Fisk Corporation is trying to improve its Inventory control system and has Installed an online computer at its retail stores. Fisk anticipates sales of 73.500 units per year, an ordering cost of $12 per order, and carrying costs of $1.60 per unit. a. What is the economic ordering quantity? Economic ordering quantity units
b. How many orders will be placed during the year? Number of orders [ orders
c. What will the average Inventory be? Average inventory units
d. What is the total cost of ordering and carrying Inventory? Total cost

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $