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What is the cost of refusing the discount

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Reference no: EM133106823

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Q1. A customer purchased goods on credit for the amount of 20,000, the credit terms is 3/15, n/45. What is the cost of refusing the discount? Round off answer to two decimal places (in percentage.

Q2. A company has a monthly demand of 5,000 pcs of shirts. Its cost per order is P250 and its carrying cost per unit is P5. Calculate the economic order quantity. Answer must be in units annually.

Q3. A company has a monthly demand of 5,000 pcs of shirts. Its cost per order is P250 and its carrying cost per unit is P5. Calculate the total carrying costs. Round off to nearest whole number.

Q4. A company has a monthly demand of 5,000 pcs of shirts. Its cost per order is P250 and its carrying cost per unit is P5. Calculate the total ordering costs. Round off to nearest whole number.

Q5. A company has a monthly demand of 5,000 pcs of shirts. Its cost per order is P250 and its carrying cost per unit is P5. Calculate the number of orders required in a year.

Reference no: EM133106823

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