Question: pls help me i dont belive the answer is 0.62 Additional Algo 11-6 Holding Cost per Unit A company usually holds 340 pounds of wax

pls

help me i dont belive the answer is 0.62

Additional Algo 11-6 Holding Cost per Unit A company usually holds 340 pounds of wax in its warehouse. The company uses 42 pounds of wax per day and it takes 5 days for wax purchased from the supplier to arrive. The holding cost for wax is $0.28 per pound per day. What is the company's average holding cost (per pound for wax)? Note: Round your answer to 2 decimal places

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