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Figure 24-5 Big Bus Company Produces Buses. in Order to Produce the Produce

question 32

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Figure 24-5
Big Bus Company produces buses. In order to produce the seats for the buses, special equipment must be set up. The setup cost per frame is £40. The cost of carrying seats in inventory is £5 per seat per year. The company produces 100,000 buses per year.
-Refer to Figure 24-5. Total setup costs associated with the economic order quantity are

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