Compute the total shortage costs

Assignment Help Finance Basics

Reference no: EM131931332

Question: ABC Company sells 2, 052 chairs a year at an average price per chair of $154. The carrying cost per unit is $18.79. The company orders 259 chairs at a time and has a fixed order cost of $58.9 per order. The chairs are sold out before they are restocked. What are the total shortage costs? Enter your answer off to two decimal points. Do not enter comma or S in the answer box. For example, if your answer is 12.345 then enter as 12.35 the answer box.

Reference no: EM131931332

Questions Cloud

Which of the following is not a type of business entity : The covenant of quiet enjoyment requires a landlord to leave the tenant undisturbed in the tenants enjoyment of the property.

Implement a class in java named separatechaininghashmap : Implement a class in Java named SeparateChainingHashMap containing the following methods. We will use separate chaining to handle collisions.

Statistical information as evidence to support our claim : What are some things we need to consider before including statistical information as evidence to support our claim?

Create a database and import the four text files : CIS1000 Database Management System (DBMS) & Decision Support System (DSS) Assignment. Create a Database and import the four (4) Text files into four (4) Tables

Compute the total shortage costs : ABC Company sells 2, 052 chairs a year at an average price per chair of $154. The carrying cost per unit is $18.79. The company orders 259 chairs at a time.

Turn of the screw and the movie the innocents : What are the major differences between the book The turn of the screw and the movie the innocents?

Unlikely to be problem for mutual fund managers : Which of the following is unlikely to be a problem for mutual fund managers?

Ideas of geography and roads play in novel : In Never Let Me Go by Kazuo Ishiguro, Kathy refers to geography lessons at Hailsham and, later in her life, driving around England.

What is the economic order quantity : ABC Company sells 4,915 chairs a year at an average price per chair of $165. The carrying cost per unit is $25.96.

User Account

All Pages