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stellarik [79]
4 years ago
15

You go to a local mechanic to get your tires changed. The tires cost $300. There is a 6% sales tax, but you get a 10% discount.

There is also a $10 non-taxable disposal fee for your old tires, which the mechanic tells you is not subject to discount. 18. Write a function, t(x) for the total purchase amount after taxes, ignoring any discounts and fees.
Business
2 answers:
erik [133]4 years ago
7 0

Answer:

X= cost of the tires

t(x)= (.9*X+10)*1.06

If x = 300, then the costo is (.9*300 + 10) *1.06 = (270 + 10)* 1.06 = 280 * 1.06 = $296.80

If the tax is appplied first and then the discount is applied, your formula would be:

t(x) = (x+10)*1.06 - (-1*x)

If x is equal to $300, the cost is $310 * 1.06 - .1*300 = $328.60 - $30 = $298.60

you pay mor if the tax is applied first.

Your discounted price of .9*x stems from x - .10*x which becomes (1-.10)*x wich becomes .9*x

Your cost with tax stems from y + .06*x =(1+.06)*y = 1.06*y

Y is the amount of the cost that is taxed.

if the discuount is applied first, then y is equal to (.9*x + 10)

if the discount is applied after, then y is equal to (x+10).

The difference is the tas on the discount

Explanation:

guapka [62]4 years ago
6 0

Answer:

t(x)= x+0.06x\\

or

t(x)= 1.06*x

Explanation:

if we take x as the tyre cost ($ 300)

Tax = 6%

the function ignoring the discounts and fees would be:

t(x)= x+0.06x

Now including discounts and fees, can be done by two ways

1) adding taxes before discount

To the price 300 add 6% tax = 318

discount would be 318 * 10% = 31.8

then the cost is 318 - 31.8 = 286.2

2) adding taxes after discount

To the price (300) we will apply the 10% discount

discount would be 300 * 10% = 30

price now will be 300- 30 = 270

now to the calculated price add the 6% tax

270* 1.06 = 286.2

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Answer:

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PV of guarantee residual value = $20,300 x ( 1 + 11%)^-6 = $10,853

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9 0
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Radford Inc. manufactures a sugar product by a continuous process, involving three production departments-Refining, Sifting, and
Leni [432]

Answer: Please find answers in explanation column

Explanation:

To record flow of cost of raw materials

     Account                                               Debit           Credit  

1) Work in process-Refining department $385,000  

            Raw           Materials                                            $385,000

To record flow of  labour cost

Account                                                         Debit           Credit  

2) Work in process-Refining department    $143,000  

          Wages payable                                $143,000

To record applied factory overhead

Account                                                           Debit           Credit  

3) Work in process-Refining department    $99,000  

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Entry to record the transfer of production costs to the second department, Sifting.

Account                                                    Debit           Credit  

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Work in process-Refining department                           $626,800

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