Tallow Corporation sells 62.000 iPhone covers each year. These covers are sold evenly throughout the year. Ordering costs are $225 per order, and carrying costs are $3.10 per unit per year. Read the requirements Requirement 1. What is the economic order quantity (EOQ) for ordering the covers? Begin by selecting the formula used to calculate EOQ D-Demand in units for one year, P-ordering cost per purchase order, C-camy ng cost of one unit in stoQ:An order quantity) 2DP 500- Round your answer to the nearest whole number.) The EOQ is 3,000 units Requirement 2. What isteelevant total cost? Determine the formula used to calculate the annual relevant total costs. (RTC relevant total cost, D Demand in units for one year, P Ordering cost per purchase order, C Carrying cost of one unit in stock, QAny order quantity.) DP Q0 RTC2 Round your answer to the nearest whole number.) The RTC is