Vidyalelo
Commerce · Q355

Costing

Graduate and Post Graduate · Commerce · question 355

Q355

Number of purchase orders for each year is multiplied to relevant ordering cost for each purchase order to calculate

A.
annual irrelevant ordering costs
B.
annual relevant carrying costs
C.
annual relevant ordering costs
Answer
D.
annual irrelevant carrying costs

Answer: Option C

Solution

Answer: Option C
Solution:
Number of purchase orders for each year is multiplied to relevant ordering cost for each purchase order to calculate annual relevant ordering costs. Ordering costs are the expenses incurred to create and process an order to a supplier.