COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pluto Manufacturing Company uses 1, 000 units of Chip annually in its production. Order costs consist of P10 for placing a long-distance call to make the order and P40 for delivering the order by truck to the company warehouse. Each chip costs P100 and the carrying costs are estimated at 15.625% of the inventory cost. What is the economic order quantity for chip?
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80
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90
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100
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120
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Explanation:
There is 1 question to complete.