Total cost of ordering and carrying the flour

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Although the bakery still buys flour in 25-pound bags, their business has changed to need an average of 4200 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $6.50 per order. Annual carrying costs are $52 per bag.

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

Reference no: EM131484354

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