Problem 11-3 (Algo) A trucking company publishes the following rates: Shipment Weight Less than 500 pounds 500-999 pounds 1,000-4,999 pounds 5,000-9,999 pounds 10,000 pounds or more Cost per 100 Pounds $ 20.00 $ 18.00 $ 15.50 $ 14.00 $ 13.00 Click here for the Excel Data File Suppose you have 8 shipments to make, each of which weighs 940 pounds. The carrier offers to consolidate them into one shipment of 7,520 pounds but will charge an additional $250 (total) to do so. a. Calculate the total cost with or without consolidated shipment charge. b. Should you agree to consolidate the shipments?
Problem 11-3 (Algo) A trucking company publishes the following rates: Shipment Weight Less than 500 pounds 500-999 pounds 1,000-4,999 pounds 5,000-9,999 pounds 10,000 pounds or more Cost per 100 Pounds $ 20.00 $ 18.00 $ 15.50 $ 14.00 $ 13.00 Click here for the Excel Data File Suppose you have 8 shipments to make, each of which weighs 940 pounds. The carrier offers to consolidate them into one shipment of 7,520 pounds but will charge an additional $250 (total) to do so. a. Calculate the total cost with or without consolidated shipment charge. b. Should you agree to consolidate the shipments?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Problem 11-3 (Algo)
A trucking company publishes the following rates:
Shipment Weight
Cost per 100 Pounds
Less than 500 pounds
500-999 pounds
1,000-4,999 pounds
5,000-9,999 pounds
10,000 pounds or more
$ 20.00
$ 18.00
$ 15.50
$ 14.00
$ 13.00
Click here for the Excel Data File
Suppose you have 8 shipments to make, each of which weighs 940 pounds. The carrier offers to consolidate them into one shipment
of 7,520 pounds but will charge an additional $250 (total) to do so.
a. Calculate the total cost with or without consolidated shipment charge.
b. Should you agree to consolidate the shipments?
Complete this question by entering your answers in the tabs below.
Required A
Required B
Calculate the total cost with or without consolidated shipment charge.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Total cost using individual shipments
Total cost using consolidated shipment
< Required A
Required B >
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