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Consider the following worker-paced process with a wage rate of $12 per hour per worker. Assume there is unlimited demand for the product.Suppose a company

Consider the following worker-paced process with a wage rate of $12 per hour per worker. Assume there is unlimited demand for the product.Suppose a company had 13.0 turns. Suppose the annual holding cost is 26% and the COGS of item X is $19. What is the inventory holding cost for one unit of item X? (report your answer to 2 decimal places)

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