Preparing an order and receiving shipment of nails involves

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Our home construction company still buys nails in 15-pound boxes but now we use an average of 4790 boxes a year. Preparing an order and receiving a shipment of nails involves a cost of $1.55 per order. Annual carrying costs are $0.6 per bag.

What will be their total cost of ordering and carrying the nails? (Include the pennies in your answer)

Reference no: EM131366915

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