FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:One of the bestselling items your firm offers sells for $19.99 a unit. The variable cost
per unit is $11.59 and the carrying cost per unit is $.58. You sell 10,415 of these
units each year. The fixed cost to order this item is $65. What is the economic order
quantity?
O 1,080 units
1,773 units
1,946 units
1,528 units
1,314 units
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