The Paper Princess buys reams of colorful paper for $2.70 each and resells them for...
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The Paper Princess buys reams of colorful paper for $2.70 each and resells them for $6.59 each. The firm sells 1,200 reams per year. Generally, the firm orders 288 reams at a time and has a fixed cost per order of $35. The carrying cost per unit is $0.57. The inventory is totally sold out before it is restocked. The total annual carrying cost is and the total annual restocking cost is a. $164.20; $190.70 O b. $145.80; $164.20 O c. $108.50; $140.00 O d. $82.10; $145.80 e. $82.10; $105.00
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