XYZ Inc. needs 325 of a material per month. It costs OMR 100 to make and receive an orderand it takes 16 workdays to receive it. The annual holding cost is 35% of purchase price. The price OMR 2 per kg. The company is operating 6 days per weekWhat is the minimum annual total cost in OMR? Round up to the nearest integer : A. 8539 B. 9000 C. None is correct D. 8425 E. 8175

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5EB: Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90....
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XYZ Inc. needs 325 of a material per month. It costs OMR 100 to make and receive an orderand it takes 16 workdays to receive it. The annual holding cost is 35% of purchase price. The price OMR 2 per kg. The company is operating 6 days per weekWhat is the minimum annual total cost in OMR? Round up to the nearest integer : A. 8539 B. 9000 C. None is correct D. 8425 E. 8175
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