Find the costs of ordering and carrying inventory

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Inventory management. Here are facts about inventory costs for Hidden Peepers, a company that sells ‘‘fashion'' sunglasses in malls and airports:

Differential Costs per Order                                                 $50
Total Units Purchased per Year                                            80,000 Units
Differential Carrying Costs per Unit of Inventory                    $4 per Unit

Prepare a table like Exhibit 7.14. Find the costs of ordering and carrying inventory for each of the following number of orders per year: 40 orders, 50 orders, 60 orders.

Text Book: Managerial Accounting: An Introduction to Concepts, Methods and Uses By Michael Maher, Clyde Stickney, And Roman Weil.

Reference no: EM13903205

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