The designer is working on a bid for redecoration of the Granada Hotel. The desired carpet...

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The designer is working on a bid for redecoration of the Granada Hotel. The desired carpet costs $16.50/sq. yd., and a quantity discount is allowed. What will be the billed cost for 42,000 square yards? Discount Schedule Quantity 10.000-30,000 sq. yds. 30,001 - 50,000 sq. yds. Over 50,000 sq. yds. Merchandise with a total price of $2.896 has discounts of 45% and 15% and is sold with a 3% cash discount. How much is saved when the cash discount is taken? Discount 1.0% 1.5% 2.0% Which is the better series of discounts for the retailer? (a) 40%, 15%, and 5% (b) 30%, 20%, and 10% Smith Brothers Fumiture Store buys from a manufacturer that offers discounts of 30%. 15%, and 10%. If the total cost after trade discounts exceeds $6,000, a quantity discount of 0.75% is allowed. The terms are 2/15, n/30. On the following order how much should be remitted when the cash discount is taken? Quantity 3 6 24 2 2 Item Table Chair Chair Hutch Serving cart List Price $900 $230 $180 $1,200 $380 If you were the buyer, which series of discounts would provide the lowest cost to you? The designer is working on a bid for redecoration of the Granada Hotel. The desired carpet costs $16.50/sq. yd., and a quantity discount is allowed. What will be the billed cost for 42,000 square yards? Discount Schedule Quantity 10.000-30,000 sq. yds. 30,001 - 50,000 sq. yds. Over 50,000 sq. yds. Merchandise with a total price of $2.896 has discounts of 45% and 15% and is sold with a 3% cash discount. How much is saved when the cash discount is taken? Discount 1.0% 1.5% 2.0% Which is the better series of discounts for the retailer? (a) 40%, 15%, and 5% (b) 30%, 20%, and 10% Smith Brothers Fumiture Store buys from a manufacturer that offers discounts of 30%. 15%, and 10%. If the total cost after trade discounts exceeds $6,000, a quantity discount of 0.75% is allowed. The terms are 2/15, n/30. On the following order how much should be remitted when the cash discount is taken? Quantity 3 6 24 2 2 Item Table Chair Chair Hutch Serving cart List Price $900 $230 $180 $1,200 $380 If you were the buyer, which series of discounts would provide the lowest cost to you?

Answer rating: 100% (QA)

The billed cost for 42000 square yards of carpet will be 682500 and the detailed explanation is as under Since 42000 square yards comes in the bracket ... View the full answer