The number of orders that will be submitted each year for raw material is given by which formula?
a. Economic order quantity ? order point
b. Total annual material needs/economic order quantity
c. Order point/economic order quantity
d. Total annual material needs/safety stock
B
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
Because Cie de Saint-Gobain of France is Europe's leading distributor of building materials in the high-growth building industry, it is an example of a cash cow
Indicate whether the statement is true or false
The inventory of a product has decreased during the month by 12,000 units. Per unit costs are as follows: Variable Fixed Per unit manufacturing costs for the period $10.00 $2.00 Per unit operating expenses of the period $5.00 $1.00 What is the effect on income from operations if absorption costing is used rather than variable costing?
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