Question Number 14 You are the head of marketing for a company that is expanding overseas. You have a 210-page employee manual that must be translated into Chinese for the new offices. The company We Translate For You charges $2.75 per page for translation. Their competitor, Translationary, charges $2.35 per page and a $6.25 administrative fee per project. What is the least amount of money you will have to spend to translate the manual

Option B is cheaper. 499.75 against 577.5 of Option A

Explanation:

We need to calculate each alternative

option A

It only has a variable cost, no fixed cost, so we multiply the pages of the manual by their charge per page:

210 pages x 2.75 = 577.50

option B

Here we have a variable cost per page, and a fixed cost, which is an administrative fee per project.

The cost will be multply the manual pages by their charge per page and add the fee

210 pages x 2.35 + 6.25 fee = 499.75

Option A 577.50

Option B 499.75

Option B is cheaper.