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Jim’s Videotaping Service recentlyplaced an order for VHS videotape. Jim ordered 6 cases ofHigh-Grade, 4 cases of Performance High-Grade, 8 cases of Standard,3 cases of High Standard, and 1 case of Low Grade. Each casecontains 24 tapes. Suppose a case of High-Grade costs $28,Performance High Grade costs $36, Standard costs $16, High Standardcosts $18 and Low costs $6.
a) What is the average cost per case to Jim?
b) What is the average cost per tape to Jim?
c) Suppose Jim will sell any tape for $1.25. Is this a good businesspractice for Jim?
d) How would your answers to pars a-c change if there were 48 tapesper case?
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