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The following data refer to various annual costs relating to the inventory of a single-product company that requires 10,000 units per year: Cost per unit

The following data refer to various annual costs relating to the inventory of a single-product company that requires 10,000 units per year: Cost per unit Order cost $ .05 Transportation-in on purchases .18 Storage .16 Insurance .10 Total per year Interest that could have been earned on alternate investment of funds $800.


What is the annual carrying cost per unit?  

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