The optimal ordering quantity for a company is 350. If the carrying cost per item is $2.50 and the cost per order is $18, what is the number of total sales expected for the year?
A) 7,516
B) 5,314
C) 10,305
D) 8,507
E) 6,924
D
Business
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The longest economic expansion in U.S. history occurred from
A. 1929 to 1939. B. 1956 to 1966. C. 1970 to 1980. D. 1991 to 2001.
Business
Prepare a vertical analysis for the balance sheet data given below. (Round to two decimal places.)
Business
Mineral deposits are subject to a process called amortization
Indicate whether the statement is true or false
Business
Which of the following is not a reason to classify costs as either product or period costs?
A) To determine unit manufacturing costs B) To determine if the costs are fixed or variable C) To analyze costs for control purposes D) To report production costs on the income statement
Business