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.Sullivan Company uses 240,000 of units of product per year. The ordering cost of the product is $55 per order and the carrying cost is

.Sullivan Company uses 240,000 of units of product per year. The ordering cost of the product is $55 per order and the carrying cost is $3 per unit per year. Given that the company orders 15,000 units per order. What is the annual ordering cost?

$48

$880

$412,500

$825,000

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