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Management of Cullumber, Inc., an electronic games manufacturer, is planning to purchase flash memory from one of two sources. Kyoto, Inc., quotes a price of
Management of Cullumber, Inc., an electronic games manufacturer, is planning to purchase flash memory from one of two sources. Kyoto, Inc., quotes a price of 6,300 per gigabyte. The current exchange rate is 102.80/$. Another Japanese manufacturer offers to supply the same flash memory at a price of 56.10 per gigabyte. The spot rate available is 126.25/. What is the cost per gigabyte for both vendors. (Round intermediate calculations of cross rate to 4 decimal places e.g. 15.2578, Cost from Vendor 1, Vendor 2 and final answer to 2 decimal places, e.g. 15.25.) Which is the cheaper source of flash memory for Cullumber? has the cheaper source of flash memory forCullumber
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