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Kruka [31]
2 years ago
7

A solar panel dealer acquires is used panel for $9,000, with terms FOB shipping point. Compute total inventory cost assigned to

the used panel if additional costs include $1,500 for sales staff salaries. $280 for transportation-in by train. $110 for online advertising. $135 for shipping insurance. $550 for used panel restoration. $300 for lawn care.
Mathematics
1 answer:
malfutka [58]2 years ago
3 0

Answer:

Total inventory cost is $9,965.

Step-by-step explanation:

The terms free on board FOB shipping point implies that the delivery of a good is taken by the buyer after it left the supplier's shipping dock. Therefore, any other relevant cost incurred afterwards will be paid by the buyer.

From the all the cost listed in the question, the $1,500 for sales staff salaries, $110 for online advertising, and $300 for lawn care are NOT related to the inventory cost because they are administrative and sales expenses.

Therefore, the total inventory cost can be calculated using the following relevant cost:

Acquisition cost = $9,000

Transportation-in by train = $280

Shipping insurance = $135

Used panel restoration = $550

Therefore, we have:

Total inventory cost = Acquisition cost + Transportation-in by train + Shipping insurance + Used panel restoration = $9,000 + $280 + $135 + $550 = $9,965.

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Greg is trying to solve a puzzle where he has to figure out two numbers, x and y. Three less than two-third of x is greater than
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Inequation 1: 

\frac{2}{3}x-3 \geq y

to plot the pairs (x, y) for which the inequation holds, draw the line y=\frac{2}{3}x-3

then pick a point in either side of the line. If that point is a solution of the inequation, than color that region of the line, if that point is not a solution, then color the other part of the line.

we do the same for the second inequation. Then the solution, is the region of the x-y axes colored in both cases.

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y+ \frac{2}{3}x\ \textless \ 4

y\ \textless \ - \frac{2}{3} x+ 4



draw the lines 

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ii)y=- \frac{2}{3} x+ 4       use points ( 0, 4),   (3, 2)


let's use the point P(3, 3) to see what region of the lines need to be coloured:

\frac{2}{3}x-3 \geq y  ; 
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2-3 \geq 3, not true so we color the region not containing this point


y+ \frac{2}{3}x\ \textless \ 4
(3)+ \frac{2}{3}(3)\ \textless \ 4
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The graph representing the system of inequalities is the region colored both red and blue, with the blue line not dashed, and the red line dashed.



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