How much will be spent each year on ordering paper

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A large law firm uses an average of 52 boxes of copier paper per day. The firm operates 260 days per year. Storage and handling costs for the paper are $28 per year per box, and it costs $36 to order and receive a shipment of paper. How much will be spent each year on ordering paper?

A large law firm uses an average of 48 boxes of copier paper per day. The firm operates 260 days per year. Storage and handling costs for the paper are $34 per year per box, and it costs $61 to order and receive a shipment of paper. What is the annual cost of carrying inventory of boxes of paper?

Reference no: EM132112376

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