Determine the carrying costs for an item costing $6.80, given

Determine the carrying costs for an item costing $6.80, given the following per-unit cost information:
Storage cost ………………………………..$0.24
Handling cost………………………………. 0.28
Production labor cost ………………………. 1.70
Insurance cost ………………………………. 0.44
Opportunity cost …………………………… 8% of investment

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