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Given that: Sales = $300,000,000 Transportation cost = $15,000,000 Warehousing cost = $4,000,000 Inventory carrying cost rate (W) = 30% Cost of goods sold =
Given that:
Sales = $300,000,000
Transportation cost = $15,000,000
Warehousing cost = $4,000,000
Inventory carrying cost rate (W) = 30%
Cost of goods sold = $95,000,000
Other operating costs = $55,000,000
Average Inventory (AI) = $15,000,000
Accounts receivable = $35,000,000
What is the total operating cost?
Group of answer choices
56,500,000
48,500,000
75,500,000
78,500,000
68,500,000
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