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Problem:

Scal Co.predicts that it will use 225,000 gallons of material during the year. the material is expected to cost $10 per gallon

Required:

Question 1: Determine the most economical order quatity by usins the eoq formula.

Question 2: Determine the cost of ordering and carrying at eoq point.

Note: Please provide full description.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91165975

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