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2 6 . Shopper s Mart purchased the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and

26. Shoppers Mart purchased the following items. Calculate the extended total after the trade discounts for each line, the invoice subtotal, and the invoice total.
Quantity Unit Merchandise Unit List Trade Discounts Extended Total
150 ea. Blenders $59.9520/15/15 blank 9
400 ea. Toasters $39.8820/10/10 blank 10
18 doz. Coffee Mills $244.3030/9/7 blank 11
12 doz. Juicers $460.0025/10/5 blank 12
Invoice subtotal blank 13
Extra 51/2% volume discount on total order blank 14
Invoice total blank 15
SHOW TABLE & LIST ALL 26 through 27
27. Referring back to Exercise 26, you have just been hired as the buyer for the kitchen division of Shoppers Mart, a general merchandise retailer. After looking over the discounts offered to the previous buyer by the vendor, you decide to ask for better discounts.
After negotiating with the vendors salesperson, you now can buy blenders at trade discounts of 20/20/15 and juicers at 25/15/10. In addition, the vendor has increased the volume discount to 61/2%
.
How much would have been saved with your new discounts based on the quantities of the previous order (Exercise 26)?
THE ANSWER IS $851.05
As a result of your negotiations, the vendor has offered an additional discount of 2% of the total amount due if the invoice is paid within 15 days instead of the usual 30 days. What would be the amount of this discount?
THE ANSWER IS $392.72

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