20) Crafty Creations creates sweaters using the wools of cashmere goats. The wool used in...
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20) Crafty Creations creates sweaters using the wools of cashmere goats. The wool used in the manufacturing process is ordered by the bundle. Crafty requires 2,400 bundles of wool per year and places orders of 120 bundles at a time. The cost of ordering is $90 per order and the carrying cost per bundle is $6.50. What are Crafty Creations carrying costs?
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