Fresh Market opens 300 days a year. The usage of cash register tape is on average about 24 rolls daily (daily demand). Fresh Market pays a flat fee $200 to place an order of cash register tape. Fresh Market pays a unit price of $2 to the register tape supplier. The holding cost per unit per year is 5% of the unit price. Calculate the annual inventory ordering cost for Fresh Market? keep two decimals if not exact, either round up or down is ok. For example, for 0.1346, (0.13 or.13) and (0.14 or.14) are correct.

Transcribed image text: Fresh Market opens 300 days a year. The usage of cash register tape is on average about 24 rolls daily (daily demand). Fresh Market pays a flat fee $200 to place an order of cash register tope. Fresh Market pays a unit price of $2 to the register tape supplier. The holding cost per unit per year is 5% of the unit price. Calculate the annual inventory ordering cost for Fresh Market? keep two decimals if not exact, either round up or down is ok. For example, for 0.1346,(0,13 or.13) and (0.14 or, 14) are correct