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Commerce · Q221

Costing

Graduate and Post Graduate · Commerce · question 221

Q221

"Calculate re-order level from the following: Safety stock: 1000 units Consumption per week: 500 units It takes 12 weeks to reach material from the date of ordering"

A.
1000 units
B.
6000 units
C.
3000 units
D.
7000 units
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Re-order level = Safety stock + Total consumption
= 1000 + (500 × 12) = 1000 + 6000 = 7000 units.