GFOA Exam CPFO Topic 5 Question 65 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 65
Topic #: 5

[All CPFO Questions]

The city of Mudville uses 1600 oil filters annually. The cost of placing an order is $5.00. The unit cost is $3.50. The carrying cost is 20 percent, and the carrying cost per unit is &0.70(0.20x$3.50). What is the economic order quantity?

A150 oil filters

B130 oil filters

C155 oil filters

DNone of these

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Suggested Answer: A

by Louisa at Feb 07, 2023, 03:24 AM

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Amie

40 minutes ago

I disagree, I calculated it and got 130 oil filters.

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Eva

24 hours ago

I think the economic order quantity is 150 oil filters.

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