FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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PLEASE MAKE IT IN EXCEL AND SHOW THE FORMULAS
Comercial El Suspiro, S.A., purchases 2'100,000 units per year of a component. The cost of each order is $25.00. The annual unit maintenance cost is 27% of its cost of $2.00. On a 360-day basis, calculate the reorder point, knowing that it takes 10.5 days for the supplier to put in the LAB company the goods, and the company sorts and stores them in 1.5 days, calculate the reorder point.
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