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After inviting tenders for supply of raw materials two quotations are...

This question belongs to Commerce Costing
Costing
?

"After inviting tenders for supply of raw materials, two quotations are received as follows—
Supplier P Rs 2.20 per unit, Supplier Q Rs 2.10 per unit plus Rs 2,000 fixed charges irrespective of the units ordered. The order quantity for which the purchase price per unit will be the same—"

Answer & Solution
Correct Answer: Option B
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1 Comment
Anita Saini
Anita Saini 7 years ago
X*2.20=x*2.10+2000
.10x=2000
X=20000 units
X=order quantity
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