A large law firm uses on average 150 boxes of copier paper per month. Carrying costs are $30 a year per box and it costs approximately $60 to order and receive a shipment of paper. 1. What is the EOQ. How many boxes of paper should the firm order to minimize ordering and carrying costs? 2. How many times will orders be placed? 3. Compute TC using the EOQ quantity. 4. The office manager is currently using an order size of 200 boxes. Would you recommend that the office manger continue with this quantity? Yes or no and why? 5. What is the impact if carrying costs are increased to $ 35. All other information remains the same