ABC company produces a specialty furniture product, and has the following information available concerning its inventory items: $110 Relevant ordering costs per purchase order Carrying cost per unit $3 Annual demand 5,000 units What are the total relevant costs, assuming the quantity ordered equals 500 units. Your answer should NOT include any dollar sign or any commas or any points. Moon Company determined that it has to produce 65,000 units in the coming year. Each unit requires five feet of plastic tubing. The tubing inventory at the beginning of the budget year is estimated to be 62,500 feet. Materials on hand at the end of the year are targeted to equal 50,000 feet. Purchase price of each foot is $1.25. What are total costs of materials to be purchased? Your answer should NOT include any dollar sign or any commas or any points