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QUESTION 1 If storage cost is equal to $50.000, inventory loss is equal to $5,000, expediting cost is equal to $10.000, insurance is equal to

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QUESTION 1 If storage cost is equal to $50.000, inventory loss is equal to $5,000, expediting cost is equal to $10.000, insurance is equal to $4,000, tax is equal to $3,000, and cost of capital is equal to $20,000, what is the holding cost as a percentage of average inventory on an average inventory value of $200,000. (Round to the nearest whole percentage and do not include the percentage symbol) For example, if you calculate an answer of 65.75%, submit 66. QUESTION 2 If beginning inventory is equal to $600,000 and ending inventory is equal to $700,000, what inventory value should be used when calculating inventory holding COST? 650 000 Click Save and Submit to save and submit. Click Save All Answers to save all answers, Save All

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