Answer:
EOQ = 359 units
Number of order placed = 7.2 times
Explanation:
<em>The Economic Order Quantity (EOG) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the ordering cost.</em>
<em>It is computed using he formulae below</em>
EOQ = √ (2× Co× D)/Ch
C0- 500, Ch- 20, D- 2,580
EOQ= √ (2× 500× 2580)/20
=359.16
EOQ = 359 units
Number of order place d per year = Annual demand / order size
Number of order placed = 2,580/ 359
= 7.2 times
The answer to your question is D. Hope I helped!
Answer:
Closing Inventory would be standing at $10000
Explanation:
The cost that forms part of the cost of inventory are all those production costs that are necessary to convert it into finished goods which in this case is:
Production cost = All direct costs are production costs
And
All Direct Cost = $7000 Direct Mat + $9500 Production Workers Wages + $8500 Direct Utilities bills = $25000
And the production cost incurred was for 5000 units which means the unit production cost was $5 ($25000 / 5000 units).
So closing inventory value would be = 2000 closing inventory units * $5
= $10000
Answer:
<h3>true or if i wrong fulse so </h3>
