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Two Water Dancer personal watercraft and a Starlight Trailer were sold on accoun

ID: 2457308 • Letter: T

Question

Two Water Dancer personal watercraft and a Starlight Trailer were sold on account to Sierra Jet Set. The items, with the net cost price of each shown below, were sold at a retail selling price of net cost plus 25%. Remember to include the sales tax. Invoice Number: G4018. Customer Number: 11850. sales tax is 8%

A900R......................WATER DANCER ROCKET..........2...................$7,425.00 = 14,850

AL600 .....................STARLIGHT TRAILER D.............. 1 ...................$891.0 = 891.00

Explanation / Answer

Calculation of the price Water Dancer Rocket Starlight Trailer Cost 7425 891 Profit@25% 1856.25 222.75 Total 9281.25 1113.75 Add: Sales Tax 8% 742.5 89.1 Total Price 10023.75 1202.85 Price is $ 10024 per unit For 2 units 10024*2 20048

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