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The Wood Furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items: Relevant ordering costs per purchase
The Wood Furniture company produces a specialty wood furniture product, and has the following information available concerning its inventory items: Relevant ordering costs per purchase order $150 Purchase price per unit $16 Carrying cost per unit $3 Annual demand 10,000 units What are the total relevant costs, assuming the quantity ordered equals 500 units. Your answer should NOT include any dollar sign or any commas or any points
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