Please show all work, thank you! Consider the Redwing Automotive total cost info

Question

Please show all work, thank you!

Consider the Redwing Automotive total cost information summarized in the following table. EEE Click the icon to view the cost table PLS would need to reduce its per-unit price by n order to match the SBC landed cost. (Enter your response round This translates into a price decrease. (Enter your response as a positive number rounded to one decimal place. Fnter your answer in each of the answer hoxes. More info SBC quote Unit price Packing Freigh Landed cost: PLS quote Unit price Packing Inland transportation Freight forwarder's fee Ocean transportation Marine insurance U.S. port handling Customs duty Customs broker's fee U.S. transportation Warehousing Administrative time Paperwork Landed cost: Print Done Per unit $25.00 0.75 0.73 $26.48 $21.50 1.00 0.12 0.02 1.24 0.11 0.38 1.08 0.00 1.86 0.60 0.02 0.00 $27.93

Explanation / Answer

SBC landed cost= $26.48

PLS landed cost= $27.93

Difference in cost = 27.93-26.48=$1.45

Therefore, PLS would need to reduce it’s per unit price by $1.45

Percentage price decrease = 1.45/26.48*100= 5.47%

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