Question
In: Finance
home depot sells a $1,850 gas grill on the installment plan the installment agreement include a...
home depot sells a $1,850 gas grill on the installment plan the installment agreement include a 20% down payment and 12 monthly payment of $160.what is the total amount of monthly payments
Solutions
Expert Solution
If there are 12 monthly payments of 160 each, then the total amount of monthly payments = 12 x 160
So total total amount of monthly payments = 1920 (The required answer)
So the total cost of the grill is 0.2 x 1880+1920 = $2290 if taken on instalment payment method
jeff jeffy answered 2 years agoRelated Solutions
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Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q
sells three models: a small portable gas grill, a larger stationary
gas grill, and the specialty smoker. In the coming year, Texas-Q
expects to sell 21,200 portable grills, 58,300 stationary grills,
and 5,300 smokers. Information on the three models is as
follows:
Portable
Stationary
Smokers
Price
$95
$201
$249
Variable cost
Per unit
50
129
139
Total fixed cost is $2,358,760.
Required:
1. What is the sales mix of portable grills to...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q
sells three models: a small portable gas grill, a larger stationary
gas grill, and the specialty smoker. In the coming year, Texas-Q
expects to sell 19,200 portable grills, 52,800 stationary grills,
and 4,800 smokers. Information on the three models is as
follows:
Portable
Stationary
Smokers
Price
$87
$198
$252
Variable cost
per unit
43
133
145
Total fixed cost is $2,145,700.
Required:
1.
What is the sales mix of
portable grills to...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q
sells three models: a small portable gas grill, a larger stationary
gas grill, and the specialty smoker. In the coming year, Texas-Q
expects to sell 16,200 portable grills, 59,400 stationary grills,
and 5,400 smokers. Information on the three models is as
follows:
Portable
Stationary
Smokers
Price
$89
$195
$253
Variable cost
per unit
45
131
140
Total fixed cost is $2,078,310.
Required:
1.
What is the sales mix of
portable grills to...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q
sells three models: a small portable gas grill, a larger stationary
gas grill, and the specialty smoker. In the coming year, Texas-Q
expects to sell 19,200 portable grills, 43,200 stationary grills,
and 4,800 smokers. Information on the three models is as
follows:
Portable
Stationary
Smokers
Price
$92
$205
$251
Variable cost
per unit
44
127
138
Total fixed cost is $2,175,120.
Required:
1.
What is the sales mix of portable grills to...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q
sells three models: a small portable gas grill, a larger stationary
gas grill, and the specialty smoker. In the coming year, Texas-Q
expects to sell 13,800 portable grills, 50,600 stationary grills,
and 4,600 smokers. Information on the three models is as
follows:
Portable
Stationary
Smokers
Price
$89
$204
$253
Variable cost
per unit
50
134
143
Total fixed cost is $2,163,490.
Required:
1.
What is the sales mix of portable grills to...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q
sells three models: a small portable gas grill, a larger stationary
gas grill, and the specialty smoker. In the coming year, Texas-Q
expects to sell 15,900 portable grills, 53,000 stationary grills,
and 5,300 smokers. Information on the three models is as
follows:
Portable
Stationary
Smokers
Price
$92
$201
$251
Variable cost
per unit
43
132
137
Total fixed cost is $2,016,120.
Required:
1.
What is the sales mix of portable grills to...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q
sells three models: a small portable gas grill, a larger stationary
gas grill, and the specialty smoker. In the coming year, Texas-Q
expects to sell 15,300 portable grills, 45,900 stationary grills,
and 5,100 smokers. Information on the three models is as
follows:
Portable
Stationary
Smokers
Price
$86
$205
$245
Variable cost
per unit
40
133
143
Total fixed cost is $1,873,680.
Required:
1.
What is the sales mix of portable grills to...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
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sells three models: a small portable gas grill, a larger stationary
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and 5,000 smokers. Information on the three models is as follows:
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unit 45 126 141 Total fixed cost is $1,918,440. Required: 1. What
is the sales mix of portable grills to...
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