Calculate the annual ordering cost for component 427. A company has recorded the following details for Component 427 which is sold in boxes of 10 components Ordering cost Purchase price Holding costs Monthly demand 1 500 components Component 427 is currently ordered in batches of 240 boxes at a time. The average inventory held is 120 boxes. OA. R180. OB. R320. R32 per order placed R20 per box of 10 components 10% of purchase price O C. R240. OD. R120.

Calculate the annual ordering cost for component 427. A company has recorded the following details for Component 427 which is sold in boxes of 10 components Ordering cost Purchase price Holding costs Monthly demand 1 500 components Component 427 is currently ordered in batches of 240 boxes at a time. The average inventory held is 120 boxes. OA. R180. OB. R320. R32 per order placed R20 per box of 10 components 10% of purchase price O C. R240. OD. R120.

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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