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Natasha_Volkova [10]
3 years ago
11

Turquoise, Inc. is trying to decide whether to purchase identical inventory from one of the following suppliers: Supplier A Supp

lier B Cost $ 270 $ 280 Invoice terms 2/10, n/30 3/10, n/30 Shipping terms FOB shipping point FOB destination Shipping cost $ 27 $ 29 Required: Assume the company will pay within the discount period. What is the actual cost of the inventory if purchased from each supplier? (Round your final answers to 2 decimal places.)
Business
1 answer:
melomori [17]3 years ago
8 0

Answer:

Actual Cost of Supplier A:  $291.60

Actual Cost of Supplier B: $271.60

Explanation:

<u>Supplier A:</u>

Cost - 270

Shipping FOB shipping point

Purchase Discount = Invoice Price * Discount

For Supplier A, the invoice price is 270 and discount is 2/10 = 2%, so:

Purchase Discount = 270 * 0.02 = $5.4

Cost is:

270 + 27(shipping FOB point) - 5.4 = $291.60

<u>Supplier B:</u>

Cost - 280

Shipping Destination (so 0)

Purchase Discount = Invoice Price * Discount

For Supplier B, the invoice price is 280 and discount is 3%, so:

Purchase Discount = 280 * 0.03 = $8.4

Cost is:

280 - 8.4 = $271.60

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Julli [10]

Answer: The parliament is likely to allocate £ 1,23,93,800.62

We arrive at the answer as follows:

Amount allocated by President Obama    $100,000,000

Amount England wants to contribute        20% of President Obama's allocation

Amount England wants to contribute in USD  =

                                              0.2 * 100,000,000 = USD 2,00,00,000  

Exchange Rate                                      $1. 61371/1 pound sterling

We can read the problem as if $1.61371 is equal to 1 pound sterling, how many pound sterlings are equal to $2,00,00,000?

Let number of pound sterlings be x

So, \frac{1.61371}{1}= \frac{100000000}{x}

x = \frac{100000000}{1.61731}

x = 1,23,93,800.62


3 0
3 years ago
Evans Ltd. is now considering the possibility of offering a lifetime membership option to its subscribers. Under this proposal,
Ahat [919]

Answer: $329.75

Explanation:

The one year subscription is $40 per year. It is estimated that the average age of current subscribers is 38 and they will leave on average to 78. This means that they will leave for,

= 78 - 38

= 40 years

Evans Ltd  average interest rate on long-term debt is 12% so this means that we can use that 12% as a discount rate for the cash-flow expected.

I have attached a Present Value Interest Factor of an Annuity table to this question. It helps calculate annuities faster.

The above can be treated as an annuity because the $40 is constant every year.

The present value of the $40 over 40 years can be calculated by,

= $40 * present value Interest Factor of an Annuity for 40 years at 12% (look at the table for where 40 years on the y axis intersects with 12% on the x axis)

= $40 * 8.2438 (this is the figure when it is not rounded off to 3 dp)

= $329.752

= $329.75

This shows that the lifetime flat fee of $480 is more profitable for Evans Ltd as opposed to the yearly subscription. They should therefore try to sell more of the lifetime contract with the flat fee.

3 0
2 years ago
Your company sells a variety of NFL logo t-shirts for various teams for $15. Your rental cost of the silk-screening equipment is
Zina [86]

Answer:

The company should print the 3,000 units of Tennessee  as they will yield a gain for 3,000 dollars.

Because it faces economies of scale it should sale for as much as it can from a given pattern

Explanation:

Profit: revenue - variable cost - fixed cost

Profit =   15*Q - 8*Q - 18,000

Profit =          7Q- 18,000

3,000 Tennessee shirts x $7 contribution per shirt - 18,000 setup cost

profit: 21,000 - 18,000 = 3,000

Profit maximization: Marginal revenue = marginal cost

Total Revenue: 15 x Q

dTR' /dQ = 15

dTR''/dQ = 0

cost function: 18,000 + 7Q

dC'/dQ = 7

dC''/dQ = 0

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8 0
2 years ago
A high rate of _____ is resulted from nonuse of condoms
AlladinOne [14]
A high rate of human immunodeficiency virus (HIV) is resulted from nonuse of condoms. 
This is usually true for gay men, however, there are a lot of cases with straight people transferring HIV because they didn't use condoms during sex. This should be avoided at any cost, if you want to prevent unwanted pregnancies and the transfer of various STDs.
8 0
3 years ago
Outsourcing some production is a means of supporting a constraint. Group of answer choices TRUE FALSE
lesya692 [45]

It is a false statement that outsourcing some process in production is a means of supporting a constraint.

<h3>What is an outsourcing?</h3>

An outsourcing refers to act of hiring external body to perform services that are normally performed in-house of the company by the employees.

Rather, the use of outsourcing some of production is intended to overcome some organization constraints.

Therefore, the statement is false.

Read more about outsourcing

<em>brainly.com/question/4456416</em>

3 0
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