A producer has estimated annual purchase requirement of 30,000 units of a material. Unit price of material

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A producer has estimated annual purchase requirement of 30,000 units of a material. Unit price of material is Rs. 50. Annual cost of carrying inventory is 20%. Ordering cost for an order is Rs. 60. Find out Economic Order Quantity (EOQ).

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Posted: Aug 30, 2023 02:06 PM

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A producer has estimated annual purchase requirement of 30,000 units of a material. Unit price of material

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Cost Accounting

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