In a manufacturing unit, material is used as follows:Maximum consumption - 12,000 unitsMinimum consumption - 4,000 unitsNormal consumption - 8,000 unitsRe-order quantity - 48,000 unitsTime required for delivery :Minimum: 4 weeks Maximum : 6 weeksCalculate : (a) Re-order level;perweek.perweek.per week.(b) Minimum level;(c) Maximum level;

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Description: In a manufacturing unit, material is used as follows:Maximum consumption - 12,000 unitsMinimum consumption - 4,000 unitsNormal consumption - 8,000 unitsRe-order quantity - 48,000 unitsTime required for delivery :Minimum: 4 weeks Maximum : 6 weeksCal

Re-order level: It is the point at which company should order new inventory. Minimum level: It is…

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Accounting

In a manufacturing unit, material is used as follows: Maximum consumption 12,000 units per Minimum consumption 4,000 units per week. Normal consumption - 8,000 units per week. Re-order quantity 48,000 units Time required for delivery : Minimum: 4 weeks Maximum : 6 weeks Calculate : (a) Re-order level; week. (b) Minimum level; (c) Maximum level;

In a manufacturing unit, material is used as follows: Maximum consumption 12,000 units per Minimum consumption 4,000 units per week. Normal consumption - 8,000 units per week. Re-order quantity 48,000 units Time required for delivery : Minimum: 4 weeks Maximum : 6 weeks Calculate : (a) Re-order level; week. (b) Minimum level; (c) Maximum level;

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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