1) 2) CASE 3 An invoice dated 19th November 2021 was received by Shahril for the...

 

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1) 2) CASE 3 An invoice dated 19th November 2021 was received by Shahril for the purchase of an item. The price after trade discount of 12%, 9% and 6% including the transportation cost of RM500 is RM7895. The cash discount term offered was 5/9, 2/15, n/30. Find: a) The list price of the item. b) The total amount paid if the payment was made on 4ht December 2021. The cost price for 35 pairs of sport shoes was RM350 per pair. SG Sports Excel planned to sell all the shoes for a gross profit of 25% based on the cost and the operating expenses were 15% based on the cost. Compute: a) The total selling price SG Sport Excel managed to sell al the shoes. b) The maximum percentage of markdown that can be offered so that SG Sport Excel would not suffer any loss. MARKS /8 35 3 /12 6 6 1) 2) CASE 3 An invoice dated 19th November 2021 was received by Shahril for the purchase of an item. The price after trade discount of 12%, 9% and 6% including the transportation cost of RM500 is RM7895. The cash discount term offered was 5/9, 2/15, n/30. Find: a) The list price of the item. b) The total amount paid if the payment was made on 4ht December 2021. The cost price for 35 pairs of sport shoes was RM350 per pair. SG Sports Excel planned to sell all the shoes for a gross profit of 25% based on the cost and the operating expenses were 15% based on the cost. Compute: a) The total selling price SG Sport Excel managed to sell al the shoes. b) The maximum percentage of markdown that can be offered so that SG Sport Excel would not suffer any loss. MARKS /8 35 3 /12 6 6

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ANSWER 1 A List Price Price after discount Transfortation Cost Discount percent List price when ... View the full answer