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GOOD Company purchases cameras installed in the advanced systems produced by the firm. A review of GOOD records indicates the following cost data: Annual demand

GOOD Company purchases cameras installed in the advanced systems produced by the firm. A review of GOOD records indicates the following cost data:
Annual demand
60,000 cameras
Cost of capital
20%
Inventory count
$2.5 per camera
Processing order document
$50 per order
Insurance on inventory
4.5 per camera
The purchase price
$100 per camera
GOOD Company operates 300 days per year.
What is the carrying cost per camera?

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