Answer the Following Questions Using the Information Below:
the Katoomba

question 6

Multiple Choice

Answer the following questions using the information below:
The Katoomba Furniture company produces a specialty dining table,and has the following information available concerning its inventory items:
$\begin{array}{ll}\text { Relevant ordering costs per purchase order } & \$ 250 \\\text { Relevant carrying costs per year: } & \\\text { Required annual return on investment } & 10 \% \\\text { Required other costs per year } & \$ 14.00\end{array}$
Annual demand is 1000 tables per year.The purchase price per table is $1600.
-What are the relevant total costs at the economic order quantity (EOQ) ?

• A)$3500
• B)$1000
• C)$9328
• D)$1500