Question: Aug . 9 Sold 4 8 , 3 2 0 pounds of lumber with a sales price of $ 5 . 5 0 per pound

Aug.9 Sold 48,320 pounds of lumber with a sales price of $5.50 per pound to customer Homes Unlimited. Homes Unlimited paid with cash. The cost for this sale is $1.35 per pound.Aug.10 Sold 34,700 pounds of lumber with a sales price of $6.75 per pound to customer Barry Njegren. Njegren paid using his in-house credit account. Terms of the sale are 4/15, n/35. The cost for this sale is $1.20 per pound.Aug.11 Sold 50,330 pounds of lumber with a sales price of $4.60 per pound to customer Goodson Houses. Goodson paid using its American credit card. The cost for this sale is $1.40 per pound. American Credit Card Company charged Lumber Wholesale a 2.5% usage fee based on the total sale per transaction.Aug.14 American Credit Card Company made a cash payment in full to Lumber Wholesale for the transaction from August 11, less any usage fees.Aug.25 Barry Njegren paid his account in full with a cash payment, less any discounts.

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