IMPORTANT PLEASE ...............

(c) Aurora Enterprise is an automotive spare parts seller that operates 250 days per year. The average sales of Aurora Enterprise are 5,000 units per year with average selling price at RM120 per unit. The ordering costs and carrying costs of the stocks are RM5 and RM0.80 per unit. The enterprise regularly maintains safety stock equivalent to 10-day supply. Calculate the total ordering costs, total carrying costs, and the total inventory costs of Aurora Enterprise using the economic order quantity (EOQ) approach. (10 marks)