Unit 4 Corrections

Unit 4 Corrections - Siearra Fries Exercise 6 44/60...

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Siearra Fries Exercise 6 44/60 Exercise 6.1 4) L=762.50/.6250 L=$1220.00 10) N= $1136-$760 =$376 D= 376/1176 = 33% 16) 174(1-.1666)(1-.10)(1-.08) 174(.83)(.90)(.92) = $119.58 Net Price $120.06 Amount of Discount $174 - $119.58 = $54.42 -1 Exact Single Rate Discount 1-[(1-.1666)(1-.10)(1-.08)] 1-[(.83)(.90)(.92)] 1-(.6872) = 31.28% 24) N= L(1-.3333)(1-.10)(1-.02) 564.48=L(.67)(.90)(.90) L= 564.48/(.67)(.90)(.98) L= 564.48/.5909 = $955.29 List Price     564.48 0.6 0.9 0.98 564.48 0.6 0.9 0.98 L L & & -1 Exercise 6.2 2) a) June 21 + 10 days = July 1 st
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Siearra Fries Exercise 6 b) July 1 st Discount = 6200-124= $6076 4a) $2412 x 0.03 = $72.36 $2412 – 72.36 = $2339.64 b)$2412 x 0.01 = $24.12 2412- 24.12 = $2387.88 c) 59 days = $2412.00 12) a) 26009.95) = $2470 b) 3000(.98) = $2940 c) $4000 remaining balance Exercise 6.3 2) $50-40=$ 10 profit 4) $25(.40)+$25(.10)+$25(.04) = $13.50 $25- $13.50 = $11.50 TC, $4.02 overhead, $2.32 Profit $17.84 Cost  25(0.6)(0.90)(0.96)  $12.96 S  C  E  P  C  0.35C  0.15C  1.5C  1.5(12.96)  $19.44 Selling price  $19.44 -2 10) a) C+.40(382.20)=382.20 C+ 152.88= 382.20 C – 152.88=382.20- 152.88 C= $229.32
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Siearra Fries Exercise 6 0.4 382.20 1.4 382.20 1.4 273 S C M S C C C C C Cost is $273 -2 b) $382.20 -$229.32=$152.88 MU 152.88/382.20 = 40% M  S C  382.20  273 109.20 109.20 % 0.285714
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