Spencer Industries produces a single product, and has the following information available concerning this item: Relevant ordering costs per purchase order $400 Relevant carrying costs/unit per year: Required annual return on investment 20% (Hurdle Rate) Required other costs per year (insurance, etc.) $10.00 Annual demand is 100,000 units per year. The purchase price per package is $80. HINT: When you are calculating total carrying cost/unit, don't forget to add opportunity cost to the $10.00/unit 40. What is the economic order quantity (E00)? a.1,554 units b.1,654 units c.1,754 units d.1,854 units 41. What are the relevant total costs (ordering cost + carrying cost) if Spencer Industries insists on using an order size equal to 2,000 units? a $44,000 b.$46,000 c.$48,000 d.$50,000