(1 Mark) Pops Corp manufactures wooden tables.Annual demand for their product is 100,000 units.The annual cost of...
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(1 Mark) Pops Corp manufactures wooden tables.Annual demand for their product is 100,000 units.The annual cost of carrying one unit in inventory is $2.No finished inventory was on hand at the beginning of the year and there is no safety stock maintained.Pops Corp plans on an equal 50 production runs (with the first production run starting immediately).Assume sales occur uniformly throughout the year and production is instantaneous.What are the carrying costs for the wooden tables?
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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