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Identify the individual cost components and the total cost of delivering the product from supplier to retailer. Identify each cost in terms of the incremental addition to the product cost (Hint: Express your answers in terms of cost per pound-not total cost). Present your findings in the table below using 4 significant digits. Yes, some of these may be very small numbers --- but why might that be important?
Identified Cost
Cost per Pound
Calculation
1. Original unit price
$0.3900
Given in the case.
2. Ocean Freight charge
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13. General and Administrative fees
Total Landed Cost (Sum of 1-13 above)
Adele Weiss manages the campus flower shop. Flowers must be ordered three days in advance from her supplier in Mexico. Advance sales are so small that Weiss has no way to estimate
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MARGINAL COSTING IS PREFERRED TO ABSORPTION COSTING IN DECISION MAKING WHY
What are the major features of JIT?
Accrued income is an amount earned although not in reality received during the accounting period or till the date of preparation of last accounts for the period concerned. The firs
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