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Calculate the tax paid and total for below cameras Таx 7.5% Item Price Тax Paid Total 1 Olympus $ 420.00 2 Kodak $ 450.00 3 Sony $ 295.00 4 Fujifilm $ 695.00 5 Canon $ 225.00 6 JVC $ 300.00

Calculate the tax paid and total for below cameras Таx 7.5% Item Price Тax Paid Total 1 Olympus $ 420.00 2 Kodak $ 450.00 3 Sony $ 295.00 4 Fujifilm $ 695.00 5 Canon $ 225.00 6 JVC $ 300.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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calculate tax

Calculate the tax paid and total for below cameras Таx 7.5% Price |Таx Paid Total Item 1 Olympus 420.00 2 Kodak $ 450.00 3 Sony 295.00 4 Fujifilm 5 Canon $ 695.00 2$ 225.00 6 JVC $ 300.00 2) Reservation Fee Let's say you're planning an event and want to invite as many people as you can without exceeding a budget of $1200. We can use Goal Seek to figure $150 Cost per person No of guest $30.00 out how many people to invite. Total is calculated as = (cost per person * no of people)+Reservation fee Total Budget $1,200 3) Month Sales $ 156,700.21 $ 173,987.00 $ 194,302.00 Jan Dave's monthly sales amounts for the first half of the year. If he reaches a $200,000 mid-year Feb average, (calculate average first) he will receive a 5% bonus. Use Goal Seek to find how much he needs to sell in June in order to make the $200,000 average. Mar Apr $ 202,002.00 May $ 213,422.00 Jun Average Sale
Transcribed Image Text:Calculate the tax paid and total for below cameras Таx 7.5% Price |Таx Paid Total Item 1 Olympus 420.00 2 Kodak $ 450.00 3 Sony 295.00 4 Fujifilm 5 Canon $ 695.00 2$ 225.00 6 JVC $ 300.00 2) Reservation Fee Let's say you're planning an event and want to invite as many people as you can without exceeding a budget of $1200. We can use Goal Seek to figure $150 Cost per person No of guest $30.00 out how many people to invite. Total is calculated as = (cost per person * no of people)+Reservation fee Total Budget $1,200 3) Month Sales $ 156,700.21 $ 173,987.00 $ 194,302.00 Jan Dave's monthly sales amounts for the first half of the year. If he reaches a $200,000 mid-year Feb average, (calculate average first) he will receive a 5% bonus. Use Goal Seek to find how much he needs to sell in June in order to make the $200,000 average. Mar Apr $ 202,002.00 May $ 213,422.00 Jun Average Sale
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