Answer:
Total cost =$339,704.55
Explanation:
Annual inventory demand = quarterly demand × 4
= 16,761 ×4 = 67044
Purchase cost
= cost per unit × annual demand
= 67044 × $5 = $335,220.00
Annual set-up cost
= set up cost r × no of set-up
=( 67044/ 3,58) × $120= 2242.274247
Annual holding cost
= Holding cost × average inventory
(3,588/2 )× $5 = $2242.5
Total annual inventory cost
= 2242.27+ $2242.5 + 335,220
= $339,704.55
Yes, the EOQ is correct because the annual set-up cost = Annual holding cost
D. Mutual funds
I just did the quiz
Networking is the process where people is trying to help business and others with similar goals by trading information including contacts and referrals.
Business networking is one way of expanding business and trying to find more members to join their business.
Answer:
Explanation
Month.
1. 2. 3
Infows
Bal b/f. (60,060)(42,120)
Sales 50,440. 78000
Sales 50,440. 78,000
Sales. 50440
Outflows
Purchases 91000 91,000. 91,000
Wages. 19500. 19500. 19500
Bal c/d. (60,060 )(42,120)(24180)