(a) Calculate Economic Order Quantity from the following information: Annual Consumption Ordering Cost Carrying Cost Per Unit Cost 1,00,000 units $. 50 per order 8% of Average Stock $. 20 (b) Find out the cost of raw materials purchased from the data 2$ given below: 2,00,000 20,000 1,00,000 10,000 Prime cost Closing stock of raw material Direct labour cost Expenses on purchases

(a) Calculate Economic Order Quantity from the following information: Annual Consumption Ordering Cost Carrying Cost Per Unit Cost 1,00,000 units $. 50 per order 8% of Average Stock $. 20 (b) Find out the cost of raw materials purchased from the data 2$ given below: 2,00,000 20,000 1,00,000 10,000 Prime cost Closing stock of raw material Direct labour cost Expenses on purchases

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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