g A beauty supply store expects to sell 400 flat irons during the next year. It costs $1.40 to store one flat iron for one year. There is a fixed cost of $17.50 for each order. Find the lot size and the number of orders per year that will minimize inventory costs.

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is