of the bestselling items your f per unit is $11.59 and the carrying units each year. The fixed cost to c quantity?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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One of the bestselling items your firm offers sells for $19.99 a unit. The variable cost
per unit is $11.59 and the carrying cost per unit is $.58. You sell 10,415 of these
units each year. The fixed cost to order this item is $65. What is the economic order
quantity?
O 1,080 units
1,773 units
1,946 units
1,528 units
1,314 units
Transcribed Image Text:One of the bestselling items your firm offers sells for $19.99 a unit. The variable cost per unit is $11.59 and the carrying cost per unit is $.58. You sell 10,415 of these units each year. The fixed cost to order this item is $65. What is the economic order quantity? O 1,080 units 1,773 units 1,946 units 1,528 units 1,314 units
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