Compute for EOQ for Company with Annual Usage of 32,000 units in 360 working days, Ordering cost of P1,200 every order and carrying cost of P1.50 per unit. How much is the Annual Carrying Cost? How much is the Annual Ordering Cost? How much is the Total Inventory Cost?

Q: Assume a firm's inventory level of $11,000 represents 32 days' sales. Required: a. What is the…

A: The inventory turnover ratio indicates how many times the inventory was sold. It also indicates the…

Q: Assume a firm's inventory level of $11,500 represents 33 days of sales.  What is the annual cost of…

A: Inventory days is the days which represents Average Inventory taken time to convert it into Sales.…

Q: The following were the information provided by UNIKELO retail: Purchases and Beginning Inventory •…

A: (1) The cost per unit that is derived by dividing the Total cost of the Inventory on hand with the…

Q: A company has an average inventory on hand of P100,000 and the days in inventory are 73 days. What…

A: Days in inventory=Average inventoryCost of goods sold×365 days

Q: The purchase price of an item of inventory is $25 per unit. In each three month period the usage of…

A: We have the following information: Purchase price of an item of Inventory: $25 per unit In each…

Q: For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200…

A: Economic Order Quantity refers to the number of units the company should add to the inventory and…

Q: a. EFG reports annual sales of $ 30 million. Annual costs of goods sold is $ 15 million. Inventory…

A: Inventory refers to the goods or items which are stored by the business either for selling or for…

Q: The following information relates to a company . The fixed cost per order is ksh 1,500 The…

A: SOLUTION-   ECONOMIC ORDER QUANTITY = 2*A*O / C   A= ANNUAL DEMAND O= ORDERING COST C= CARRYING COST…

Q: A company’s ordering cost is sh 25 and the holding cost is 10% of average inventory. Given that the…

A: Given: Ordering Cost = sh 25 Total Cost = shs.750 Holding Cost = 10% of average inventory Total Cost…

Q: Consider the following data: Sales -- P 100,000; Gross Profit rate based on sales -- 30%; Goods…

A: Ending Finished goods =  Goods Available for Sale - Cost of goods sold where, Cost of goods sold =…

Q: Calculate the economic order quantity given the following data. Annual demand (D) 5,000 units…

A: Economic order quantity is the optimum inventory level that should be ordered in order to reduce…

Q: The annual inventory requirement at the C &E Enterprises is P2,500 units. Each inventory item has a…

A: The annual inventory requirement at the C &E Enterprises is P2,500 units. Each inventory item…

Q: Cost 500,000.00 1,285,000.00

A: The average cost method is given as,

Q: If a firms inventory level of $10,000 represents 30 days sales, what is the annual cost od goods…

A: The computation of annual cost of goods sold: Hence, annual cost of goods sold is $121666.67

Q: Given: Peter Piper has projected sales of 72,000 pipes this year, ordering cost of P6 per order,…

A: Economic Order Quantity refers to optimal level of inventory being purchased by an entity while…

Q: BM Enterprise reported business transactions for a certain month in 2020: Unit Price, P55.75;…

A: The question is related to Breakeven Point. It is that level of sales at which there is no profit or…

Q: Compute economic order quantity if annual demand is 5000 units , ordering cost is Rs.30 per order…

A: Economic Order Quantity(EOQ) is amongst the techniques which are used for inventory management. It…

Q: Assume that D = 5,000, k = $ 186, c = $ 15, and five setups (orders) are required per year. What is…

A: Economic order quantity is method of calculating ideal lot to order for inventory at a time to…

Q: Given the following percentage costs of carrying inventory, calculate the annual carrying cost if…

A: annual carrying cost =average inventory×percentage cost

Q: Calculate and interpret the Economic Order Quantity (EOQ). b. At what inventory level should Hamid…

A: Given information is: Hamid Company consumes inventory of 100,000 units of components per year. The…

Q: A company wishes to establish an EOQ for an item for which the annual demandis $800,000, the…

A: we wili only answer the first three subparts. For the remaining subparts kindly resubmit the…

Q: The order cost per order of an inventory is OMR. 60 with an annual carrying cost of OMR. 4 per unit.…

A: The quantity of order to be made is determined by calculating the EOQ, where the costs borne will be…

Q: Diagnostic Supplies has expected sales of 98,000 units per year, carrying costs of $5 per unit, and…

A: Economic Ordering Quantity (EOQ): It is an ideal order quantity that should be purchased by the firm…