User Account

All Pages

What is the economic order quantity for the inventory item

Assignment Help Accounting Basics
Reference no: EM132885763

Question - The purchase price of an inventory item is P25 per unit. In each three month period the usage of the item is 20,000 units. The annual holding costs associated with one unit equate to 6% of its purchase price. The cost of placing an order for the item is P20. What is the economic order quantity for the inventory item to the nearest whole unit?

Reference no: EM132885763

Questions Cloud

What do you understand by the term outsourcing training : What do you understand by the term Outsourcing Training? What are the reasons for outsourcing the training? Give some disadvantages of outsourcing training?
Reviewing minimizing liability of discrimination : This week in Human Resource Law we are reviewing Minimizing Liability of Discrimination and I need assistance with the below:
How must the proceeds be distributed : Assume the partnership sells the building on January 1 of year 7 and immediately liquidates. How must the proceeds be distributed
Review two of the monitoring tools : -Identify tools and techniques used to improve health care finance and discuss the role technology plays in successfully revenue cycle management.
What is the economic order quantity for the inventory item : The cost of placing an order for the item is P20. What is the economic order quantity for the inventory item to the nearest whole unit
What should be the reorder level for this item : To avoid risk of running out of inventory of component P, what should be the reorder level for this item
Define what it means to be real in human services : Define what it means to be real in human services. Give examples of verbal and nonverbal behavior that can convey honesty when working with a client. Then descr
Discuss the covid-19 outbreak at pine tree wood : In May 2020, Ed became concerned that COVID-19 posed a potential safety hazard in the company's wood processing facilities. Employees in that facility were requ
Discuss the formaldehyde scenario : In January 2020, thirteen employees informed Ed about an air quality issue. Ronnie, the company's chief maintenance officer, insisted in keeping open all of the

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd