• A company books of reveal the following information 

a) Staff salaries of purchase department 250,000

b) Expenses incurred in ware houses and personal salaries 275,000

c) Cost of security for ware houses 80,000

d) Traveling and purchase follow up expenses 80,000

e) Taxes and miscellaneous 1% per annum

f) Interest rate on inventory value 20% per annum

g) Cost of bills payments 30,000

h) Cost of material handling 150,000

I) Pilfarage 20,000 cost of invest inspection 48,000 the company has an average inventory of 60.00,000 and placed an orders in the year of revenue calucuate cost per order and inventory carrying cost as percentage based in the above items if the annual demand of an item is 12,000 number and it's price is ₹60 per unit 

what would be the EOQ it's a New vendor offering a discount of 5% on purchase 1000 numbers shall we accept the discount offer. cost of raw material handling 150000 

Answer rating: 100% (QA)

ANS WER Cost per order 250 000 275 000 80 000 80 000 1 20 30 000 150 000 20 000 48 000 12 000 28 58 ... View the full answer