Costco Q7. The following data (in million $s) provides information about Costco for the 2018 fiscal year. Suppose Costco's annual inventory holding cost is 19%. On average, how much does Costco incur in inventory holding costs for an item they purchased for $150 (in $s)? Costco Net Sales 150,000 Cost of Goods Sold 95,000 Inventory 8,900