a management accountant at octopus limited has estimated that 20000 units if a component used in the company s production process will be required every month next year .the cost of placing an order and the holding cost per unit of the component are projrcted to be R30 and R2 respectively throughout next year.the unit cost of the component next year is estimated to be 298 and stored components are insured at cost of 1% of the unit cost