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The Dead Vase Flowers buys plants for $2 each and resells them for $8.95 each. The firm sells 3,500 plants per year. Generally, the firm
The Dead Vase Flowers buys plants for $2 each and resells them for $8.95 each. The firm sells 3,500 plants per year. Generally, the firm orders 400 plants at a time and has a fixed cost per order of $28. The annual carrying cost per unit is $1.16. To avoid newer plants mixing with older plants, the inventory is totally sold out before it is restocked. The total annual carrying cost is ____ and the total annual restocking cost is _____.
Select one:
a. $232; $245
b. $232; $269
c. $232; $256
d. $211; $245
e. $211; $269
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