What is the annual ordering cost of the post card


Post Card Depot, an large retailer of post cards, orders 9,746,180 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 6 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.12 per post card per year. The ordering cost is $449 per order.

What is the annual ordering cost of the post card inventory? (Round the answer to two decimal places)

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Financial Management: What is the annual ordering cost of the post card
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