ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mhe -Hill Module 3 Problems i Saved Required Information [The following information applies to the questions displayed below.] Fiber Technology, Inc., manufactures glass fibers used in the communications industry. The company's materials and parts manager is currently revising the inventory policy for XL-20, one of the chemicals used in the production process. The chemical is purchased in 10-pound canisters for $111 each. The firm uses 6.000 canisters per year. The controller estimates that it costs $166 to place and receive a typical order of XL-20. The annual cost of storing XL-20 is $5.60 per canister. Required: 1. Prepare a table showing the total annual cost of ordering and storing XL-20 for each of the following order quantities: 500, 750, and 1.000 canisters. Order size 500 750 1000 Number of orders Ordering cost Average inventory Holding costs Total annual costsFor each of the following independent cases, use the equation method to compute the economic order quantity. (Do not round Intermediate calculations. Round your final answers to nearest whole number.) Case A Case B Case C Annual requirement (in units) 14, 130 2, 131 1,010 Cost per order $ 268 $ 58 $ 19 Annual holding cost per unit 7.80 21.80 7.90 Economic Order Quantity Case A Case B Case C