One of the products that Justine Corporation sells is "Extra Soft" floor mats. Justine's ordering costs related to the mat is P 12.50 per order. The cost of carrying one mat in inventory for one year is P 16.00. Justine sells 40,000 of these mats evenly throughout the year. 9. What is the economic order quantity of Justine Corporation? a. 250 units b. 350 units c. 400 units d. 500 units

One of the products that Justine Corporation sells is "Extra Soft" floor mats. Justine's ordering costs related to the mat is P 12.50 per order. The cost of carrying one mat in inventory for one year is P 16.00. Justine sells 40,000 of these mats evenly throughout the year. 9. What is the economic order quantity of Justine Corporation? a. 250 units b. 350 units c. 400 units d. 500 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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