Question 62 Your options for shipping $100,000 of machine parts from Hamilton to Malaysia, are: Not yet answered 1) use a ship that will take 30 days at a cost of $3,800 or Marked out of 2) 5 truck the parts to Vancouver and then ship at a total cost of The second option will take only 20 days. You are paid via a letter of credit the day the parts arrive. Your holding cost is estimated at 10% of the value per year. $4,500 Flag question a. Calculate the daily holding cost. Round to two decimal places. (if your answer is $90 then put 90.00) b. Calculate the difference in cost per day between shipping options. Round to two decimal places. (Round to 2 decimal points $82.19 put 82.19 or $100 put 100.00) Daily holding cost Difference in cost/day in shipping options =