What is the annual carrying costs of post card inventory

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Cheeseburger and Taco Company purchases 18,669 boxes of cheese each year. It costs $15 to place and ship each order and $4.28 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders. What is the annual carrying costs of post card inventory. Round the answer to two decimals.

Reference no: EM13947133

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