VanDerbeck_15e Ch.02 student

# VanDerbeck_15e Ch.02 student - Name Section When subtotals...

This preview shows pages 1–4. Sign up to view the full content.

Name: Section: When subtotals and totals are correct the cell will turn to green. Exercise 2-2 a. EOQ = square root of (2CN/K) C= N= K= EOQ = units b. Number of orders = Annual usage/EOQ orders Annual usage = EOQ = Ordering cost: Carrying cost: Total order and carrying cost

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Name: Section: When entries in amount columns are correct the cell will turn to green. Exercise 2-6 First-in, First-out method RECEIVED ISSUED BALANCE Date Quantity Unit Price Amount Quantity Unit Price Amount Quantity Unit Price Amount 7/1 7/3 7/5 7/6 7/10 7/11 7/15 7/20 7/26 Cost of materials used (issued): Cost of 7/31 inventory:
Name: Section: Problem 2-1 When calculations/numbers are correct the cell will change to green. 1 Compute the order point. Units per day = Days = Safety Stock = Order Point = units 2 Determine the most economical oder quantity by use of formula EOQ = square root of (2CN/K) C= N= K= EOQ = units 3 Calculate the toatol cost of ordering and carrying at EOQ Annual usage = units Units per order =

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 10/26/2010 for the course ACCT 210 taught by Professor D during the Fall '10 term at Bucks Community College.

### Page1 / 11

VanDerbeck_15e Ch.02 student - Name Section When subtotals...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online