A firm requires 12,800 units of a certain component which it buys @ ₹60 each. The cost of placing an order and following it up is ₹150 and annual storage charges work out to 10% of the cost of items. Number of units to b
CS Executive · Cost and Management Accounting · PYQS · December 2016
A firm requires 12,800 units of a certain component which it buys @ ₹60 each. The cost of placing an order and following it up is ₹150 and annual storage charges work out to 10% of the cost of items. Number of units to be ordered to get maximum benefit to the firm are —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Cost Accounting
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