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Victor sells a line of upscale evening dresses in his boutique. He charges $ 3 0 0 per dress, and sales average 3 0 dresses

Victor sells a line of upscale evening dresses in his boutique. He charges $300 per dress, and sales average 30 dresses per week. Currently, Victor orders a 10-week supply at a time from the manufacturer. He pays $150 per dress, and it takes two weeks to receive each delivery. Victor estimates his administrative cost of placing each order at $225. Because he estimates his cost of inventory at 20%.
Compute Victors total annual cost of ordering and carrying inventory.

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