Question: answer the ques asap. 5 points Suppose that you are reviewing the inventory policies on an $80 item stocked at a hardware store. The current


answer the ques asap.
5 points Suppose that you are reviewing the inventory policies on an $80 item stocked at a hardware store. The current policy is to replenish inventory by ordering in lots of 360 units. Additional information is: D = 60 units per week, or 3,120 units per year S - $30 per order H = 25% of selling price, or $20 per unit per year What is the EOQ? Show your work Your answer Your company produces two products. The monthly production is 20,000 7 points units for X and 50,000 of Y. Product X is produced in batches of 1,000 units each time, product Y is produced in batch of 5,000 cach time. The total setup cost is 30,000 each month, and your company uses Activity Based Costing with the number of production runs as the cost driver. What is the set-up cost for each unit of product X $0.02 per unit $0.10 per unit O $1.00 per unit O $0.05 per unitStep by Step Solution
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