Keith Street Barber Shop pays $50 per month for water for the first 15.000 gallons and $3.50 per thousand gallons above 15,000 gallons. Calculate the total water cost when the barber shop uses 13.000 gallons, 16,000 gallons, and 21,000 gallons (Do not round interim calculations. Round your final answers to the nearest cen) Usage Total Water Cost 13,000 gallons 16,000 gallons 21,000 gallons

Keith Street Barber Shop pays $50 per month for water for the first 15.000 gallons and $3.50 per thousand gallons above 15,000 gallons. Calculate the total water cost when the barber shop uses 13.000 gallons, 16,000 gallons, and 21,000 gallons (Do not round interim calculations. Round your final answers to the nearest cen) Usage Total Water Cost 13,000 gallons 16,000 gallons 21,000 gallons

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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Question

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**Water Usage Calculation for Keith Street Barber Shop**

Keith Street Barber Shop's monthly water cost is structured as follows:
- A base fee of $50 for the first 15,000 gallons.
- An additional charge of $3.50 for each thousand gallons used above 15,000 gallons.

Calculate the total water cost for the following usage scenarios:
- 13,000 gallons
- 16,000 gallons
- 21,000 gallons

**Note:** Do not round interim calculations. Round your final answers to the nearest cent.

| Usage | Total Water Cost |
|----------------|------------------|
| 13,000 gallons | |
| 16,000 gallons | |
| 21,000 gallons | |

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