GNC sells 600 plastic bottles of a Vitamin C supplements per week at $100 per bottle. The supplements are ordered from a supplier who charges GNC $30 per each order and $50 per bottle (regardless of qty). GNC's annual holding cost percentage is 40% of the costs of the bottles. Assume GNC operates 52 weeks in a year. What is GNC total ordering and holding cost per year if GNC orders 500 bottles at a time? Multiple Choice $11,800 $10,036 None of the above $5,036 $6,300

GNC sells 600 plastic bottles of a Vitamin C supplements per week at $100 per bottle. The supplements are ordered from a supplier who charges GNC $30 per each order and $50 per bottle (regardless of qty). GNC's annual holding cost percentage is 40% of the costs of the bottles. Assume GNC operates 52 weeks in a year. What is GNC total ordering and holding cost per year if GNC orders 500 bottles at a time? Multiple Choice $11,800 $10,036 None of the above $5,036 $6,300