1. Joseph is buying electrical modules for his company based in Florida. He is purchasing 60,000 modules per year in 12

[answerhappygod]

1. Joseph is buying electrical modules for his company based in
Florida. He is purchasing 60,000 modules per year in 12 equal
monthly shipments from Thailand at a quoted unit price of $19.50
each. For each shipment, Joseph must purchase Marine Insurance at
$0.50 per $100 of shipment. Shipment valuation is based on quoted
unit price. How much are the insurance costs per shipment?
Group of answer choices
$550
$487.50
$50
$1950
$0.50
2. The landlord's favorite place to buy shrimp in New Orleans
was Cajun Seafood Market on Claiborne St. In fact, he often
makes a special trip there from his home to stock up. His
trip is 685 miles each way and even though gas is available at
$1.88 per gallon and the car achieves 25 miles per gallon, it is an
expensive and lengthy trip. Sometimes, he'll buy a plane
ticket at $299 round trip and incurs a baggage fee of $35 round
trip for his cooler.
He has the Seafood Market pack the shrimp with ice into his
cooler. This packing fee costs $12 whether he flies or
drives. The shrimp sell for $7.99 per pound and he fits 35 pounds
of the crustaceans in the cooler. How much additional landed
cost per pound of shrimp is the landlord paying to fly vs.
drive?
Group of answer choices
$6.60
$16.88
$9.89
$11.28
3. An extended vacation in Europe is on your "to do" list.
You hope to do it 3 years from now and need to budget for it.
So, you decided to invest $2000 today and hope to earn 5.5% per
yr. After 3 yrs, how much money will you have saved for your
trip?
Group of answer choices
$3100
$2550
$2348
Not enough is available
$2110