age                                              25,200 units  Working days per year                               360 days  Normal lead time in working days            30 days  Safety stock                                                 1,050 units  The maximum lead time in working days and the reorder point for Material X are  Maximum Lead Time                  Reorder Point a. 30 days

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.