Production costs of product Z vary depending on the level of activity. Costs have been recorded at various levels of activity as follows:What is the variable cost per unit? ______
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Pear Co estimates its annual demand for its product to be 6,000 units. Order costs are $8 per order and the holding costs are $0.20 per unit per month.Pear Co would like to minimise the costs of inventory so needs to know the economic reorder quantity to achieve this. Calculate the economic order quantity for Pear Co. ______
A restaurant incurs daily fixed costs of $900.00On a day where 178 customers were served, the restaurant incurred total costs of $1,725.00What is the variable cost per customer served (to the nearest cent)? ______
The following information is available for a company’s inventory.What is the reorder level for this company? ______
The following costs are incurred in producing 1,000 units of product X. What is the total cost per unit? ______