Question: QUESTION 6 A. Calculate {EOQ} using following information for APEX Inc. i. Annual den1and 90,000 units ii. Cost of placing order 35 30 iii. Cost

QUESTION 6 A. Calculate {EOQ} using following information for APEX Inc.

QUESTION 6 A. Calculate {EOQ} using following information for APEX Inc. i. Annual den1and 90,000 units ii. Cost of placing order 35 30 iii. Cost of carrying 1 unit in inventory $9 B. Calculate average inventory when safety stock is 2,000 units. C. \"In the process of maintaining inventory records and physical count of goods on hand, error may occur.\" Explain. (20 marks}

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

QUESTION 6 A. Calculate (EOQ) using following information for APEX Inc. i. Annual demand 90,000 units ii. Cost of placing order $ 30 iii. Cost of carrying 1 unit in inventory $9 B. Calculate average...

A. Calculate (EOQ) using following information for APEX Inc. i. Annual demand 90,000 units ii. Cost of placing order $ 30 iii. Cost of carrying 1 unit in inventory $9 B. Calculate average inventory...

Provide answer with 100% accuracy. Thanks! Provision for Doubtful Debt on first April, 2019 was 21,534. During the year 2019 - 20 the Bad-commitment and Recovery of Bad-commitment were 10,546 and...

please answerjust on the page that added to it a table Oeste March 1, 2, the office continued Allreates a Dramale nature kogem with the of 532.00 During and 1- O Mundo de See the Southwest Tranche...

Show statement showing the pricing of issues, on the basis of (a) Simple Average and (b) Weighted Average methods from the following information pertaining to Material-D 2016 March 1 Purchased 100...

geographical specialization enables positioning of inventory across multiple manufacturing and distribution : true false OPUT-1175-0 - Ware X C i learn bot.ca/d21/\\ms/quizzing/user/attempt/quiz...

I have a attached a copy of the data used to answer the question Prepare a 2007 classified balance sheet and multistep income statement. Use the account balances from the unadjusted trial balance and...

You are given two discrete random variables X, Y that assume the possible values 0, 1 according to the following joint distribution: (a) What are the marginal distributions of X and Y? (b) Are X and...

Belinger and Betts LLP is a merchandising company based in Los Angeles, California that prepared the following: September October November December Budgeted Sales $120,000 $175.000 $210,000 $145.000...

In problem 15.36, how many degrees of freedom are there in the one-sample 2 test?

If a management team wishes to boost the company's stock price, then it should consider Copyright by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited...

5. Starting with a motive you may have for acting the way you do in a particular situation: a) What purpose did you seek to achieve? b) Which aspects of your past and your surroundings influenced...

3. (Constructing a metaphor about something can be done by comparing it to something else by using the word is. For instance, Communication is a bridge between people.

1. The first party (the sender) may dispute the validity of the interpretation, or 2. He/she can accept the interpretation.