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Colgate-Palmolive has annual turns of 4.915. The average cost of each unit is $52.6 and their holding cost is 68%. What is the average inventory
Colgate-Palmolive has annual turns of 4.915. The average cost of each unit is $52.6 and their holding cost is 68%. What is the average inventory cost per unit for Colgate-Palmolive?
Round your answer to the nearest $0.01
The average inventory cost per unit ____?
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