The following are annual cost of Peter Corp. relating to Material A which required 40,000 units per year: Unit Cost Insurance cost Storage cost Freight in Order cost P20 32 36 10 Interest that could have been earned on alternative investment of funds P320,000 What is the annual carrying cost per unit?
The following are annual cost of Peter Corp. relating to Material A which required 40,000 units per year: Unit Cost Insurance cost Storage cost Freight in Order cost P20 32 36 10 Interest that could have been earned on alternative investment of funds P320,000 What is the annual carrying cost per unit?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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24. The following are annual cost of Peter Corp. relating
to Material A which required 40,000 units per year:
Unit Cost
Insurance cost
Storage cost
Freight in
Order cost
P20
32
36
10
Interest that could have been earned on alternative
investment of funds P320,000
What is the annual carrying cost per unit?
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