Complete the following part of an invoice

Items
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 is the subtotal?
6. What is VAT: 15% of subtotal?
7. What is the total?

1 answer

Sure, let’s break down each item and calculate the costs 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. Subtotal: Add the costs of chairs, tables, plates, and sundry costs. \[ Subtotal = 2500 + 1250 + 41250 + 1500 = 45300 \]

  6. VAT (15% of Subtotal): \[ VAT = 0.15 \times 45300 = 6795 \]

  7. Total: Add the subtotal and VAT. \[ Total = 45300 + 6795 = 52095 \]

Here’s the completed part of the invoice:


Items

  1. Cost of 500 chairs at $5 per chair: $2500
  2. Cost of 50 tables at $25 per table: $1250
  3. Cost of 550 plates of food at $75 per plate: $41250
  4. Sundry cost: $1500

Subtotal: $45300
VAT (15% of subtotal): $6795
Total: $52095

Let me know if you need any further assistance!