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Please Help Me Out With This Question by morley411(m): 10:49pm On Dec 27, 2017 |
I am undergoing an online course, and i am finding the accounting aspect difficult. Please i need help on this accounting question: Assuming in your business, the cost per order for your product is N4,000 and its carrying cost is N400 Naira per unit per anum. Your business has a demand for 20,000 units per year. Calculate the; 1.Order size 2.Total orders required during a year 3.Total carrying cost 4. Total ordering cost for the year Please help me out ooh. The question isn't what google can answer. I was first blind when i finished reading the question�. Heeeeeeeeeeelp! 1 Like |
Re: Please Help Me Out With This Question by GabrielAganyi(m): 11:16pm On Dec 27, 2017 |
morley411: I have forgotten the formula.... Just get a production planning and control textbook and all will be solved |
Re: Please Help Me Out With This Question by Standardcosting(m): 2:26am On Dec 28, 2017 |
morley411:The formula is √2DCo/Cc Order size √(2*20000*4000)/400 =632 approximately Total order 20000/632=31.64 Total carrying cost 400*20000=8,000,000 Total ordering cost 4000* no of order you get in question 2 =4000*31.64=126560 |
Re: Please Help Me Out With This Question by morley411(m): 6:57am On Dec 28, 2017 |
Standardcosting: Thank you so much. Is question two answer suppose to be 200/4000 or 20000/4000? |
Re: Please Help Me Out With This Question by Standardcosting(m): 11:03am On Dec 28, 2017 |
morley411:I have corrected the mistake, seems the sleep made me write the wrong answer |
Re: Please Help Me Out With This Question by morley411(m): 6:35pm On Dec 28, 2017 |
Standardcosting: Thank you. God bless you |
Re: Please Help Me Out With This Question by Standardcosting(m): 9:16pm On Dec 28, 2017 |
morley411:Amen |
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