Given the following information for a purchased component, what is the total annual cost for the item? Annual demand = 100,000 units O $401.500 $401,050 O $400,150 O $415,000 O $410,050 Purchase price = $4 per unit Order quantity = 10,000 units Order cost = $5 per order Annual holding cost = $2 per unit

Given the following information for a purchased component, what is the total annual cost for the item? - Annual demand =100,000 units - Purchase price =$4 per unit - Order quantity =10,000 units - Order cost =$5 per order - Annual holding cost =$2 per unit $401,500 $401.050 $400,150 $415,000 $410,050