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Thulani Limited, a retail outlet in Table View, Cape Town, orders 128 000 bottles of water per year from a distributor in Polokwane. One bottle
Thulani Limited, a retail outlet in Table View, Cape Town, orders 128 000 bottles of water per year from a distributor in Polokwane. One bottle of water delivered to Thulani Limiteds central warehouse costs 20 cents (including freight charges). The company borrows funds at 10.25% interest to finance inventories. As Thulani Limiteds cost accountant, you have calculated that it costs R 6 to place an order for bottled water and that the variable annual expense (insurance, electricity, and handling) is
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