Additional Algo 12-6 Quantity Discounts A store estimates their holding costs at 34% and incurs a fixed cost of $62.00 for each order. Demand for an item is 1,975 units per year. A supplier offers a price of $14.00 each for quantities of 375 or fewer and a price of $13.16 for quantities over 375 units. Round your answer to the nearest integer value. How many units should the retailer order at one time? units What is the total annual cost at this order point?

Additional Algo 12-6 Quantity Discounts A store estimates their holding costs at 34% and incurs a fixed cost of $62.00 for each order. Demand for an item is 1,975 units per year. A supplier offers a price of $14.00 each for quantities of 375 or fewer and a price of $13.16 for quantities over 375 units. Round your answer to the nearest integer value. How many units should the retailer order at one time? units What is the total annual cost at this order point?

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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