Answer the Following Questions Using the Information Below

question 3

Multiple Choice

Answer the following questions 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 20,000 packages per year. The purchase price per package is $32.
-What are the relevant total costs at the economic order quantity?

• A)$1,414.21
• B)$4,242.65
• C)$8,485.28
• D)$9,000.00

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Definitions:

Greenhouse Gases

Gases in Earth's atmosphere, such as carbon dioxide and methane, that trap heat and contribute to global warming.

Volcanic Eruption

The discharge of molten rock, ash, and gases from a volcano, which can impact climate, air quality, and landscapes.

Ice Sheet

A massive, continental-scale layer of ice that covers land areas and flows in all directions under its own weight.

Greenland

The world's largest island, located between the Arctic and Atlantic oceans, known for its vast ice sheet and unique arctic environment.