Given a direct cost (material, labor, overhead) of $600, along with the following unit cost inbound freight to DC ($22.00), labor cost of ($20.00). space ($25.00). insurance ($ 2.00). Interest ($50.00), taxes ($5.00), loss and damage ($27.00), and obsolescence ($5.00), calculate (1) the total inventory carrying cost and (2) the inventory carrying rate (inventory carrying cost percentage)