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Hult Games buys electronic components for manufacturing from two suppllers, Milan Components and Dundee Parts. If the components are delivered late, the shipment to the
Hult Games buys electronic components for manufacturing from two suppllers, Milan Components and Dundee Parts. If the components are delivered late, the shipment to the customer is delayed. Delayed shipments lead to contractual penaltles that call for Hult to reImburse a portion of the purchase price to the customer. During the past quarter, the purchasing and delivery data for the two suppliers showed the following. The Accounting Department recorded $676,500 as the cost of late delliverles to customers. ?equired: Issume that the average quality, measured by the percentage of late deliverles, and prices from the two companles will continue as i he past. What is the effectlve price for components from the two companles when late deliverles are considered? (Do not ound Intermedlate calculations. Round your answers to 2 decimal places.)
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