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11 September, 18:53

A company that manages apartments decides to buy 15 new dishwashers at a list price of $550 each as replacements for old dishwashers in a small apartment complex it owns. Because the company is buying more than 10 dishwashers, it is eligible for a $150-per-unit quantity discount. Financing charges total $20 per unit. The company gets $10 per dishwasher for the 15 dishwashers traded in. What is the final price the company will pay for each dishwasher?

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  1. 11 September, 19:07
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    Answer: $410 per dishwasher

    Explanation: From the question above, 15 new dishwashers were bought at a list price of $550 each.

    it is eligible for a $150-per-unit quantity discount because it is buying more than 10 units at once.

    Financing charges total $20 per unit.

    The company gets $10 per dishwasher for the 15 dishwashers traded in.

    What is the final price the company will pay for each dishwasher?

    Initial cost per unit is $550

    Less discount of $150

    Less trade in discount of $10

    Add finance charge of $20

    Cost per dish washer = $550 - $150 - $10 + $20 = $410.
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