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Additional Algo 12-3 Ordering and Holding Costs A jeweler purchases silver for use in its products. The firm uses 180 grams of silver per week

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Additional Algo 12-3 Ordering and Holding Costs A jeweler purchases silver for use in its products. The firm uses 180 grams of silver per week and purchases silver for $0.53 per gram from a supplier. Each time the firm orders silver from the supplier, the firm must pay a $12 order processing charge. The firm's annual holding cost percentage is 39%. Do not round intermediate calculations. Assume there are 52 weeks in a year and round your answer to two decimal places. If the jeweler orders 1,900 grams of silver with each order, what is the sum of the annual holding and ordering costs? dollars

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