Natalie's Cabinets Makes Cabinets at an Average Cost of $2,000

question 36

Multiple Choice

Natalie's Cabinets makes cabinets at an average cost of $2,000.Last year, Natalie sold 5,000 units of the cabinets and had an annual turnover rate of 4 times.Natalie has estimated her inventory carrying cost to be 25 percent.What was Natalie's annual inventory carrying cost?

• A)$625,000
• B)$250,000
• C)$312,500
• D)$125,000

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