Question: Additional Algo 12-3 Ordering and Holding Costs A food processor purchases corn for use in its products. The firm uses 650 pounds of corn per

Additional Algo 12-3 Ordering and Holding Costs A food processor purchases corn for use in its products. The firm uses 650 pounds of corn per week and purchases corn for $0.4 per pound from a supplier . Each time the firm orders corn from the supplier, the firm must pay a $46 order processing charge. The firm's annual holding cost percentage is 28% Do not round intermediate calculations. Assume there are 52 weeks in a year and round your answer to two decimal places of the food processor orders 8,450 pounds of com with each order, what is the sum of the annual holding and ordering costs dollars

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