Grace Corp has an expected annual usage of 7,800,000 units of materials. The standard order size is 65,000 units. The supplier cost each unit at P150., and to place one order is P90. What is the estimated annual order cost ?
Grace Corp has an expected annual usage of 7,800,000 units of materials. The standard order size is 65,000 units. The supplier cost each unit at P150., and to place one order is P90. What is the estimated annual order cost ?
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 8EA: Suppose that a company has fixed costs of $18 per unit and variable costs $9 per unit when 15,000...
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14. Grace Corp has an expected annual usage of
7,800,000 units of materials. The standard order size is
65,000 units. The supplier cost each unit at P150., and to
place one order is P90.
What is the estimated annual order cost ?
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