What are the total carrying costs

Reference no: EM131931298

Question: ABC Company sells 3,531 chairs a year at an average price per chair of $157. The carrying cost per unit is $30.42. The company orders 591 chairs at a time and has a fixed order cost of $120.6 per order. The chairs are sold out before they are restocked. What are the total carrying costs? Enter your answer rounded off to two decimal points.

Reference no: EM131931298

Questions Cloud

What is risk-adjusted rate of return : The Abacus Computer Computer has decided to use the Capital Asset Pricing Model (CAPM) to estimate its risk-adjusted rate of return (k) in order to determine.

Growing group of advanced practice nurses : What do nurse practitioners do that is difference to population health? Why are there not more nurse practitioners?

The rate on euro-denominated t-bills : Suppose the (riskless) rate on Euro-denominated T-bills is lower than the U.S. Treasury bill rate

Briefly describe the qualities of good writing : Briefly describe the qualities of good writing.

What are the total carrying costs : ABC Company sells 3,531 chairs a year at an average price per chair of $157. The carrying cost per unit is $30.42.

Find the total cash flow you will have three years : Find the total cash flow you will have 3 years from now if interest rates decrease to 19% just after you buy the bond,

What is the cost of it is preferred : ABC bank has an issue of preferred stocks with a $1.5 annual dividend per share. It's quoted at $30 per share. ABC wants to sell more preferred to raise capital

Does the current process appear to be in control : What percentage of output would be expected to be out of tolerance if the process were centered?

Discuss the economic order quality model : ABC Company sells 3, 622 chairs a year at an average price per chair of $179. The carrying cost per unit is $59.14. The company orders 596 chairs at a time.

User Account

All Pages