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Business Studies

Pre-Production

Economic Batc...

Question

Economic Batch Quantity is an important point to be determined in industries where _________ costing is employed.

A

Job

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B

Batch

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C

Operation

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D

Output

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Solution

The correct option is B Batch
Economic batch quantity is calculated the quantity of inventory that a company should order in cases where the re supply is gradual.
In batch costing the production is carried on batches.

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