Zentrum Ltdis about to introduce a new product and has established a target cost of $201 and a target margin on sales of 20%. What is the target price?

Nerolina Manufacturing Ltdrequires8700 gadgets per year for production. The purchase cost is $150 per gadget. The firm decides to order580 gadgets at a time. The cost of orderingis$58per order andannualcarrying costper gadgetis$4.Calculate thetotalannual cost ofordering and carrying the inventory