The buyer purchases coats at a cost of $137.50 per dozen. The following purchases were made: Order Quantity Discount Schedule Month Q'ty Cumulative Q'ty Discount% March 5 dozen 1-7 dozen 0.0% May 5 dozen 8-14 dozen 1.0% July 6 dozen 15-21 dozen 2.0% December 7 dozen over 21 dozen 3.0% Based on the above discount schedule, how much cumulative quantity discount ($) was granted to the buyer? The vendor granted the following discounts if the buyer purchased in lots of: 1 to 10 dozen (0.0% ) 11 to 20 dozen (1.0%) 21 to 30 dozen (2.0%) over 30 dozen (3.0%) A buyer purchased 11 dozen scarves at $12.25 per dozen. What would be the quantity discount ($) for this purchase? The vendor granted the following discounts if the buyer purchased in dollar amounts of: less than $20,000 (0.0 percent ) $20,001 to $40,000 (1.0 percent ) $40,001 to $60,000 (2.0 percent ) more than $60,000 (3.0 percent ) A buyer purchased $7,000 worth of vests. If this were the only discount granted for this purchase, what would be the billed cost?
The buyer purchases coats at a cost of $137.50 per dozen. The following purchases were made: Order Quantity Discount Schedule Month Q'ty Cumulative Q'ty Discount% March 5 dozen 1-7 dozen 0.0% May 5 dozen 8-14 dozen 1.0% July 6 dozen 15-21 dozen 2.0% December 7 dozen over 21 dozen 3.0% Based on the above discount schedule, how much cumulative quantity discount ($) was granted to the buyer? The vendor granted the following discounts if the buyer purchased in lots of: 1 to 10 dozen (0.0% ) 11 to 20 dozen (1.0%) 21 to 30 dozen (2.0%) over 30 dozen (3.0%) A buyer purchased 11 dozen scarves at $12.25 per dozen. What would be the quantity discount ($) for this purchase? The vendor granted the following discounts if the buyer purchased in dollar amounts of: less than $20,000 (0.0 percent ) $20,001 to $40,000 (1.0 percent ) $40,001 to $60,000 (2.0 percent ) more than $60,000 (3.0 percent ) A buyer purchased $7,000 worth of vests. If this were the only discount granted for this purchase, what would be the billed cost?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
- The buyer purchases coats at a cost of $137.50 per dozen. The following purchases were made:
|
Order |
|
Quantity Discount Schedule |
||
|
Month |
Q'ty |
|
Cumulative Q'ty |
Discount% |
|
March |
5 dozen |
|
1-7 dozen |
0.0% |
|
May |
5 dozen |
|
8-14 dozen |
1.0% |
|
July |
6 dozen |
|
15-21 dozen |
2.0% |
|
December |
7 dozen |
|
over 21 dozen |
3.0% |
Based on the above discount schedule, how much cumulative quantity discount ($) was granted to the buyer?
- The vendor granted the following discounts if the buyer purchased in lots of:
1 to 10 dozen (0.0% )
11 to 20 dozen (1.0%)
21 to 30 dozen (2.0%)
over 30 dozen (3.0%)
A buyer purchased 11 dozen scarves at $12.25 per dozen. What would be the quantity discount ($) for this purchase?
- The vendor granted the following discounts if the buyer purchased in dollar amounts of:
less than $20,000 (0.0 percent )
$20,001 to $40,000 (1.0 percent )
$40,001 to $60,000 (2.0 percent )
more than $60,000 (3.0 percent )
A buyer purchased $7,000 worth of vests. If this were the only discount granted for this purchase, what would be the billed cost?
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