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AVprozaik [17]
3 years ago
13

A laptop computer that you want to purchase was originally priced at $1225. You will receive a 20% student discount, and the sal

es tax rate is 8%. How much money will you pay for the laptop?
Business
1 answer:
professor190 [17]3 years ago
4 0

Answer:

A laptop computer that you want to purchase was originally priced at $1225. You will receive a 20% student discount, and the sales tax rate is 8%. How much money will you pay for the laptop?

$1058.4

Explanation:

20/100 x 1225= 245 discount

1225-245= 980 original student price

price plus sales tax = 8/100= 0.08 x 980= 78.4

78.4 + 980= $1058.4

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What's the question?

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3 years ago
Beginning inventory, purchases and sales data for tennis rackets are as follows:
IRISSAK [1]

Answer:

Cost of goods sold = $836

Ending inventory = $315

Explanation:

a) Data and Calculations:

Date     Description    Units  Unit Price  Balance

Apr. 1    Inventory         12         $45       $540

Apr. 11  Purchase          13         $47       $1,151 ($540 + 13 * $47)

Apr. 14 Sale                 (18)      $100        $315 ($7 * $45)

Sales revenue = $1,800 ($100 * 18)

Cost of goods sold = $836 ($47 * 13 + $45 * 5)

Ending inventory = $315  ($7 * $45)

b) Under the LIFO (Last in, First out) inventory valuation method, it is assumed that goods that were purchased closest to the selling date were the ones to be sold while those purchased earlier remain in inventory.

4 0
2 years ago
Sequential product development has the advantage of not only being a team-oriented approach, but also of being faster in bringin
wariber [46]

Answer:

False

Explanation:

During a sequential product development, each department works to complete its stage before the process continues to the next department.

A team-based new product development approach is used to develop products faster and to be able to sell them faster. This approach does not require that each department finishes its stage before passing to the next one. Instead, several departments work together simultaneously.

6 0
3 years ago
11. King Arthur is going into battle and he needs to decide how many more swords and helmets he should buy. The tables show the
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Can show the tables?
7 0
2 years ago
Lopez Corporation incurred the following costs while manufacturing its product.
aev [14]

Answer:

a. $352,200

b. $372,100

Explanation:

The cost of goods manufactured

<em>Consider only the manufacturing costs</em>

Cost of goods manufactured = $122,200 + $69,200 + $17,600 + $113,100 + $34,000 + $13,300 - $17,200

                                                =$352,200

Cost of goods sold

<em>Add Cost of goods manufactured to the net of Finished inventory balance</em>

Cost of goods sold = $47,900 $68,800 + $352,200 - $47,900

                                = $372,100

6 0
2 years ago
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