Given the following information, what is the total cost per unit of buying a boombox from a Brazilian supplier? Price paid to the supplier for each boombox $42.00/each cubes per boombox 3/each Boomboxes per pallet 80/pallet shipping costs to LA port $4,750/container cubes/container 2400/container Customs fees 3% value of container 3%/container Duties 5% value of container 5%/container US port handling per container $170/container Insurance/container $600/container Transportation to warehouse $1200/container Warehouse movement and storage costs $25/pallet quality control $10/each a) 51,258, b) 42.00, c) 64.07, d) 66.05

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Given the following information, what is the total cost
per unit of buying a boombox from a Brazilian
supplier?
Price paid to the supplier for each boombox
$42.00/each
cubes per boombox 3/each
Boomboxes per pallet 80/pallet
shipping costs to LA port $4,750/container
cubes/container 2400/container
Customs fees 3% value of container 3%/container
Duties 5% value of container 5%/container
US port handling per container $170/container
Insurance/container $600/container
Transportation to warehouse $1200/container
Warehouse movement and storage costs $25/pallet
quality control $10/each
a) 51,258, b) 42.00, c) 64.07, d) 66.05
Transcribed Image Text:Given the following information, what is the total cost per unit of buying a boombox from a Brazilian supplier? Price paid to the supplier for each boombox $42.00/each cubes per boombox 3/each Boomboxes per pallet 80/pallet shipping costs to LA port $4,750/container cubes/container 2400/container Customs fees 3% value of container 3%/container Duties 5% value of container 5%/container US port handling per container $170/container Insurance/container $600/container Transportation to warehouse $1200/container Warehouse movement and storage costs $25/pallet quality control $10/each a) 51,258, b) 42.00, c) 64.07, d) 66.05
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