Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. abc ltd uses 6250 kg of raw material per year. it

ABC ltd uses 6250 kg of raw material per year. It costs RM10 to hold...

90.2K

Verified Solution

Question

Accounting

ABC ltd uses 6250 kg of raw material per year. It costs RM10 to hold 1 kg for

One year, and the costs of ordering each consignment of raw materials are

RM200.

Calculate the following:

a) The reorder quantity/ EOQ/ ROQ
b) Ordering Cost
c) Holding Cost
d) Total cost of stock

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

For the following exercises, use the graphs to write an equation for the function.

Advance Math
1.2K views

2. Drinking Warm Beer We put 10 bottles of Molson Export and 3 bottles of Labatt...

Physics
1.2K views

An electromagnetic wave is propagating in free space in the z direction If the electric...

Geometry
1.2K views

In the figure below what is the value of z 7 5 Z 4 Select...

Statistics
1.2K views

Suppose you have an experiment where you draw three cards with replacement from a standard...

Statistics
1.2K views

Here is a sample data set Frequency 240 4 293 299 2 336 3 369...

Statistics
1.2K views

The weights of 9 ounce bags of a particular brand of potato chips can be...

Accounting
1.2K views

Foam Products, Incorporated, makes foam seat cushions for the automotive and aerospace industries. The companys...

Accounting
1.2K views

Recent financial statements for Madison Company follow: ...

Accounting
1.2K views

Mie diett inateriats ost war? Mie diett inateriats ost war

Accounting
1.2K views

Draw the entry for the current tax expense if the tax loss for 2018 was...

Accounting
1.2K views

Safari Equipment Company has several divisions that are investment centers. Data for the Boat Division...