Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 29, 2024

use the information given below to calculate the quantity that will minimise the total ordering and storage cost during 2024. information Kip Enterprises intends purchasing

use the information given below to calculate the quantity that will minimise the total ordering and storage cost during 2024.

information

Kip Enterprises intends purchasing 2000 units of product Yogo per week during 2024 at 52 per unit. the following additional cost are incurred:

Ordering cost R25 per order Stockholding cost 10% of the unit purchase price

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

2. Explain what a context effect is and give some examples.

Answered: 1 week ago

Question

★★★★★

Determine the amount of tax liability in the following situations. In all cases, the taxpayer is using the filing status of married filing jointly. a. Taxable income of $62,449 that includes dividend...

Answered: 1 week ago

Question

★★★★★

Date Account Titles and Explanations Debit Credit Jan. 01 Cash (13,000 shares * $19) $247,000 Commmon stock $65,000 Additional Paid-in capital in excess of par-common $182,000 Jan. 01 Cash (6700...

Answered: 1 week ago

Question

★★★★★

ACC 640 Module Four Working Paper Guidelines and Rubric Overview In this activity, you will analyze the financial information of Rocky, Inc., to assess where inaccuracies exist for the client. You...

Answered: 1 week ago

Question

★★★★★

You have $420 in an account which pays 4.1% compounded annually. If you invest your money for 9 years, then how many dollars of interest will you earn by the end of the term? The amount of interest...

Answered: 1 week ago

Question

★★★★★

Americans are greedy because everybody sues everybody on everything." Do you agree with above statement, and why there are many more liability litigation cases seeking huge amount for damage remedy...

Answered: 1 week ago

Question

★★★★★

You require 4.300 kg prepared carrots for service. The trimming loss for carrots is 14%. What quantity of raw carrots will you require for preparation? Enter your answer to 3 decimal places, e.g....

Answered: 1 week ago

Question

★★★★★

How does the battery from Tesla cars negatively impact the environment? Does Tesla negatively impact the environment at all? If so, how? What could Tesla do to help solve these impacts?

Answered: 1 week ago

Question

★★★★★

United States Motors Inc. (USMI) manufactures automobiles and light trucks and distributes them for sale to consumers through franchised retail outlets. As part of the franchise agreement,...

Answered: 1 week ago

Previous Question Next Question