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jok3333 [9.3K]
3 years ago
8

Sung owns a plumbing supply store. One of his clients, Village Plumbers, has a charge account with his store. This month Village

Plumbers charged 200 feet of pipe at $0.40 per foot, 150 elbow joints at $0.75 per elbow joint, and 36 outdoor faucets at $2.49 per faucet. Sung must charge 5.5% sales tax on all items sold? What is the balance on Village Plumbers’ charge account?
Business
1 answer:
PilotLPTM [1.2K]3 years ago
4 0

Answer:

$297.66

Explanation:

The total costs of the items would be

200 feet pipe :  200 x $0.40 = $80.00

150 elbow joints:  150 x $0.75 = $112.50

36 outdoor faucets: 36 x $2.49 =<u>$ 89.64</u>

Total cost        <u>  =$282.14</u>

add 5.5% tax

=5.5/100 x $282.14        <u> =$15.52</u>

Total      <u> $297.66</u>

The balance on Village Plumbers’ charge account =$297.66

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A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

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Individuals decide their field of work based on their demands and needs. The childhood experience may also influence the occupation field of the person. Need structure provides the requirement of the person according to their lifestyle and requirements.

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Based on the constant demand assumption in the economic order quantity (EOQ) model, the average cycle inventory is: Question 20
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