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Management of Pharoah, Inc., an electronic games manufacturer, is planning to purchase flash memory from one of two sources. Kyoto, Inc., quotes a price of

image text in transcribed Management of Pharoah, Inc., an electronic games manufacturer, is planning to purchase flash memory from one of two sources. Kyoto, Inc., quotes a price of 5,500 per gigabyte. The current exchange rate is 102.10/$. Another Japanese manufacturer offers to supply the same flash memory at a price of 57.10 per gigabyte. The spot rate available is 126.17/. 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 Pharoah? has the cheaper source of flash memory forPharoah

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