Business, 15.07.2021 17:10 henrygrubb554

The Wood Furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items: Relevant ordering costs per purchase order $300 Relevant carrying costs per year: Required annual return on investment 10% Required other costs per year $2.80 Annual demand is 20,000 packages per year. The purchase price per package is $32. What are the total relevant costs, assuming the quantity ordered equals 1,000 units?

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The Wood Furniture company produces a specialty wood furniture product, and has the following inform...

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