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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

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Chapter
Section
BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

Using the Panorama Products invoice below, extend each line to the Amount column and calculate the subtotal and total. Then answer Questions 9-22. (Note: Although 26 boxes of 2" reflective tape were ordered, only 11 boxes were shipped. Charge only for the boxes shipped.)

Terms of sale _________.

To determine

To calculate: The terms of sale, invoice subtotal and invoice total if unit price of 12 tape is $21.90, unit price of 112 tape is $26.79, unit price of 2 reflexive tape is $88.56 and unit price of sandpaper is $74.84 and shipping charge is $61.45.

Contemporary Mathematics for Business & Consumers, Chapter 7.I, Problem 14RE

Explanation

Given Information:

The unit price of 12 tape is $21.90, unit price of 112 tape is $26.79, unit price of 2 reflexive tape is $88.56 and unit price of sandpaper is $74.84 and shipping charge is $61.45.

Calculation:

Consider the unit price of 12 tape is $21.90, unit price of 112 tape is $26.79, unit price of 2 reflexive tape is $88.56 and unit price of sandpaper is $74.84 and shipping charge is $61.45.

Compute price of 16 cases in tabular form as,

Quantity shipped(cases)

Description

Unit price($)

Amount($)

16

Masking 12 tape

$21.90

350.40

12

Masking 112 tape

$26

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