We at Accounting Assignments Help provide Self Assessment HW8B Carrying Costs and Ordering Costs Help with step by step calculation and explanation 24*7 from our finance experts.
Question-1
Post Card Depot, a large retailer of post cards, orders 7,156,013 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 23 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.13 per post card per year. The ordering cost is $388 per order. What are the annual carrying costs of post card inventory (round the answer to two decimal places)?
Question-2
Post Card Depot, an large retailer of post cards, orders 6,569,979 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 6 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.13 per post card per year. The ordering cost is $460 per order. What is the annual carrying costs of post card inventory ? (round the answer to two decimal places)
Question-3
Post Card Depot, a large retailer of post cards, orders 6,321,485 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 16 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.24 per post card per year. The ordering cost is $358 per order. What are the annual ordering cost of the post card inventory? (Round the answer to two decimal places)
Question-4
Post Card Depot, an large retailer of post cards, orders 3,585,637 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 13 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.05 per post card per year. The ordering cost is $202 per order. What is the annual ordering cost of the post card inventory ? (Round the answer to two decimal places) Self-Assessment HW8B (Carrying Costs and Ordering Costs).
Question-5
Post Card Depot, a large retailer of post cards, orders 6,665,811 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 19 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.26 per post card per year. The ordering cost is $497 per order. What are the annual total costs of post card inventory? (Round the answer to two decimal places).
Question-6
Post Card Depot, an large retailer of post cards, orders 3,478,759 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 16 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.22 per post card per year. The ordering cost is $285 per order. What is the annual total inventory management costs of post card inventory ? (Round the answer to two decimal places).