8-The total purchase related cost is RO 40,000. The number of purchase orders placed is 64. The Activity cost driver rate is: a. RO 550 per order b. RO 650 per order c. RO 525 per order d. RO 625 per order
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- 8- Calculate EOQ from the following details: Consumption per month is 2,000 units, ordering cost is RO 10 per order, purchase price is RO 100 per unit and annual carrying cost is 10%. a. 310 units b. 283 units c. 245 units d. 219 units7. The Delivery costs are OMR 55,000 for Silver Keys Company, they have 500 purchase orders and made 800 deliveries in total. How much will the cost be per delivery for them? a. OMR 78.8 b. OMR 68.75 c. OMR 110 d. Insufficient dataThe following data relates to component L512: Ordering costs $100 per order Inventory holding costs $8 per unit per annum Annual demand 1,225 units What is the economic order quantity (to the nearest whole unit)?
- INFORMATIONMonthly sales of West Ham Limited is 4 400 units at R150 a unit. The purchase price is R90 per unit. The carrying cost amounts to 10% of the purchase price and the ordering cost is R62 per order.INFORMATIONMonthly sales of West Ham Limited is 4 400 units at R150 a unit. The purchase price is R90 per unit. The carrying cost amounts to 10% of the purchase price and the ordering cost is R62 per order. 1.1 Calculate the Economic order quantity (EOQ) 1.2 Calculate the Number of orders that need to be placed for the yearCalculate Economic Order Quantity (EOQ), number of orders, annual ordering costs, annual carrying costs and total inventory costs from the following:Annual consumption: 6000 units ; Cost of placing one Order: RO 60Carrying cost per unit: RO 2 cost per unit: RO 10The following data relates to component L512: Ordering costs $100 per order Inventory holding costs $8 per unit per annum Annual demand 1,225 units What is the economic order quantity (to the nearest whole unit)? A 175 units B 62 units C 44 units D 124 units
- 1. Calculate Economic Order Quantity (EOQ), number of orders, annual ordering costs, annual carrying costs and total inventory costs from the following:Annual consumption: 6000 unitsCost of placing one Order: RO 60Carrying cost per unit: RO 22. Find out the EOQ, Annual ordering cost and annual holding cost from the following information. The demand is 19500 units per year, holding cost is RO 4 per unit for a year and ordering cost is RO 25 order. 3. Find out the ordering cost from the following information, Annual demand is 240 units, holding cost RO 4 per unit for a year and EOQ is 60 units.4. If the price of the material is RO 15 per unit and the annual consumption is 4000 units, the interest and store keeping charges are 20% of the value and the cost of placing of an order and receiving the goods is RO 60, how much material should be ordered at one time? 5. Alexander pump LLC uses about 75000 valves per year and the usage is fairly constant at 6250 unitsper month. The valve cost of…A company orders 6,225 units per order. Each unit costs £8 to purchase and the cost of holding one unit for one year is 5% of the purchase price. The cost of placing each order is £240 and annual demand is 30,000 units. The economic order quantity (EOQ) is? a) 6,000 units b) 4,360 units c) 5,450 units d) 8,486 unitsDraw and explain EOQ chart with the following data: Requirements per year = 1600 units, Ordering cost = Rs. 100/- per order, Carrying cost = Rs. 5/- per unit, Purchase cost = Rs. 80/- per cost. Assume the missing data.
- From 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%A merchandising company sells a particular product that is estimated to have approximately 1,500 sales this year. The purchasing department estimates that it will cost approximately $200 to place an order for this product: $180 fixed and $20 variable. The total annual carrying cost for this product is $1,500. What is the product’s EOQ? A. 775 B. 19 C. 735 D. 20Annual Usage is 10,600 units, ordering cost per order is P15.90. Carrying cost is 10% of unit cost of P3.00 Required: No. Of units per order (EOQ) Optimum no. Of orders Total relevant costs based on 12, 10 and 8 orders
