Question $29(1$ point$)$

Jack's Warehouse has an SKU costing $$20$ and is ordered in quantities of $500$ units: The annual demand is $6,000$ units, carrying cost is $25\%,$ and the cost of placing an order is $$50.$ Calculate an estimate for the following items, for order quantities of $500.$ What is the annual inventory carrying cost?

$$1100$

$$1400$

$$1000$

$$1250$

$$1350$