Ruby Corporation engaged in the following transactions during June. The company uses the perpetual inventory system. DATE TRANSACTIONS 2019 June 4 Purchased merchandise on account from Salinas Company; Invoice 100 for $1,025; terms n/30. 15 Recorded purchases for cash, $1,540. 30 Paid amount due to Salinas Company for the purchase on June 4. Record these transactions in a general journal.

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $