Question: I will rate you, thanks a Bishop Manufacturing is implementing an economic order quality (E0Q) inventory-control system and needs a good estimate of the cost

I will rate you, thanks a Bishop Manufacturing is I will rate you, thanks

a Bishop Manufacturing is implementing an economic order quality (E0Q) inventory-control system and needs a good estimate of the cost to process a purchase order (PO). It takes six total labor hours to process a PO. The average number of stock keeping units (SKU) on a PO is 3.2. The average wage for people working in the purchasing department is $35 per hour plus employee benefits of $5 per hour. Fixed-costs for the purchasing department are $260,000 per year assuming a 1,600 hour per employee per year work week. What is a good estimate of the cost to order one SKU? Round your answer to the neareast cent. $ per SKU

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