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Annual total costs of post card inventory

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Post Card Depot, an large retailer of post cards, orders 3,523,730 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 6 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.23 per post card per year. The ordering cost is $359 per order.

What is the annual total costs of post card inventory? (Round the answer to two decimal places).

Reference no: EM131411872

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Annual total costs of post card inventory : Post Card Depot, an large retailer of post cards, orders 3,523,730 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 6 times over the next year. Post Card Depot receives the same number of post cards each time ..

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