Company B furnished you with the following information with respect to material OXO: Annual requirement 3.920 lbs. Cost of ordering P 5 per order Cost of storage 25% of the cost of material EOQ 140 lbs. What is the cost per pound of material XOX? P 8 P 5 P 4 P 2
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- Company B furnished you with the following information with respect to material OXO: Annual requirement 3.920 lbs. Cost of ordering P 5 per order Cost of storage 25% of the cost of material EOQ 140 lbs. What is the cost per pound of material XOX?
P 8
P 5
P 4
P 2
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- Following information relating to a type of raw material is available: Annual demand 2,400 units, Unit price OMR. 2.400, Ordering cost per order OMR.4.000, Storage cost 2% per annum, Interest rate 10% per annum. Calculate Economic Order Quantity. a. 258 units • b. None c. 852 units d. 528 unitsFrom the following particulars, calculate the Economic Order Quantity (EOQ): Annual requirements 1,600 units Cost of materials per units Rs. 40 Cost of placing and receiving one order: Rs. 50 Annual carrying cost for inventory value 10%Compute for the Economic order quantity, assuming the no of units of materials required annually 20,000 cost of placing the order P29.00, Annual Carrying cost of inventory P 5.4
- UrUCr quantny (EUQ). V C.S. 50 10% C in respect of which the following apply: Raw materials Minimum level Usage Order level Re-order Delivery period (weeks) Price per unit of product kg quantity per kg Re kg 1 to 3 3 to 5 2 to 4 8,000 4,750 10 10,000 0.10 4. 5.000 10.000 0.30 2,000 C. 0.15 the quantities of the following to be: (a) Minimum stock of A, (b) Maximum stock level of B, (c) Re-order level of C, and (d) Average stock level of A ? (B.Com., Madras; C.A. InterCompute for the Economic order quantity, assuming the no of units of materials required annually 120,000 cost of placing the order P 39.00, Annual Carrying cost of inventory P 2.4•The material DX is used uniformly throughout the year. The data about annual requirement, ordering cost and holding cost of this material is given below: • Annual requirement: 3,400 units • Ordering cost: OMR 15 per order • Holding cost: OMR 0.70 per unit •What will be the economic order quantity (EOQ) of material DX a. 3817.254 b. 318.72 c. 381.72 d. 3187.254 ....... Answer the Question based the data given below Opening Stock 25000 Closing Stock 35000 Net purchases 130000 Manufacturing expenses 30000 What will be the inventory turnover ratio? a. 6 b. 5 c. 4.5 d. 4
- 5. Expected annual Usage of materials is 2,000,000 units, and per order quantity is 10,000 units. The invoice cost of each unit is Rs.500, and the cost to place on purchase order is Rs.80. Total Cost: А. 8million В. 16million С. zero D. None of the above 6. Based on the information in (5), the estimated annual order cost is: А. Rs.16,000 В. Rs.100,000 Rs.32,000 С. D. Rs.50,000PROBLEM 4. The particulars relating to 1,200 kgs. of a certain raw material purchased by a company during June were as follows : (a) Lot prices quoted by supplier and accepted by the company for placing the purchase order : Lot upto 1,000 kgs. @ 22 per kg. Between 1,000-1,500 kgs. @$ 20 per kg. Between 1,500-2,000 kgs. @ $ 18 per kg. F.O.R. Supplier's Factory (b) Trade discount 20%. (c) Additional charge for containers @ $ 10 per drum of 25 kgs. (d) Credit allowed on return of containers @ $8 per drum. (e) Sales tax at 10% on raw material and 5% ön drums. () Total freight paid by the purchaser $ 240. (g) Insurance at 2.5% (on net invoice value) paid by the purchaser. (h) Stores overhead applied at 5% on total purchase cost of material. The entire quantity was received and issued to production. The containers are returned in due course. Draw up a suitable statement to show: (a) Total cost of material purchased ; and (b) Unit cost of material issued to production.2.3 REQUIRED Calculate the annual economic order quantity from the information provided below. INFORMATION The following details have been supplied by Yolo Limited for one of its products: Monthly sales 6 000 units Carrying costs as a percentage of the unit purchase price 10% Purchase price per unit R50 Cost of placing an order R20
- Case 2Al Ahlia detergent company purchased 4500 units of raw material for annual usage. Thepurchase price per unit RO 100 and annual carrying cost is 15%. The cost of placing an order isRO. 1200. Calculate a. Economic Order Quantityb. No of orders per yearc. Economic Order FrequencyDirect material costs $3 per unit, direct labor costs $5 per unit, and overhead is applied at the rate of 100% of the direct labor cost. What is the value of the Inventory transferred to the next department if beginning inventory was 2,000 units; 9,000 units were started; and 1.000 units were in ending inventory? A. $1,000 B. $13,000 C. $130.000 D. $20.000possible Standard material cost per kg of raw material is $8.75. Standard material allowed per unit is 6 Kg. Actual material used per unit is 6.25 Kg. Actual cost per kg is $8.00. What is the standard cost per output unit? O A. $48.00 B. $52.50 C. $50.00 D. $54.69 A: S Next