Hello question is attached, thanks. **Hult Games Supplier Analysis**Hult Games buys electronic components for manufacturing from two suppliers: Milan Components and Dundee Parts. If the components are delivered late, the shipment to the customer is delayed, leading to contractual penalties that require Hult to reimburse a portion of the purchase price to the customer.**Purchasing and Delivery Data:**During the past quarter, the purchasing and delivery data for the two suppliers showed the following:- **Milan:** - Total purchases (cartons): 100,000 - Average purchase price (per carton): $20.00 - Number of deliveries: 80 - Percentage of late deliveries: 25%- **Dundee:** - Total purchases (cartons): 60,000 - Average purchase price (per carton): $22.00 - Number of deliveries: 20 - Percentage of late deliveries: 10%- **Total:** - Total purchases (cartons): 160,000 - Average purchase price (per carton): $20.75 - Number of deliveries: 100 - Percentage of late deliveries: 22%The Accounting Department recorded $496,000 as the cost of late deliveries to customers.**Required Analysis:**Assume that the average quality, measured by the percentage of late deliveries, and prices from the two companies will continue as in the past. Calculate the effective price for components from the two companies when late deliveries are considered. Do not round intermediate calculations. Round your answers to two decimal places.**Effective Cost Per Carton:**- **Milan:** - To be calculated.- **Dundee:** - To be calculated.

The total amount of expenditure incurred on producing a specific product or service refers to the…

Required: Assume that the average quality, measured by the percentage of late deliveries, and prices from the two companies will continue as in the past. What is the effective price for components from the two companies when late deliveries are considered? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Effective Cost Per Carton Milan Dundee

Required: Assume that the average quality, measured by the percentage of late deliveries, and prices from the two companies will continue as in the past. What is the effective price for components from the two companies when late deliveries are considered? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Effective Cost Per Carton Milan Dundee

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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