THEORETICAL BEST PRICE-PROBLEM 2 A buyer is sourcing a new item and has collected the following cost information from three suppliers (see Table 10.9). First, calculate the TBP, given this set of data. Second, complete each row and column of Table 10.10. Table 10.9 Direct Labor Direct Materials Overhead SG&A Profit Price Supplier A $18.75 $22.18 $25.76 $5.80 $7.75 $80.24 Supplier B $20.20 $22.05 $29.75 $5.20 $6.90 $84.10 Supplier C $19.90 $21.87 $28.34 $6.28 $6.50 $82.89 TBP: Table 10.10 Standardized against the best cost Supplier A Supplier B Supplier C Direct Labor Direct Materials Overhead SG&A Profit Price-to-best-price Ratio How can a buyer obtain the cost data necessary to arrive at a TPB? THEORETICAL BEST PRICE-PROBLEM 2 A buyer is sourcing a new item and has collected the following cost information from three suppliers (see Table 10.9). First, calculate the TBP, given this set of data. Second, complete each row and column of Table 10.10. Table 10.9 Direct Labor Direct Materials Overhead SG&A Profit Price Supplier A $18.75 $22.18 $25.76 $5.80 $7.75 $80.24 Supplier B $20.20 $22.05 $29.75 $5.20 $6.90 $84.10 Supplier C $19.90 $21.87 $28.34 $6.28 $6.50 $82.89 TBP: Table 10.10 Standardized against the best cost Supplier A Supplier B Supplier C Direct Labor Direct Materials Overhead SG&A Profit Price-to-best-price Ratio How can a buyer obtain the cost data necessary to arrive at a TPB