The following inventory date have been established for Warriors Company: Order must be placed in multiples of 100 Annual sales are 338,000 units The purchase price per unit is P6 Carrying cost is 20% of the purchase price of the goods Fixed order costs is P48 Three days are required for delivery. What is the EOQ? How many orders should Warriors placed each year? How many units must be order every time?
The following inventory date have been established for Warriors Company: Order must be placed in multiples of 100 Annual sales are 338,000 units The purchase price per unit is P6 Carrying cost is 20% of the purchase price of the goods Fixed order costs is P48 Three days are required for delivery. What is the EOQ? How many orders should Warriors placed each year? How many units must be order every time?
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter8: Inventories: Special Valuation Issues
Section: Chapter Questions
Problem 11RE: Johnson Corporation had beginning inventory of 20,000 at cost and 35,000 at retail. During the year,...
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The following inventory date have been established for Warriors Company:
Order must be placed in multiples of 100
Annual sales are 338,000 units
The purchase price per unit is P6
Carrying cost is 20% of the purchase price of the goods
Fixed order costs is P48
Three days are required for delivery.
- What is the EOQ?
- How many orders should Warriors placed each year?
- How many units must be order every time?
- Calculate the total cost of ordering and carrying cost if the order quantity is
- 4,000 units
- 4,800 units
- 6,000 units
- At EOQ
Thank you so much!
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PART 4 PLEASE!
The following inventory date have been established for Warriors Company:
Order must be placed in multiples of 100
Annual sales are 338,000 units
The purchase price per unit is P6
Carrying cost is 20% of the purchase price of the goods
Fixed order costs is P48
Three days are required for delivery.
- What is the EOQ?
- How many orders should Warriors placed each year?
- How many units must be order every time?
- Calculate the total cost of ordering and carrying cost if the order quantity is
- 4,000 units
- 4,800 units
- 6,000 units
- At EOQ
Thank you so much!
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