Eren Furniture company produces a specialty furniture product, and has the following information available concerning its inventory items: Relevant ordering costs per purchase order P300 Relevant carrying costs per year: Required annual return on investment 10% Required other costs per year P2.80 Annual demand is 20,000 packages per year. The purchase price per package is P32. What is the economic order quantity?* What are the relevant total costs at the economic order quantity? and What are the total relevant costs, assuming the quantity ordered equals 1,000 units?