Name: Date: BBIZOI Ch. 4 International Business Problem Solving Assignment Application - Problem Solving ( [31 marks) Use full sentences and show all steps for calculations in order to answer the following questions. Remember to use dollar signs, percentage signs etc. where appropriate in order to earn full marks. 1. Aisha works the same number of hours a week. Her schedule is as follows: 7 hours a day Monday to Friday and 5 hours on Saturday? Assuming there are four weeks per month and 4 weekends. The minimum wage in Ontario is $15.5 per hour and the minimum wage in Alberta is $15. Calculate how much she would get paid in a month if she worked in Ontario and how much she would get paid in Alberta. (8 marks) (4 marks) # of hours worked during the weekdays for a month # of hours worked during the weekends for a month Total hours worked for the month = (4 marks) Pay in Ontario at $15.5 an hour = Pay in Alberta at $15 an hour = 2. The landed cost of a good consists of many components. Calculate the landed cost of a computer using the following data. Vendor cost ($600); transportation charges ($1.50); duties (20% of the vendor cost); taxes (13% of the vendor cost); and broker fees ($4.50/unit). What would it cost to order 50 computers? If the retail markup is 100%, what will each computer sell for in the stores? (9 marks) What is the landed cost? (7 marks) Vendor Cost = Transportation charges = Duties = Taxes = Broker fees = Total landed cost per computer = Total landed cost for 50 computers = What is the retail markup for the computer? (2 marks) Retail sales =