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Use the information below to determine the inventory carrying cost percentage at the warehouse. $8...

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Accounting

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Use the information below to determine the inventory carrying cost percentage at the warehouse. $8 million Direct variable manufactured cost of inventory at DC Variable cost of transportation from warehouse to retail store $70,000 Variable cost of labor to move product into warehouse $65,000 . . Warehouse overhead $50,000 3.5% Cost of money Taxes on inventory at warehouse Insurance on warehoused inventory Inventory shrinkage at warehouse Fixed cost of warehouse equipment $75,000 $45,000 $90,000 $50,000

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