A company that manages apartments decides to buy 17 new dishwashers at a list price of $750 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 17 dishwashers traded in. What is the actual price the company will pay for each dishwasher?

Question

Quizplus · Accepted Answer

The actual price the company will pay for each dishwasher is $610. This is calculated as follows:List price per dishwasher: $750Quantity discount per dishwasher: $150Financing charges per dishwasher: $20Trade-in allowance per dishwasher: $10Actual price per dishwasher = (List price - Quantity discount + Financing charges - Trade-in allowance)= ($750 - $150 + $20 - $10)= $610

A Company That Manages Apartments Decides to Buy 17 New