Question

Staples is having a sale and will offer the below discount based on the product we...

Staples is having a sale and will offer the below discount based on the product we buy. What is the companys new cost after the discount is applied?

Item 1 cost = $924 and discount = 35%

Item 2 cost = $1080 and discount = 48%

Item 3 cost = $10,076 discount 45%

0 0
Add a comment Improve this question Transcribed image text
Answer #1

New cost after discount = old cost - old cost ×discount percentage

New cost of item 1 = $924 - $924× 35%

New cost of item 1 = $924. - $323.4

Newcomer of item 1 = 600.6

New cost of item 2 = $ 1080 - $1080× 48%

New cost of item 2 = $ 1080 - $ 518.4

New cost of item 2 = $ 561.6

New cost of item 3 = $ 10076 - $10076×45%

New cost of item 3 = $ 10076 -$ 4534.2

New cost of item 3 = $ 5541.8

Add a comment
Know the answer?
Add Answer to:
Staples is having a sale and will offer the below discount based on the product we...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 1. You work for a manufacturing company that decides to introduce a new product. If your...

    1. You work for a manufacturing company that decides to introduce a new product. If your company offers retailers a 35% discount off list price, what should the list price be to ensure that your company nets $1,600? 2. You buy goods with a list price of $4,500 with terms of 6/15, n/45. If the supplier has a policy of allowing a cash discount for partial payments and you pay $3,000 within the discount period, calculate the amount of credit...

  • Great news from your California-based brother, age 25, who has just landed a new job offer...

    Great news from your California-based brother, age 25, who has just landed a new job offer as digital marketing manager of Groove Inc., one of the best employer on the West Coast. If he were to accept this new job, he expects to earn an annual real income stream of $85,000 until retirement at age 60. Delighted by the great piece of news, he's nevertheless left pondering about how to respond to an acceptance letter he had previously bagged from...

  • Please Answer Quickly Quantity discount program Write a MATLAB program that takes two inputs from the...

    Please Answer Quickly Quantity discount program Write a MATLAB program that takes two inputs from the user, Input 1: a decimal number that is a unit price (the price of one item) in dollars and cents Input 2: an integer that is the quantity of the item to purchase. The program prints 3 outputs, each on its own line: output 1: the total cost with no discount (unit price X quantity) output 2: the amount of discount in dollars and...

  • Doede Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing...

    Doede Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing system allocates two overhead accounts equipment depreciation and supervisory expense to three activity cost pools-Machining Order Filling, and Other-based on resource consumption Data to perform these allocations appear below: Overhead costs Equipment depreciation Supervisory expense $88,000 $12,700 Distribution of Resource Consumption Across Activity Cost Pools: Equipment depreciation Supervisory expense Activity Cost Pools Machining Order Filling 0.50 9.30 0.5e 0.29 Other @.20 0.30 In the...

  • We believe we can sell 870,000 home security devices per year at $45 per piece. They...

    We believe we can sell 870,000 home security devices per year at $45 per piece. They cost $18 to manufacture (variable cost). Fixed production costs run $215,000 per year. The necessary equipment costs $785,000 to buy and would be depreciated at a 25% CCA rate. The equipment would have a zero salvage value after the five-year life of the project. We need to invest $140,000 in net working capital up front; no additional net working capital investment is necessary. The...

  • Question# 21- We believe we can sell 870,000 home security devices per year at $45 per...

    Question# 21- We believe we can sell 870,000 home security devices per year at $45 per piece. They cost $18 to manufacture (variable cost). Fixed production costs run $215,000 per year. The necessary equipment costs $785,000 to buy and would be depreciated at a 25% CCA rate. The equipment would have a zero salvage value after the five-year life of the project. We need to invest $140,000 in net working capital up front; no additional net working capital investment is...

  • Based on the information below, how would this affect Cash Flows from Investing? Activity: Sale of...

    Based on the information below, how would this affect Cash Flows from Investing? Activity: Sale of used equipment that has an original cost of 1,300 and accumulated depreciation of 700, for 600 in Cash a. -600 b.-700 c. -1300 d.600 e.700 f.1300 For the item below, determine whether the amount would be disclosed in the cash flow statement under: Operating (CFO), Investing (CFI), or Financing (CFF), as well as if would be a net increase (+) or decrease (-) in...

  • Engines, Ltd., for a cost of $35 per unit. To evaluate this offer, Troy Engines, Ltd., has gathered the following infor...

    Engines, Ltd., for a cost of $35 per unit. To evaluate this offer, Troy Engines, Ltd., has gathered the following information relating to its own cost of producing the carburetor internally: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead, traceable Fixed manufacturing overhead, allocated Total cost 17,000 Units Per Per Unit Year $ 17 $ 289,000 8 136,000 4 68,000 6* 102,000 9 153,000 $ 44 $ 748,000 *One-third supervisory salaries; two-thirds depreciation of special equipment (no resale...

  • FDC has decided to offer Unicorn Cookies.  We paid, a non-refundable, $120,000 for a marketing survey to...

    FDC has decided to offer Unicorn Cookies.  We paid, a non-refundable, $120,000 for a marketing survey to help us understand food trends prior to settling in on Unicorn as the next new cookie option. FDC thinks that the new cookie will generate $300,000 in incremental sales per year. Fixed costs will be $125,000 per year, and variable costs will be approximately 30% of sales (lots of food coloring).  The capital investment in the equipment needed to produce the new cookies will cost...

  • Salt Company has 6,000 machine hours available to produce either Product 1 or Product 2. The cost...

    Salt Company has 6,000 machine hours available to produce either Product 1 or Product 2. The cost accounting department developed the following unit information for each product: Product 1 Product 2 Sales Price $35 $48 Direct Materials 8 12 Direct Labor 4 3 V. Manu O/H 7 5 F. Manu O/H 4 1 Machine Time Required 15 minutes 60 minutes To satisfy current customer orders, Salt Company must produce at least 800 units of each product. Determine how Salt Company...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT