Complete the invoice itemization by finding the total amount (in $) for each item, the merchandize total (in $), and the total amount of the invoice (in $). Stock # Description Unit Price Amount 4811V Stereo Receivers 50 x $293.50 $   511CX Blu-Ray Players 25 x $136.28 $   6146M Home Theater Systems 40 x $656.12 $   1031A LCD TVs 20 x $594.00 $   Merchandise Total $   Insurance + Shipping $   Invoice Total $

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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(a)
Complete the invoice itemization by finding the total amount (in $) for each item, the merchandize total (in $), and the total amount of the invoice (in $).
Stock # Description Unit Price Amount
4811V Stereo Receivers 50 x $293.50 $  
511CX Blu-Ray Players 25 x $136.28 $  
6146M Home Theater Systems 40 x $656.12 $  
1031A LCD TVs 20 x $594.00 $  
Merchandise Total $  
Insurance + Shipping $  
Invoice Total
(b)
What are the discount date and the net date if the shipment arrived on July 14?
Discount Date ---July---
Net Date ---August___
 
(c)While in transit, five Blu-ray players and four LCD TVs were damaged and will be returned. What is the amount (in $) of the returned merchandise? What is the revised merchandise total (in $)?
 
Returned merchandise$ 
 Revised merchandise total$  
 
(d)What are the amount (in $) of the cash discount and the net amount due if the discount is taken? (Round your answers to the nearest cent.)
 
cash discount$ 
 Net amount due$  
 
(e)If Sound Design sends in a partial payment of $30,000.00 within the discount period, what is the net balance (in $) still due? (Round your answer to the nearest cent.)
$  
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