PATRIOT ODUNARO BABATUNDE JIMOH (080384540008)
PREVIOUS ASSIGNMENT, CLICK:
https://objunityonlineclasses.blogspot.com/2020/10/assignment-on-acc-212-cost-accounting-1.html
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
