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John sells 300 packs of candies per week at $40 per pack. The candies are ordered from a supplier who charges John $60 per
John sells 300 packs of candies per week at $40 per pack. The candies are ordered from a supplier who charges John $60 per order and $20 per pack. John's annual holding cost percentage is 20% . Assume John operates 50 weeks a year. What is John's total ordering + holding cost per year if John orders 240 packs at a time?
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Introduction to Accounting An Integrated Approach
Authors: Penne Ainsworth, Dan Deines
6th edition
78136601, 978-0078136603
