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Sales = $200,000,000 Transportation cost = $12,000,000 Warehousing cost = $3,000,000 Inventory carrying cost rate (W) = 30% Cost of goods sold = $90,000,000 Other

Sales = $200,000,000 Transportation cost = $12,000,000 Warehousing cost = $3,000,000 Inventory carrying cost rate (W) = 30% Cost of goods sold = $90,000,000 Other operating costs = $50,000,000 Average Inventory (AI) = $10,000,000 Accounts receivable = $30,000,000 What is the inventory carrying Cost

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