S Eldenburg, Cost Management, Third Canadian Edition Help System Announcements PRINTER VERSION 4 BACK NEXT Exercise 16.20 x Your answer is incorrect. Try again. Pronghorn Inc. uses 144 kilograms of material X per year. Material X costs $35.00 per kilogram. It costs $1.40 to place an order and $2.80 per kilogram to store material X. Currently, Pronghorn is ordering material X in 17-kilogram batches. Is this the most economical order size? If not, what is the economic order quantity? How much will Pronghorn save by using the EOQ? (Round answers to 2 decimal places, e.g. 125.74.) Economic order quantity 50.40 kilograms Pronghorn will save 9.06 per year LINK TO TEXT LINK TO TEXT