Question: Use the following information to answer questions 3 - 8 Calculate the total cost to ship 6 0 boxes of non - perishable goods valued

Use the following information to answer questions 3-8
Calculate the total cost to ship 60 boxes of non-perishable goods valued at $140 per box. Fast Shipper has quoted you $6 a box to ship over six days and Mega Fast has quoted you $7.50 over five days. Your finance department has given you a holding cost of sixteen percent.
Question 3(1 point)
Fast Shipper total freight cost is:
Question 3 options:
$840
$360
$320
$480
Question 4(1 point)
Fast Shipper total holding cost is:
Question 4 options:
17.48
21.13
22.09
23.08
Question 5(1 point)
The total cost (freight and holding) for Fast Shipper is:
Question 5 options:
382.09
377.48
383.08
381.13
Question 6(1 point)
The CLOSEST total cost for Mega Fast (freight and holding) is:
Question 6 options:
432.88
466.81
395.12
410.08
Question 7(1 point)
The holding cost per year for your company is:
Question 7 options:
380.00
8064.00
1344.00
Not enough information is provided to answer this question
Question 8(1 point)
In this situation, what shipper would you select? BRIEFLY (1 or 2 sentences) state why.

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