Use the following information from KMK Brewery Inc Annual Demand 3,600 beer cases Case value $60 each Inv Carrying Cost 20 Ordering Cost $1000 360 days per year Determine the holding ordering cost when placing 500 cases per order Determine the holding ordering cost when placing 1000 cases per order...

Answer 1 No of cases per order 500 cases Annual Ordering cost cost per order Annual demand T ...

Use the following information from KMK Brewery Inc. Annual Demand: 3,600 beer cases Case value: $60 each

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Use the following information from KMK Brewery Inc.

Annual Demand: 3,600 beer cases
Case value: $60 each
Inv Carrying Cost: 20%
Ordering Cost: $1000
360 days per year

Determine the holding/ ordering cost when placing 500 cases per order.
Determine the holding/ ordering cost when placing 1000 cases per order.
Draw the inventory flow diagram of the two situations.
Determine the Economic Order Quantity.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Posted Date: May 13, 2022 08:00 PM

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Use the following information from KMK Brewery Inc. Annual Demand: 3,600 beer cases Case value: $60 each

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Answer 1 No of cases per order 500 cases Annual Ordering cost cost per order Annual demand T... View the full answer

Fundamental Accounting Principles

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