Lethal Co sells a particular product for which it pays $6 per unit. Annual sales are 60,000 units and demand 1 accrues evenly throughout the year. The cost of ordering the product is $15 per order and the inventory cost of holding one unit of the product for one year is $3. It is Lethal Co's policy to have an order quantity of 1,200. What is the total annual cost to the business of trading in this product? A $360,750 B $361,800 C $362,550 D $364,550 2 marks Consider the following two statements concerning invoice discounting: 2 An invoice discounter will take on: (i) the administration of receivables of the client business. (ii) responsibil ity for any bad debts relating to discounted invoices Which one of the following combinations (true / false) relating to the above statements is correct? Statement (i) Statement (ii) True True A False True B True False C 2 marks False D False The foEOOact