Annual total cost of the postcard inventory

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Post Card Depot, a large retailer of postcards, orders 6643341 postcards per year from its manufacturer. Post Card Depot plans on ordering postcards 18 times over the next year. Post Card Depot receives the same number of postcards each time it orders. The carrying cost is $0.09 per postcard per year. The ordering cost is $328 per order.

What is the annual total cost of the postcard inventory?

Round the answer to two decimal places.

Reference no: EM131493247

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