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