The Allianz Company produces a specialty wood furniture$$ product, and has the following information available concerning its inventory$$ items:

Relevant ordering costs per purchase order

$$540$

Relevant carrying costs per year for each$$ product:

$$Required annual return on investment

$18\%$

$$Required other costs per year

$$6$

Annual demand is $31,000$ products per year. The purchase price per product is $$50.$

What is the annual relevant carrying$$ cost$?$

Question content area bottom

Part $1$

A$.$$ $2$ comma $988$

$$2,988$

B$.$$ $14$ comma $465$

$$14,465$

C$.$$ $17$ comma $717$

$$17,717$

D$.$$ $11$ comma $205$

$$11,205$