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What is the annual carrying cost per unit

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Reference no: EM133147465

Question - The following data refer to various annual costs relating to the inventory of a single-product company:

Unit transportation-in on purchases P0.20

Storage per unit 0.12

Insurance per unit 0.10

Annual interest foregone from alternate investment of funds P1,500

Annual number of units required 10,000

Required - What is the annual carrying cost per unit?

Reference no: EM133147465

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