Question: ****PLEASE DOUBLE-CHECK ANSWER BEFORE SUBMITTING**** The following table contains data about the inventory for five items and its unit cost at Jones Corporation. Suppose Jones

****PLEASE DOUBLE-CHECK ANSWER BEFORE SUBMITTING********PLEASE DOUBLE-CHECK ANSWER BEFORE****PLEASE DOUBLE-CHECK ANSWER BEFORE

The following table contains data about the inventory for five items and its unit cost at Jones Corporation. Suppose Jones Corporation determined that its annual inventory carrying cost =16 percent. Compute the dollar values for the information in the above table, determine the annual inventory carrying cost for each item, and the total annual inventory carrying cost. (Omit the "\$" sign in your response.) Total annual inventory carrying cost $

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