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A manufacturer buys certain equipment from an outside supplier at Rs. 30 per unit. Total annual needs are 800 units.

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A manufacturer buys certain equipment from an outside supplier at Rs. 30 per unit. Total annual needs are 800 units. Further the following data are available.

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Annual return on investment Rent, taxes, insurance per unit per year Re. 1 Cost of placing an order Determine the economic order quantity. 10% Rs. 100

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To determine the economic order quantity EOQ you can use the Economic Order Quantity f…View the full answer


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Related Book For  answer-question
Cost Accounting

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Details
Chapter # 3- MATERIALS CONTROL
Section: Problems
Problem: 1
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Question Posted: August 30, 2023 13:57:09
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