Complete the following part of an invoice.

1. What is the cost of 500 chairs at 5 per chair?
2. What is the cost of 50 tables at 25 per table?
3. What is the cost of 550 plates of food at 75 per plate?
4. Sundry cost 1500
5. What's is the subtotal?
6. VAT: 15% of subtotal
Total

1 answer

Let's calculate each cost step by step:

  1. Cost of 500 chairs at $5 per chair: \[ 500 \text{ chairs} \times 5 \text{ per chair} = 2500 \]

  2. Cost of 50 tables at $25 per table: \[ 50 \text{ tables} \times 25 \text{ per table} = 1250 \]

  3. Cost of 550 plates of food at $75 per plate: \[ 550 \text{ plates} \times 75 \text{ per plate} = 41250 \]

  4. Sundry cost: \[ 1500 \]

  5. Calculate the subtotal: \[ \text{subtotal} = 2500 + 1250 + 41250 + 1500 \] \[ = 2500 + 1250 + 41250 + 1500 = 45100 \]

  6. Calculate VAT (15% of subtotal): \[ \text{VAT} = 0.15 \times 45100 = 6765 \]

  7. Total: \[ \text{Total} = \text{subtotal} + \text{VAT} \] \[ = 45100 + 6765 = 51865 \]

Summary:

  • Subtotal: $45100
  • VAT: $6765
  • Total: $51865

Feel free to ask if you need further assistance!