You are reviewing a tender evaluation that is to be awarded on lowest total price. The bid evaluations follow: Company Capital Cost Maintenance Disposal A $7,500 20% of capital cost 5% of capital cost $6,700 25% of capital cost 5% of capital cost $6,500 30% of capital cost 5% of capital cost To which company should the contract be awarded?
You are reviewing a tender evaluation that is to be awarded on lowest total price. The bid evaluations follow: Company Capital Cost Maintenance Disposal A $7,500 20% of capital cost 5% of capital cost $6,700 25% of capital cost 5% of capital cost $6,500 30% of capital cost 5% of capital cost To which company should the contract be awarded?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:You are reviewing a tender evaluation that is to be awarded on lowest total price.
The bid evaluations follow:
Company
Capital Cost
Maintenance
Disposal
A
$7,500
20% of capital cost
5% of capital cost
$6,700
25% of capital cost
5% of capital cost
$6,500
30% of capital cost
5% of capital cost
To which company should the contract be awarded?
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