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ID: 2551403 • Letter: T
Question
t-take8 com/ln/takeAssignment/take AssignmentMain.do?invoker assignments&ctakeAssignmentSessionLocat; y Twitter eChegg Study Order S SunGard Higher Edu S Tesas Southernum, Macmilan Laurchp mpn Ball Super E urchase eBook Calculator Print nem Purchase-Related Transactions retailer is considering the purchase of 250 units of a specific item from either of two suppliers. Their offers are as folla Supplier One: $400 a unit, total of $100,000, 1/10, n/30, no charge for freight Supplier Two: $399 a unit, total of $99,750, 2/10, n/30, plus freight of $975 Price of Supplier One De Price of Supplier Two: Which of the two offers, Supplier One or Supplier Two, yields the lower price? Check My Work
Explanation / Answer
CALCULATION OF THE TOTAL COST OF SUPPLER 1: Total of Sales price = $1,00,000 Less: 1% Discount $1,000 Net Cost $99,000 Add: Freight $0 Total Cost from purhcase of Supplier 1 $99,000 CALCULATION OF THE TOTAL COST OF SUPPLER 2: Total of Sales price = $99,750 Less: 2% Discount $1,995 Net Cost $97,755 Add: Freight $975 Total Cost from purhcase of Supplier 1 $98,730 Price of Supplier One = $99,000.00 Price of Supplier Two = $98,730.00 Supplier Two have the lower price compare to pice of supplier one Note: AS per Chegg answering guidelines I have to answer only first question in multiple unlrealted questions.
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