Calculate the electric bill of a residential apartment for the month 'July 2020' considering the following data: Consumed energy= 464 Units (kW-hr) Maximum Connected load = 10 kW Demand charge = 15 BDT/kW/Month Service Charge= 10 BDT/Month VAT= 5% Use the tariff rate given below. Customer Category and Slab SL New Tariff Per Unit Rate (Tk.) Effective from Bill month September, 2015 1 Category A: Residential Life Line: 1-50 Units 3.33 a First Step: From 00 to 75 units 3.80 b Second Step: From 76 to 200 units 5.14 Third Step: From 201 to 300 units 5.36 C Fourth Step: From 301 to 400 units 5.63 Fifth Step: From 401 to 600 units 8.70 e f Sixth Step: From 601 to above 9.98

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
100%
Calculate the electric bill of a residential apartment for the month 'July 2020' considering the following
data:
Consumed energy= 464 Units (kW-hr)
Maximum Connected load = 10 kW
Demand charge = 15 BDT/kW/Month
Service Charge= 10 BDT/Month
VAT= 5%
Use the tariff rate given below.
SL
Customer Category and Slab
New Tariff
Per Unit Rate (Tk.)
Effective from Bill month
September, 2015
1
Category A: Residential
Life Line: 1-50 Units
3.33
First Step: From 00 to 75 units
3.80
a
Second Ste
From 76 to 200 units
5.14
Third Step: From 201 to 300 units
5.36
d
Fourth Step: From 301 to 400 units
5.63
Fifth Step: From 401 to 600 units
8.70
e
f
Sixth Step: From 601 to above
9.98
Transcribed Image Text:Calculate the electric bill of a residential apartment for the month 'July 2020' considering the following data: Consumed energy= 464 Units (kW-hr) Maximum Connected load = 10 kW Demand charge = 15 BDT/kW/Month Service Charge= 10 BDT/Month VAT= 5% Use the tariff rate given below. SL Customer Category and Slab New Tariff Per Unit Rate (Tk.) Effective from Bill month September, 2015 1 Category A: Residential Life Line: 1-50 Units 3.33 First Step: From 00 to 75 units 3.80 a Second Ste From 76 to 200 units 5.14 Third Step: From 201 to 300 units 5.36 d Fourth Step: From 301 to 400 units 5.63 Fifth Step: From 401 to 600 units 8.70 e f Sixth Step: From 601 to above 9.98
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Cost estimation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education