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All Seasons Flower Shop uses 8 8 0 clay pots a month. The pots are purchased at $ 5 each. Annual holding cost per pot

All Seasons Flower Shop uses 880 clay pots a month. The pots are purchased at $ 5 each. Annual holding cost per pot is estimated to be 30% of purchase cost. Ordering cost is $ 40 per order. The shop operates 12 months in a year.
Calculate the total annual cost if the EOQ is used as order quantity.

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