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Swifty Industries purchases Solvate, a chemical compound used in several of its products, from ChemMaster. Chemmaster has just increased the list price of Solvate to

Swifty Industries purchases Solvate, a chemical compound used in several of its products, from ChemMaster. Chemmaster has just increased the list price of Solvate to $12.00 per gallon. However because Swifty purchases a high volume of Solvate, ChemMaster grants the company a 12% discount off the list price. Charges for shipping Solvate from ChemMaster to Swifty's factory are $300 for a shipment of twenty-five 50-gallon drums. Special storage requirements cost $0.75 per gallon

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