HELP!! Comfy Furniture sells 3,800 couches per year at an average price of $1,180. The carrying cost per couch is $10.50 and the fixed order cost is $190. What is the economic order quantity for the couches?
HELP!! Comfy Furniture sells 3,800 couches per year at an average price of $1,180. The carrying...
ABC Company sells 46,053 chairs a year at an average price per chair of $17.28. The carrying cost per unit is $23.71. The company orders 147 chairs at a time and has a fixed order cost of $89.83 per order. The chairs are sold out before they are restocked. What are the total costs if the company orders the optimal quantity (Economic Order Quantity)?
Question 16 ABC Company sells 38,436 chairs a year at an average price per chair of $23.28. The carrying cost per unit is $20.64. The company orders 133 chairs at a time and has a fixed order cost of $160.16 per order. The chairs are sold out before they are restocked. What are the total costs if the company orders the optimal quantity (Economic Order Quantity)?
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price Variable costs Couches $540 $400 Beds $720 $425 The company can manufacture either 4 couches per machine hour or 1 bed(s) per machine hour. The company's production capacity is 9,600 machine hours per month. What is the contribution margin per machine hour for beds? O A. $1,145 O B. $295 O C. $1,475 OD. $1,180 The Muffin House produces and sells a variety of...
A company sells 150,966 units per year. Fixed costs per order are $134 and carrying cost is $26 per unit per year. What is the Economic Order Quantity?
ABC Company sells 19,996 chairs a year at an average price per chair of $13.26. The carrying cost per unit is $9.88. The company orders 108 chairs at a time and has a fixed order cost of $68.78 per order. The chairs are sold out before they are restocked. What are the total costs if the company orders the optimal quantity (Economic Order Quantity)? Enter your answer rounded off to two decimal points. Do not enter comma or $ in...
A firm sells 16,000 units of an item each year. The carrying cost per unit is $.65 and the fixed costs per order are $55. What is the economic order quantity? 1,498 units 1,531 units 1,646 units 1,465 units 1,613 units
ABC Company sells 37,029 chairs a year. The carrying cost per unit is $5.22 and the fixed costs per order are 35.25 per order. The company orders 397 units each time. The chairs are sold out before they are restocked. What is the economic order quantity? Enter your answer rounded off to two decimal points. Do not enter comma in the answer box.
1 - XYZ is a retailer and sells 144,000 units per year. It purchases from a single supplier. Fixed costs per order are $846 and carrying cost is $8 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity? Enter your answer rounded off to two decimal points. Margin for error: +/- 1 2 - XYZ is a retailer and sells 183,000 units per year. It purchases from a single supplier. Fixed...
ABC Company sells 4,942 chairs a year at an average price per chair of $125. The carrying cost per unit is $15.33. The company orders 250 chairs at a time and has a fixed order cost of $52.7 per order. The chairs are sold out before they are restocked. What are the total carrying costs?
XYZ is a retailer and sells 149,000 units per year. It purchases from a single supplier. Fixed costs per order are $930 and carrying cost is $7 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity?