A designer sports department, for a six month period, had billed costs of merchandise amounting to $140000, transportation charges Of $5,400 , earned cash discounts of $8,600 and workroom costs of $1,200. Calculate the total cost of merchandise.
A designer sports department, for a six month period, had billed costs of merchandise amounting to $140000, transportation charges Of $5,400 , earned cash discounts of $8,600 and workroom costs of $1,200. Calculate the total cost of merchandise.
Solution
costs of merchandise amounting =Â Â $140000
transportation charges = $5,400
cash discounts = $8,600
workroom costs =$1,200
total cost of merchandise = costs of merchandise + expenses -purchase discounts
= $140000+$5,400+$1,200 - $ 8,600 = $138000
total cost of merchandise =$138000
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Designer Sports Dept Total Merchandise Cost $138,000
1. A designer sports department, for a six month period, had billed costs of merchandise amounting
to $140000, transportation charges Of $5,400 , earned cash discounts of $8,600 and workroom
costs of $1,200. Calculate the total cost of merchandise.
A designer sports department, for a six month period, had billed costs of merchandise amounting
to $140000, transportation charges Of $5,400 , earned cash discounts of $8,600 and workroom
costs of $1,200. Calculate the total cost of merchandise.
Solution
costs of merchandise amounting =Â Â $140000
transportation charges = $5,400
cash discounts = $8,600
workroom costs =$1,200
total cost of merchandise = costs of merchandise + expenses -purchase discounts
= $140000+$5,400+$1,200 - $ 8,600 = $138000
total cost of merchandise =$138000
