ASSIGNMENT ON ACC 212-COST ACCOUNTING 1 FOR PART TIME (ND AND PRE-HND)

 

   PATRIOT ODUNARO BABATUNDE JIMOH (080384540008)

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ASSIGNMENT

Ajikawe Enterprises provides the following data relating to component B9.

Cost of raw material                                       N12.50 per unit

Usage per day                                                 125 units

Minimum re-order period                                25 days

Maximum re-order period                               38 days

Cost of ordering materials                              N500 per order

Carrying cost                                                   10% per annual

Assume that each year consists of 48 working weeks of 5 days per week.

Required: Calculate:

(i) The Re-Order Level       (ii)  The Re-Order Quantity   (iii)  The Maximum Level

(iv)  The Minimum Level     (v) The Average Level

 

BEST OF LUCK! 

FUTURE BELONGS TO THOSE WHO PREPARE FOR IT!!-PATRIOT ODUNARO B.J

 

INSTRUCTION: 

FOR PART-TIME:TO BE SUBMITTED ON OR BEFORE SATURDAY NOVEMBER 7, 2020 AROUND 9A.M