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Author Question: Ralph was in the process of completing the quarterly planning for the purchasing department when a ... (Read 181 times)

j.rubin

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on: Mar 6, 2021
Ralph was in the process of completing the quarterly planning for the purchasing department when a major computer malfunction lost most of his data. For direct material XXX he was able to recover the following: 

Average inventory level of XXX200
Orders per year40
Average daily demand48
Working days per year250
Annual ordering costs$4,000
Annual carrying costs$6,000
Ralph purchases at the EOQ quantity level. 

Required: 
Determine the annual demand, the cost of placing an order, the annual carrying cost of one unit, and the economic order quantity.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by j.rubin on Mar 6, 2021

tandmlomax84

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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j.rubin

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

LegendaryAnswers

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Reply 3 on: Yesterday
Excellent

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