Materials

Question 1 of 10

Annual demand 4,000 units, order cost GH¢50, holding cost 20% of GH¢10 unit price. EOQ is

Question 2 of 10

The level of inventory at which a new order should be placed is the

Question 3 of 10

The document prepared when goods are received from a supplier is the

Question 4 of 10

The document used to request materials from the store is the

Question 5 of 10

Reorder level = maximum usage ×

Question 6 of 10

A goods received note is prepared by

Question 7 of 10

A bin card records

Question 8 of 10

Under FIFO, materials issued are priced at

Question 9 of 10

The stock level at which a new order should be placed is the

Question 10 of 10

Using LIFO, closing inventory is valued at