Cheeseburger and taco company purchases 8024 boxes of, Financial Management

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Cheeseburger and taco company purchases 8024 boxes of

Cheeseburger and Taco Company purchases 8,024 boxes of cheese each year. It costs $11 to place and ship each order and $3.24 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. What is the annual ordering cost of the post card inventory?

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