Multiple Choice
Tool Mart sells 1,400 electronic water pumps every year. These pumps cost $54.30 each. If annual inventory carrying costs are 12% and the cost of placing an order is $90, what is the total annual inventory costs?
A) $1,923
B) $1,281
C) $3,406
D) $3,762
Correct Answer:
Verified
Correct Answer:
Verified
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