question archive What is the annual carrying cost per unit? * Format: 1
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What is the annual carrying cost per unit? * Format: 1.11 The following data refer to various annual costs relating to the inventory of a single-product company: Unit transportation-in on purchases P0.20 Storage per unit 0.12 Insurance per unit 0.10 Annual interest foregone from alternate investment of funds P1,500 Annual number of units required 10,000
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