In P2-2, assume that the company desires a safety stock of 500 gallons. Required: 1. Compute the

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In P2-2, assume that the company desires a safety stock of 500 gallons.
Required:
1. Compute the average number of gallons in inventory.
2. Compute the total carrying cost.
3. Compute the total order cost. Did it differ from your answer in P2-2 above?

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Principles Of Cost Accounting

ISBN: 9780840037039

15th Edition

Authors: Edward J. Vanderbeck

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