Suppose that a product's value is $1000. The manufacturer experiences a holding cost of 2.5% per month. The firm ships the product across country by truck, and it arrives six days later. The shipping cost is $80 per unit
What is the holding cost on each unit shipped? (Assume 30 days per month.)
A) $0.83
B) $5.00
C) $0.07
D) $0.40
E) $150.00
B
Business
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a. included in the inventory of the seller. b. included in the inventory of the buyer. c. included in the inventory of the shipping company. d. none of these.
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CDs that have small denominations (such as $10,000 or less) are sometimes referred to as retail CDs because they are more attractive to individuals than to firms
Indicate whether the statement is true or false.
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