EP CENGAGENOWV2 FOR HEINTZ/PARRY'S COLL
EP CENGAGENOWV2 FOR HEINTZ/PARRY'S COLL
23rd Edition
ISBN: 9780357421123
Author: HEINTZ
Publisher: Cengage Learning
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Chapter 22, Problem 4TF
To determine

Indicate whether the given statement is true or false.

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subject: general accounting
Z is a standard item stocked in a company WCU's inventory. Each year the firm, on a random basis, uses about 500 items Z, which costs $25 each. The source of supply is reliable and maintains a constant lead time of five days. Holding costs, which include insurance and cost of capital, amount to $6.25 per unit of average inventory. Every time an order is placed for more item Z, it costs $3. Assume that a year consists of 365 days. What is the economic order quantity? A. 3 B. 46 C. 63 D. 22 Answer
i want to this question answer accounting questions

Chapter 22 Solutions

EP CENGAGENOWV2 FOR HEINTZ/PARRY'S COLL

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