Wells Xavier Limited uses the EOQ formula to determine the optimal size of inventory orders. The companys
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Question:
Annual demand for SP36 =10 000 units
Holding cost per unit of SP36 = $12.70
Cost per order = $23.50
What is the economic order quantity?
Related Book For
Managerial Accounting
ISBN: 978-0077826482
3rd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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