Question: Please show the complete solution. Thank youu. The following data were taken from the books of ABC Company: Annual usage of materials 600,000 units Cost

Please show the complete solution. Thank youu.

The following data were taken from the books of ABC Company: Annual usage of materials 600,000 units Cost of materials per unit P 2,000 Cost of placing one order P 6,000 Annual carrying cost per unit 10% of inventory value Required: Compute the economic order quantity using the (a) formula and (b) using the tabular form by providing your own six (6) assumptions

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