Routing Number for Academy Bank NA in Colorado. A routing number is a 9 digit code for identifying a financial institute for the purpose of routing of checks (cheques), fund transfers, direct deposits, e-payments, online payments, etc. to the correct bank branch.
The cost of carrying or holding inventory is the sum of the following costs: 1  Money tied up in inventory, such as the cost of capital or the opportunity cost of the money. 2  Physical space occupied by the inventory including rent, depreciation, utility costs, insurance, taxes, etc. 3  Cost of handling the items.  Cost of deterioration and obsolescence.
Divide the inventory costs by the average inventory value. Calculate average inventory value by adding beginning inventory to ending inventory (monthly, quarterly or annually) and dividing by 2. For instance, if average inventory is $50,000 and inventory costs are $5,000, then the answer is 10 percent.