The following data refer to various annual costs relating to the inventory of a single-product company that requires 10,000 units per year: Cost per unit Order cost $ .05 Transportation-in on purchases .18 Storage .16 Insurance .10 Total per year Interest that could have been earned on alternate investment of funds $800.

What is the annual carrying cost per unit?  

Answer rating: 100% (QA)

Annual Carrying Cost per Unit Calculation Identifying Relevant ... View the full answer