Ahmad's company sells 80000 unit of electric fans per year in a price of 150$ per unit
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Question:
Ahmad's company sells 80000 unit of electric fans per year in a price of 150$ per unit and cost of 100 $ per unit. Each unit cost the company 35% as a carrying costs. The firm excuting 8 orders per year with cost per order 1300$.
Find the following values :
1- Total inventory costs : ?
2- Economic order quantity EOQ : ?
3- Total inventory costs after applying the EOQ : ?
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078025655
7th edition
Authors: Thomas Edmonds, Christopher Edmonds, Bor Yi Tsay, Philip Old
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