Suppose a certain appliance store purchases the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total. (Round your answers to the nearest cent.) Quantity Unit Merchandise Unit List 150 300 18 12 ea. ea. Blenders Toasters doz. Coffee Mills doz. Juicers $39.95 $37.88 $244.30 Trade Discounts 20/15/15 20/10/10 30/9/6 $480.00 25/10/5 Extra 5-¹% volume discount on total order $ Invoice total $ $ Invoice subtotal $ $ - $ $ Extended Total

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Suppose a certain appliance store purchases the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total.
(Round your answers to the nearest cent.)
Quantity Unit Merchandise Unit List
150
300
18
12
ea.
ea.
doz.
Blenders
Toasters
Coffee Mills
doz. Juicers
$39.95
Trade
Discounts
$244.30
20/15/15
$37.88 20/10/10
30/9/6
$480.00 25/10/5
Invoice subtotal
LA
1
Extra 5 % volume discount on total order $
2
Invoice total
$
+A
Extended
Total
Transcribed Image Text:Suppose a certain appliance store purchases the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total. (Round your answers to the nearest cent.) Quantity Unit Merchandise Unit List 150 300 18 12 ea. ea. doz. Blenders Toasters Coffee Mills doz. Juicers $39.95 Trade Discounts $244.30 20/15/15 $37.88 20/10/10 30/9/6 $480.00 25/10/5 Invoice subtotal LA 1 Extra 5 % volume discount on total order $ 2 Invoice total $ +A Extended Total
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