The annual demand for Samsung mobiles is 60,000. The cost to place an order is RO 200. The cost of purchase of mobile is RO 4.800 and the carrying cost is 20% of cost. Calculate the number of orders per year.
The annual demand for Samsung mobiles is 60,000. The cost to place an order is RO 200. The cost of purchase of mobile is RO 4.800 and the carrying cost is 20% of cost. Calculate the number of orders per year.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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1-The annual demand for Samsung mobiles is 60,000. The cost to place an order is RO 200. The cost of purchase of mobile is RO 4.800 and the carrying cost is 20% of cost. Calculate the number of orders per year.
2-E-Max sold 40 laptops during November and their purchases are given below. Calculate the cost of goods sold by E-Max using average cost method.
Purchases |
No of Laptops |
Cost/Unit |
November 10 |
13 |
80 |
November 18 |
25 |
100 |
November 27 |
30 |
120 |
a.
2940 RO
b.
4600 RO
c.
4200 RO
d.
3780 RO
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