Purchase? Question: 7Tech Zone Store offers volume discounts: 0-100 units at $50each, 101-200 units at $45 each, over 200 units at $40 each. Ifa customer orders 250 units, their total purchase cost is?

Tech Zone Store has different prices depending on the number of units ordered:0 to 100 units cost…

Answered: Question: 7 Tech Zone Store offers…

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter5: Inventories And Cost Of Goods Sold

Section: Chapter Questions

Problem 5.5DC

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Similar questions

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You place an order for 310 units of inventory at a unit price of $160. The supplier offers terms of 1/15, net 90. a-1. How long do you have to pay before the account is overdue? Days until overdue days a-2. If you take the full period, how much should you remit? (Omit "$" sign In your response.) Remittance $ b-1. What is the discount being offered? Discount offered Remittance b-2. How quickly must you pay to get the discount? Number of days days b-3. If you do take the discount, how much should you remit? (Omit "$" sign in your response.) %6 $ c-1. If you don't take the discount, how much interest are you paying implicitly? (Omit "$" sign in your response.) Implicit interest $ c-2. How many days' credit are you receiving? Days' credit days
Suppose a certain appliance store purchases the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total. (Round your answers to the nearest cent.) Quantity Unit Merchandise Unit List 150 300 18 12 ea. ea. doz. Blenders Toasters Coffee Mills doz. Juicers $39.95 Trade Discounts $244.30 20/15/15 $37.88 20/10/10 30/9/6 $480.00 25/10/5 Invoice subtotal LA 1 Extra 5 % volume discount on total order $ 2 Invoice total $ +A Extended Total
Multiple choice
Question 2 Solve the problem. Round to the nearest cent. The list price of a keyboard is $597. If the series discount offered is 10/25/35, what is the net cost after trade discounts OA. $261.93 O B. $335.07 Oc. $179.10 OD. $417.90
what is the total price of the first invoice that activates the chain discount?
Use the complement method to find the net price of 48 glasses that cost $145 if the company offers a 40% trade discount rate? A. $45 B. $65 C. $78 D. $87
Subject: Acounting
Help please
Complete the following table: (Do not round intermediate calculations. Round your final answers to the nearest cent.) Chain Trade Item List price discount Net price discount Sony digital camera 331 4/2/6 ......... M %24
Help please
Fainprogress=talse Upc Norfolk Sporting Goods purchases merchandise with a catalog list price of $12,000. The retailer receives a 44% trade discount and credit terms of 2/10, n/30. What amount should Norfolk debit to the merchandise inventory account (Round your answer to the nearest dollar)? O a. S6,720 Ob. S12,000 O c. S6,586 Od. $134 Next (Previous Submit Test for Grading Email Instructor 11:18 P All work saved. 10/24/2 64°F A EI 4) 99+ S

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Question: 7 Tech Zone Store offers volume discounts: 0-100 units at $50 each, 101-200 units at $45 each, over 200 units at $40 each. If a customer orders 250 units, their total purchase cost is?