Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. questientwo a) explain costs associated with hoidi

Questientwo a) Explain costs associated with hoiding stocks in an organizationel context 5 marks) (b)...

50.1K

Verified Solution

Question

Accounting

image

image

Questientwo a) Explain costs associated with hoiding stocks in an organizationel context 5 marks) (b) The following data is available in respect of material x. Budgeted consumption: Maximum Minimum Average 300 units per month 50 units per month 150 units per month Annual . 1,200 units Lead time for suppliers is estimated as maximum 4 months, minimum 2 months. Storage costs are 25% or the annual stock value. Gra ering cois are K20, COO per crder Price per unit of material is K3, 200. Required Compute ti) The EO0 lii)The re-order level (ii) The maximum stock level fi) The minimurn stock level (5 marks) 2,marks) z miarkS (2 marks) (2 marks) (v)The average stock level. Total 20 marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Why should the carbon cycle receive so much attention in ecology?a. Carbon is the building...

Biology
Q

Explain the establishment of a corporation coming from apartnership formation.Explain the establishment of a...

Accounting
Q

. All of the following are true of two-tailed tests except: A. Two-tailed tests are more...

Statistics
Q

Discuss franchising as an alternative for entrepreneurs in South Africa. Do so from the perspective of...

General Management
Q

Which of the following is not an example of coevolution? A. The australian soapberry bug...

Biology
Q

Two small equal point charges of magnitude q are suspended from a common point on...

Physics
Q

What interest will be earned if $7000 is invested for 4 years at 11% compounded...

Basic Math
Q

int B Show that int A B int A

Algebra
Q

homes and household jobs 4 a What is Jay doing? Complete...

Accounting
Q

Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each...

Accounting
Q

As of January 30,2021, what is Target's balance of property and equipment, net?Consolidated Statements of...

Accounting
Q

1. Classify each of the following expenditures paid in 2022 as a deduction for AGI,...

Accounting