What is the annual carrying costs of cheese inventory


Problem

Cheeseburger and Taco Company purchases 19,185 boxes of cheese each year. It costs $30 to place and ship each order and $8.77 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

What is the annual carrying costs of cheese inventory.

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Financial Accounting: What is the annual carrying costs of cheese inventory
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