Abc company sells 4264 chairs a year at an average price, Ask an Expert

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ABC Company sells 4,264 chairs a year at an average price per chair of $145. The carrying cost per unit is $21.76. The company orders 260 chairs at a time and has a fixed order cost of $80.5 per order. The chairs are sold out before they are restocked. What are the total carrying costs?

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Financial Management, Finance

Category:- Financial Management
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