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
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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