Delivery charges. Refer to Problem 73. Federated Shipping, a competing overnight delivery service, informs the customer in Problem 73 that they would ship the 5 -pound package for $29 .95 and the 20 -pound package for $59 .20 . (A) If Federated Shipping computes its cost in the same manner as United Express, find the base price and the surcharge for Federated Shipping. (B) Devise a simple rule that the customer can use to choose the cheaper of the two services for each package shipped. Justify your answer.
Delivery charges. Refer to Problem 73. Federated Shipping, a competing overnight delivery service, informs the customer in Problem 73 that they would ship the 5 -pound package for $29 .95 and the 20 -pound package for $59 .20 . (A) If Federated Shipping computes its cost in the same manner as United Express, find the base price and the surcharge for Federated Shipping. (B) Devise a simple rule that the customer can use to choose the cheaper of the two services for each package shipped. Justify your answer.
Solution Summary: The author calculates the base price and the surcharge for Federated shipping service.
Delivery charges. Refer to Problem 73. Federated Shipping, a competing overnight delivery service, informs the customer in Problem 73 that they would ship the
5
-pound package for
$29
.95
and the
20
-pound package for
$59
.20
.
(A) If Federated Shipping computes its cost in the same manner as United Express, find the base price and the surcharge for Federated Shipping.
(B) Devise a simple rule that the customer can use to choose the cheaper of the two services for each package shipped. Justify your answer.
17) The Musical Instrument Store estimates costs of $18,750.00 annually to carry inventory of
musical instruments and accessories. The costs include 12% for storage, 12% for interest, and
5% for transportation. What is the value of the inventory?
5. Calculate your after tax monthly income on problem
# 2 above, if you pay 18% federal income tax, 6%
social security, and 1% medicare.
6. Calculate your after tax monthly income on problem
#3 above, if you pay 20% federal income tax, 6%
social security, and 1% medicare.
7. Calculate your monthly take home income for
problem #4 above, if you pay $50 a month for health
insurance and $20 a month toward retirement.
8. Calculate your monthly take home income for
problem #5 above, if you pay $75 a month for health
insurance and $40 a month toward retirement.
9. Calculate your monthly take home income for
problem #6 above, if you pay $100 a month for health
insurance and $50 a month toward retirement.
10. What was the best thing you did over spring break,
and did anything funny happen over spring break?
Problems 9 and 10 concern the following situation.
Vera's gross weekly pay is $976.42. From each
(weekly) paycheck $135.32 is deducted for federal
tax, $50.27 for state tax, 6.5% for Social Security,
and 1.5% for Medicare. Also, her weekly living
expenses are $465.27.
9) What is Vera's weekly disposable income?
A) $281.09
B) $270.18
C) $269.27
D) $258.36
E) $247.45
Chapter 4 Solutions
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences
A Survey of Mathematics with Applications (10th Edition) - Standalone book
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