The total cost of gift baskets include the cost of each basket and a one time delivery fee. The cost of the basket is the same regardless of how many the customers orders.
One company bought 40 baskets for a total of $715 and another company bought 400 baskets for $5,935. What is the cost per basket? What is the cost for the one-time delivery fee?
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To find the cost per basket, you need to divide the total cost of the baskets by the number of baskets purchased. Let's calculate it step by step for each company.
For the first company:
Total cost = $715
Number of baskets = 40
Cost per basket = Total cost / Number of baskets
Cost per basket = $715 / 40
Cost per basket = $17.875
Therefore, the cost per basket for the first company is $17.875.
For the second company:
Total cost = $5,935
Number of baskets = 400
Cost per basket = Total cost / Number of baskets
Cost per basket = $5,935 / 400
Cost per basket = $14.8375
Therefore, the cost per basket for the second company is $14.8375.
Now, let's calculate the one-time delivery fee. Since the delivery fee is a one-time fee, we can find it by subtracting the cost of the baskets from the total cost.
For the first company:
One-time delivery fee = Total cost - Cost of baskets
One-time delivery fee = $715 - (Cost per basket * Number of baskets)
One-time delivery fee = $715 - ($17.875 * 40)
One-time delivery fee = $715 - $715
One-time delivery fee = $0
Therefore, the one-time delivery fee for the first company is $0.
For the second company:
One-time delivery fee = Total cost - Cost of baskets
One-time delivery fee = $5,935 - (Cost per basket * Number of baskets)
One-time delivery fee = $5,935 - ($14.8375 * 400)
One-time delivery fee = $5,935 - $5,935
One-time delivery fee = $0
Therefore, the one-time delivery fee for the second company is $0.
In summary:
- The cost per basket for the first company is $17.875 and there is no one-time delivery fee.
- The cost per basket for the second company is $14.8375 and there is no one-time delivery fee.