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Assume that ABC Power Tools sells this item through a typical home improvement retailer like Lowe's or Home Depot. Calculating the cost to hold Item

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Assume that ABC Power Tools sells this item through a typical home improvement retailer like Lowe's or Home Depot. Calculating the cost to hold Item 2 in inventor would be slightly different in this situation compared to the previous example in HW5, since Item 2 would not be in storage for an entire year before it would be sold to a customer. This example makes two assumptions:(1) inventory carrying costs begin to accrue at the ABC distribution center (DC) and (2) all value-based cost (except Taxes) must be prorated for each supply chain location based on the days of supply for that location (use 1 month=30days). Calculate total inventory carrying costs and percent for this item at ANC DC, Retail DC, and Retail Store

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