Can you please help me out to sovle these question please

FOLEO FONES CASE STUDY Chagter 5: Assume you are the management accountant for the WGroup. Tracey Chen, the CFO, has Wyou into a meeting, to discuss the performance ofthe Warehouse Manager of the m business unit in managing his inventory stocks. After his last meeting with the Production Manager, Allan Raymond, the Business Unit GM, has supplied Tracey with below data relating to the inventory management practices for the current year. Tracey asks you analyse this data and before her Board meeting next week. Inventory Management Activities Current Year' a Cast Selection of Supplier $300 Warehouse rental [variable] $90,000 Handling of inventory 51,100 Transportation of inventory 5600 Insurance 51400 Unloading delivered inventory from freight truck 5750 Inspecting delivered orders $900 Spoilage and obsolescence of inventory $6,000 Theft of inventory 54,300 The Production Manager has indicated that the 59131959005. plant requires 24,000 kg of plastics annually and on average, the lead time for deliveries of the plastics is one month. He has also advised he orders 2,000 kg per month, and that the monthly usage typically uctuates between 1,800 and 2,500 kg. This practice has resulted regularly in stocch situations. The Manager has also estimated that the above ordering costs will increase by 5% and the carrying costs by 7% next year. [a] Using the above data, calculate the following: the amount of ordering cost that should be used in the E00 formula, the amount of carrying coat that should be used in the EOQformula, and the optimum order quantity for the plastics raw materials required to produce the Mfor the CURRENT YEAR using the E00. formula. (HINT: show al'l' your workings and round up your E 00 if necessary. J (HINT: the above data 1'5 for the entire year, so you Ml! need to calculate the total components for the year and then oonvert them to what you will need for the E00 formula.) (1.5 marks}