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
The number of gallons of paint that Home Depot sells in a given day is normally...
The number of gallons of paint that Home Depot sells in a given
day is normally distributed with a mean of 197 gallons and a
standard deviation of 45 gallons (I realize that the distribution
is probably different for weekends compared to weekdays, but just
assume everyday has the distribution). How many gallons of paint
have to be sold in a given day in order for that day to be in the
top 5% of the highest number of gallons...
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,...
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 15,000 portable grills, 45,000 stationary grills,
and 5,000 smokers. Information on the three models is as follows:
Portable Stationary Smokers Price $89 $196 $255 Variable cost per
unit 45 126 141 Total fixed cost is $1,918,440. 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, 47,700 stationary grills,
and 5,300 smokers. Information on the three models is as
follows:
Portable
Stationary
Smokers
Price
$86
$201
$254
Variable cost
per unit
44
135
136
Total fixed cost is $1,835,220.
Required:
1.
What is the sales mix of portable grills to...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Create 5 short-term plan of technology projects that you can perform outside of an I.T. department...
- Derek plans to retire on his 65th birthday. However, he plans to work part-time until he...
- Toady and Froggy were running a vegan cafe together. The business was having financial difficulties.Betelguese, who...
- 1. The following questions concern Jesse Gelsinger who suffered from partial OTC. a. In the...
- Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales...
- TzeMay was one of the first women engineering students at ABC University. She graduated in 1995...
- Use the following information to calculate these various solvency measures: a) NWC, B) WCR, c) Current...
ADVERTISEMENT