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Please help, I dont get it. Question ZI I pis Johnson Company had beginning inventory of $1,000,000 and ending inventory of $1,200,000. In Johnson's inventory

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Please help, I dont get it.

Question ZI I pis Johnson Company had beginning inventory of $1,000,000 and ending inventory of $1,200,000. In Johnson's inventory system, an inventory carrying charge is estimated to be 25%. Johnson's annual inventory carrying cost was O $250,000 O $275,000 O $300,000 O Cannot determine from the above information Question 22 2 pts Jones Manufacturing Inc. purchases a component from a Chilean supplier. The demand for that component is exactly 70 units each day. The company is open for business 250 days each year (hint: annual working day is 250 days). When the company reorders the product, the lead-time from the supplier is exactly 10 days. The product costs $14.00 (hint: unit price is $14). The company estimated that its inventory carrying charge is 20 %. The company's ordering cost is $30.00. If the company decides to order 1,750 units each time it places an order, what will be the total annual (inventory) cost of this inventory policy? O $1,500 O $2,400 O $2,750 O None of the above

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