1. Find the total amount due on the invoice. Round answer to the nearest cent. Taxable Sale Sales Tax...

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Accounting

1.
Find the total amount due on the invoice. Round answer to thenearest cent.
Taxable Sale Sales Tax Percent Invoice Total
$380.98 5.5% $
2.
Marisa Tallifero bought a cordless phone priced at $49.99. Itwas subject to 8.75% sales tax. Round answer to the nearestcent.
a. What was the sales tax?
$
b. What was the total amount Marisa paid forthe phone?
$
3.
Find the total amount due on the invoice. Round answer to thenearest cent.
Taxable Sale Sales Tax Percent Invoice Total
$867.75 6% $
4.
Find the total amount due on the invoice. Round answer to thenearest cent. Place commas in the answer as needed.
Taxable Sale Sales Tax Percent Invoice Total
$1,111.10 8.75% $
5.
Find the total amount due on the invoice. Round answer to thenearest cent. Place commas in the answer as needed
Taxable Sale Sales Tax Percent Invoice Total
$3,211.90 7% $
6.
Find the total amount due on the invoice. Round answer to thenearest cent. Place commas in the answer as needed.
Taxable Sale Sales Tax Percent Invoice Total
$1,500.25 8% $
7.
Find the total amount due on the invoice. Round answer to thenearest cent. Place commas in the answer as needed.
Taxable Sale Sales Tax Percent Invoice Total
$1,800.33 5% $
8.
Find the total amount due on the invoice. Round answer to thenearest cent.
Taxable Sale Sales Tax Percent Invoice Total
$234.54 7.5% $
9.
Penny Holcomb purchased pen and pencil gift sets to give to heremployees for the holidays. The total bill was $103.92, whichincluded the sales tax of 6.5%. Round answer to the nearestcent.
a. What was the total cost of the pens?
$
b. What was the amount of the sales tax?
$

Answer & Explanation Solved by verified expert

4.1 Ratings (880 Votes)

Solution 1:

Taxable Sales	Sales tax percent	Invoice total
$380.98	5.50%	$401.93

Solution 2a:

Amount of sales tax = $49.99 * 8.75% = $4.37

Solution 2b:

Total amount Marisa paid for the phone = $49.99 + $4.37 = $54.36

Solution 3:

Taxable Sales	Sales tax percent	Invoice total
$867.75	6.00%	$919.82

Solution 4:

Taxable Sales	Sales tax percent	Invoice total
$1,111.10	8.75%	$1,208.32

Solution 5:

Taxable Sales	Sales tax percent	Invoice total
$3,211.90	7.00%	$3,436.73

Solution 6:

Taxable Sales	Sales tax percent	Invoice total
$1,500.25	8.00%	$1,620.27

solution 7:

Taxable Sales	Sales tax percent	Invoice total
$1,800.33	5.00%	$1,890.35

Solution 8:

Taxable Sales	Sales tax percent	Invoice total
$234.54	7.50%	$252.13

Solution 9a:

Total bill amount = $103.92

Sales tax rate = 6.5%

Total cost of pen = $103.92 / 106.5% = $97.58

Solution 9b:

Amount of sales tax = $97.58 * 6.5% = $6.34

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	Taxable Sale	Sales Tax Percent	Invoice Total
	$380.98	5.5%	$

	Taxable Sale	Sales Tax Percent	Invoice Total
	$867.75	6%	$

	Taxable Sale	Sales Tax Percent	Invoice Total
	$1,111.10	8.75%	$

	Taxable Sale	Sales Tax Percent	Invoice Total
	$3,211.90	7%	$

	Taxable Sale	Sales Tax Percent	Invoice Total
	$1,500.25	8%	$