The Double R Diner uses 30 bags of flour every week. The diner is open 52 weeks per year and it costs $12 to place an order. Each bag of flour costs $8. The diner estimates its annual holding cost to be 15%. If the diner consistently orders the EOQ, calculate the total annual cost.

(NOTE: Your answer may be a little different due to rounding. Choose the closest answer.)

Group of answer choices

$212

$274

$193

$250