What will be their total cost of ordering and carrying flour

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Although the bakery still buys flour in 25-pound bags, their business has changed to need an average of 5300 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $8.90 per order. Annual carrying costs are $54 per bag. What will be their total cost of ordering and carrying the flour? (Include the pennies in your answer)

Reference no: EM132102453

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