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Jasper Company is a wholesaler that buys merchandise in large quantities. Its supplier’s catalog indicates a list price of $500 per unit on merchandise Jasper intends to purchase, and offers a 30% trade discount for large quantity purchases. The cost of shipping for the merchandise is $7 per unit. Jasper’s total purchase price per unit will be:

Respuesta :

Nonicorp1

Answer:

Total purchase price per unit=$357

Explanation:

This can be expressed as;

Total purchase price per unit=Price per unit cost+shipping cost-discount per unit purchase

where;

Price per unit cost=$500

shipping cost= $7

discount per unit purchase=30% of price per unit cost=(30/100)×500= $150

Replacing;

Total purchase price per unit=Price per unit cost+shipping cost-discount per unit purchase

Total purchase price per unit=(500+7-150)=$357

Total purchase price per unit=$357

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