The Acme Medical Center goes through many pairs of rubber gloves each year. The price of each pair of gloves is $0.25, gloves are sold only in packages of 100 pairs per package, the carrying cost per package is 10%, and the fixed cost of placing an order with the glove supplier is $10.

If the EOQ is 50 packages, what is Acmes total inventory cost for rubber gloves?

Group of answer choices

-$10,822.50

-$108.23

-$6,357.60

-$170.10