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Kei-Fukuda Kei-Fukuda
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5 years ago
The Allianz Company produces a specialty wood furniture product, and has the following information available concerning its inventory items:

Relevant ordering costs per purchase order$470
Relevant carrying costs per year for each package:
Required annual return on investment18%
Required other costs per year$5

Annual demand is 33,000 packages per year. The purchase price per package is $49.
What is the economic order quantity?
A) 1875.37 units
B) 1059.38 units
C) 1498.19 units
D) 2490.78 units
Textbook 
Cost Accounting: A Managerial Emphasis

Cost Accounting: A Managerial Emphasis


Edition: 16th
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54321abs54321abs
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5 years ago
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Kei-Fukuda Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
dianeflunder
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Yesterday
Thanks
riptide
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2 hours ago
Good timing, thanks!
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