Evertz Metals buys and stockpiles dolomite to use in its smelting processes.Before all this dolomite is used,however,they alter their smelting process so that calcite limestone is used instead.How is the inventory cost of the unused dolomite best categorized?
A) an acquisition cost
B) a carrying cost
C) an order cost
D) a holding cost
E) a hidden cost
Correct Answer:
Verified
Q96: A financial manager who wants her investment
Q98: The level of cash a firm holds
Q107: Which of the following money market investments
Q109: The amount of cash a firm holds
Q112: Which of the following is/are direct costs
Q113: Which of the following best describes short-term
Q115: Which of the following money market investments
Q116: Evertz Metals buys and stockpiles $4,000,000 worth
Q118: Which of the following money market investments
Q119: What is "just-in-time" inventory management?
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents