Chapter 7.I, Problem 21RE

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

Chapter
Section

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.)Invoice subtotal ________.

To determine

To calculate: The invoice subtotal 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.

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.

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.

Compute price of 16 cases in the 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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