Given an EOQ model with shortages in which annual demand is 4200 units, Co = $160, Cc = $7 per unit per year, and Cs = $25, what is the annual carrying cost?
A) 1059.03
B) 1355.55
C) 296.51
D) 495.74
Answer: A
Business
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Using a perpetual inventory system, the entry to record the return of merchandise purchased on account includes a
A) debit to Cost of Merchandise Sold B) credit to Accounts Payable C) credit to Merchandise Inventory D) credit to Sales
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A) raw materials B) sales commissions C) utilities D) property taxes
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Which direction of communication can leave higher-level management ignorant of what is really going on in the organization?
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