders that should be placed during the year. 2. GTX Limited produces a product which has a constant monthly dernand of 8000 units. The product requires a component that is purchased from a supplier at R20 per unit. The ordering cost is R1 20 per order. The holding cost is 10% of the unit purchase price. Required 2.1 Calculate the economic order quantity for the year. 2.2 Calculate the number of orders that should be placed during the year. 3. The following transactions of Heron Ltd took place during January 2009 in respect of component J used in production
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