Calculate the total annual holding costs

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Frederick’s Farm Factory (FFF) currently marintains an average inventory valued at $3,400,000. The company estimates its capital cost at 10 percent, its storage cost at 4.5 percent, and its risk cost at 6 percent. Calculate the annual holding cost rate for FFF Annual holding cost rate = % (Round your answer to 1 decimal place.) LINK TO TEXT Calculate the total annual holding costs for FFF Annual holding costs = $

Reference no: EM131118399

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