Cindy's Toys has an average inventory of 1,800 teething rings. The carrying cost per unit per year is 5¢. Cindy places an order for 3,600 teething rings on the first of each month and the order cost is $25. What are the total carrying costs under the current system?
A) $45
B) $90
C) $164
D) $300
E) $390
Correct Answer:
Verified
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