Stock Control data for Material P are:Annual usage: 3600 units; Cost per unit: ?100; Cost of placing an order: ?40;Stockholding Cost: 20% of the overall stock volume; Lead time: One monthThe EOQ based on the above data is:

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Syllabus (with weightage)
A. Cost Management 20%
B. Strategic Cost Management Tools and Techniques 50%
C. Strategic Cost Management - Application of Statistical Techniques in Business Decisions 30%

Related Test: CMA Intermediate Exam: Cost and Management Accounting


Stock Control data for Material P are:<br>Annual usage: 3600 units; Cost per unit: ?100; Cost of placing an order: ?40;<br>Stockholding Cost: 20% of the overall stock volume; Lead time: One month<br>The EOQ based on the above data is: