A certain manufacturing company has the following data on quantities shipped and unit costs for each of its four products.
Products | Base-Period Quantities (Year 1) |
Mean Shipping
Cost per Unit ($) |
|
---|---|---|---|
Year 1 | Year 5 | ||
A | 2,500 | 10.50 | 15.90 |
B | 5,000 | 16.25 | 33.00 |
C | 6,000 | 12.20 | 16.40 |
D | 2,500 | 20.00 | 35.50 |
Use the price data to compute a Paasche index for the shipping cost if year 5 quantities are 3,500, 3,000, 7,500, and 3,000 for products A, B, C, and D, respectively. (Round your answer to the nearest integer.)
I5 =_____________?
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