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A jeweler purchases silver for use in its products. The firm uses 200 grams of silver per week and purchases silver for $0.54 per gram

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A jeweler purchases silver for use in its products. The firm uses 200 grams of silver per week and purchases silver for $0.54 per gram from a supplier. Each time the firm orders silver from the supplier, the firm must pay an order processing charge of $10. The firm's annual holding cost percentage is 37%. If the jeweler orders 2,000 grams of silver with each order, what is the sum of the annual holding and ordering costs? Note: Do not round intermediate calculations. Assume there are 52 weeks in a year and round your answer to 2 decimal places

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