GFOA Exam CPFO Topic 2 Question 115 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 115
Topic #: 2

[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

Show Suggested Answer

Suggested Answer: A

by Gerald at Aug 03, 2025, 10:31 PM

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Gerri

5 days ago

Hmm, I'm not so sure. This looks like a tricky one. I'd better double-check my work.

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Delsie

9 days ago

I think the economic order quantity is 150 oil filters.

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Yong

14 days ago

I'm pretty sure the answer is B. The calculations seem straightforward enough.

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