Question: A toy store sells 3 5 0 remote - controlled cars each month. The remote - controlled cars are purchased from a supplier in Japan,

A toy store sells 350 remote-controlled cars each month. The remote-controlled cars are purchased from a supplier in Japan, which sells them in large cartons, with each carton containing 100 remote-controlled cars. The supplier charges the toy store $40 per remote-controlled car and an ordering cost of $120 per order. The toy store's annual inventory holding cost percentage is 10%.
If the toy store's order quantity is 6 cartons, then what is its annual cost of ordering and holding inventory?

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