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PLEASE ADVISE Required information [The foiiowing information applies to the questions displayed bellow;r Hult Games buys electronic components for manufacturing from two suppliers, Milan Components

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Required information [The foiiowing information applies to the questions displayed bellow\";r Hult Games buys electronic components for manufacturing from two suppliers, Milan Components and Dundee Parts. If the components are delivered late, the shipment to the customer is delayed. Delayed shipments lead to contractual penalties that call for Hult to reimburse a portion ofthe purchase price to the customer. During the past quarter, the purchasing and delivery data for the two suppliers showed the following. Milan Dundee Total Total purchases (cartons) 91,860 39,860 138,860 Average purchase price (per carton] 5 22.60 5 24 5 22.60 Number of deliveries 60 40 130 Percentage of late deliveries 25% 10% 19% The Accounting Depa rtment recorded $533,000 as the cost of late deliveries to customers. Required: Assume that the average quality, measured by the percentage of late deliveries, and prices from the two companies will continue as in the past. What is the effective price for components from the two companies when late deliveries are considered? {Do not round intermediate calculations. Round your answers 1.0 2 decimal places.) Milan

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