Which of the following describes administrative cost? ANSWER Unselected Equals the sum of the cycle and pipeline inventories multiplied by the annual holding cost per unit, H Unselected The managerial time, travel, and other variable costs associated with interacting with a supplier Unselected The cost associated with transporting the product or the equipment and personnel who will perform the service Unselected Equals annual requirements (D) multiplied by the price per unit, p