Based on the following information, calculate the Ordering cost. Round to 2 decimal points at the end of the problem.

Prepare the purchase order at the plant $80

Receiving the purchase order at the warehouse$30

Warehouse renting cost per unit $8

Transportation cost per order $120

Material Value $250

Market Share Interest 10%

Four months usage1,500 units

Quantity ordered 200 units

There are 12 months per year, each month has 4 weeks and each week has 5 days