question archive The Special Chemical Company uses 150,000 gallons of acid per month

The Special Chemical Company uses 150,000 gallons of acid per month

Subject:AccountingPrice:2.86 Bought6

The Special Chemical Company uses 150,000 gallons of acid per month. The cost of carrying the chemical in inventory is P30 per gallon per year, and the cost of ordering the chemical is P7,500 per order. The firm uses the chemical at a constant rate throughout the year. It takes 21 days to receive an order once it is placed. The recorder point is

a)105,000 gallons

b)7,500 gallons

c) 90,000 gallons

d)30,000 gallons.

Option 1

Low Cost Option
Download this past answer in few clicks

2.86 USD

PURCHASE SOLUTION

Option 2

Custom new solution created by our subject matter experts

GET A QUOTE

rated 5 stars

Purchased 6 times

Completion Status 100%