Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 16.24 your answer is partially correct. t

Exercise 16.24 Your answer is partially correct. Try again Marin Co has the following quantity...

50.1K

Verified Solution

Question

Accounting

image
Exercise 16.24 Your answer is partially correct. Try again Marin Co has the following quantity discount policy with its supplier Quantity Price per un 1 499 units $15.00 500-999 units $14.25 1.000-1,999 units 2,000 units - 51.35 The economic order quantity is 750 units and the annual usage is 21.375 units. The ordering cost) is $25 per order and the carrying cost of inventory (0) $1.90 per unit. Determine the most cost effective order quantity (Round answers to 2 decimal places, eg. 125.74.) The most cost effective order quantity is! 2000 Total Cost 287523 TO THE Question Attempts: 1 of 3 used DAVEFLATE SUBMIT

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

Finance
1.2K views

what does it mean for financial market to be considered (a) informationally efficient and (b) economically...

Biology
1.2K views

26 This inner layer of the heart wall marked is the image is myocardium epicardium...

Biology
1.2K views

Sabrina is about to take a pill that was legally prescribed when her friend tells...

Physics
1.2K views

In the circuit shown switch S is initially open and switch S is initially closed...

Basic Math
1.2K views

The amount of food needed for proper nutrition in cups C for a puppy weighing...

Accounting
1.2K views

The following is a partial trial balance for the Green Star Corporation as of December...

Accounting
1.2K views

A company incurred costs of $20.9 million for the rights to extract resources from a...

Accounting
1.2K views

Oneida Company's operations began in August. August sales were $160,000 and purchases were $105,000. The...

Accounting
1.2K views

Potomac LLC purchased an automobile for $30,000 on August 5, 2016. What is Potomac's depreciation...

Accounting
1.2K views

Presented below is information related to Bramble Company. Compute the ending inventory for Bramble Company...

Accounting
1.2K views

The following are the 20X2 transactions of the Midwest Heart Association, which has the following...

Accounting
1.2K views

Create a test to assess appropriate assertions for designated high-risk business transactions.