User Account

All Pages

What is the annual inventory carrying cost

Assignment Help Cost Accounting
Reference no: EM132748150

Question - Using the EOQ Model, Tokyo Company computed the economic order quantity for one of the materials it uses in its production to be 4,000 units. The Company maintains safety stock of 300 units. The quarterly demand for the material is 10,000 units. The order cost is 200 per order. The purchase price of the material is P4. The annual Inventory carrying cost is equal to 25% of the purchase price.

Required -

1) What is the annual inventory carrying cost?

2) What the total inventory order cost per year?

Reference no: EM132748150

Questions Cloud

Public sector case study : In May 2013, Edward Snowden, a National Security Agency (NSA) contractor, met a journalist and leaked thousands of documents detailing
How much is the estimated liability as of December : A new product introduces by Wilkinson Promotions carries a two-year warranty against defects. How much is the estimated liability as of December 31, 2002
Develop risk management framework : If Blue Wood Chocolate and Kilgore Custom Milling are to develop a risk management framework, who should lead the process at each company?
What is the OCF for year : Buying a new machine press for $509,885 is estimated to result in $206,540 in annual pretax cost savings. What is the OCF for year
What is the annual inventory carrying cost : The quarterly demand for the material is 10,000 units. The order cost is 200 per order. What is the annual inventory carrying cost
Implemented to prevent the cyber attack : Discuss what type(s) of new countermeasures should have been implemented to prevent the cyber attack described above from occurring.
How much is cost of goods sold for the year : Beginning and ending work in process are $4,000 and $5,000, respectively. How much is cost of goods sold for the year
What is Miguel trust accounting income : Long-term capital gains-allocable to corpus 10,000 and Tax-exempt interest income 20,000. What is Miguel trust accounting income
What is the amount collected in this month : Total Sales is $80,000 in a month. 30% of this is on Credit. What is the amount collected in this month

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd