Chapter 16, Problem 14BE

A speaker manufacturer, Golding Audio, uses approximately 36,000 tweeter units annually. These components are consumed at a steady rate during the 240 workdays per year that the facility operates. The annual holding cost per unit is $0.60, and the ordering cost is $45 per order. What is the number of workdays in an order cycle?

How can I solve this financial accounting problem using the appropriate financial process?

Canoe company's manufacturing accounting system uses direct labor costs to apply overhead to goods in process and finished goods inventories.