Answer the Following Question(s)using the Information Below

Multiple Choice

Answer the following question(s) using the information below:
The Wood Furniture Company produces a specialty wood furniture product, and has the following information available concerning its inventory items:
Annual demand is 10,000 packages per year.The purchase price per package is $16.
-What are the Wood Furniture Company annual total relevant costs, assuming the quantity ordered equals 500 units?

A) $3,500
B) $500
C) $4,000
D) $3,750
E) $3,350