One of the bestselling items your firm offers sells for $19.99 a unit. The variable costper unit is $11.59 and the carrying cost per unit is $.58. You sell 10,415 of theseunits each year. The fixed cost to order this item is $65. What is the economic orderquantity?O 1,080 units1,773 units1,946 units1,528 units1,314 units

To find the order quantity that strikes a balance between keeping enough inventory to meet demand…

Answered: of the bestselling items your f per…

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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Part 2. Bhiner Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units). Sales $25,000 Variable expenses 10.000 ontribution margin 15,000 +Fixed expenses 8.000 Net operating income $ 7.000 Required: (Answer each question independently and always refer to the original data unless instructed otherwise.) (Show all work/calculations. No credit will be given without
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of the bestselling items your f per unit is $11.59 and the carrying units each year. The fixed cost to c quantity?