Given the following data on a hardware item stocked by Andreas Wieland's paint store in Copenhagen, should the quantity discount be taken D = 8,820 units; S = $15; H = $6; P = $2 Discount price = $1.50 Quantity needed to qualify for discount = 8,820 units The total cost without the discount is $ (round your response to the nearest whole number). The total cost with the discount is $ (round your response to the nearest whole number). Should the quantity discount be taken? O Yes No

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Given
the following data on a hardware item stocked by Andreas Wieland's paint store in Copenhagen, should the quantity discount be taken?
D = 8,820 units; S = $15; H = $6; P = $2
Discount price = $1.50
Quantity needed to qualify for discount = 8,820 units
The total cost without the discount is $
(round your response to the nearest whole number).
The total cost with the discount is $
(round your response to the nearest whole number).
Should the quantity discount be taken?
O Yes
No
Transcribed Image Text:Given the following data on a hardware item stocked by Andreas Wieland's paint store in Copenhagen, should the quantity discount be taken? D = 8,820 units; S = $15; H = $6; P = $2 Discount price = $1.50 Quantity needed to qualify for discount = 8,820 units The total cost without the discount is $ (round your response to the nearest whole number). The total cost with the discount is $ (round your response to the nearest whole number). Should the quantity discount be taken? O Yes No
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