Page 7 - PRACTICAL APPLICATIONS FNSACC313V3.doc_Neat

Perform Financial Calculations

Calculate the price per unit for each of the following goods.

GOODS NO PURCHASED TOTAL PRICE PRICE PER UNIT
Panels 1,057 $5,179.30
Gyprock 469 $3,048.50
Paper Tape 90 $270.00
Ceiling Centres 137 $911.05
Villaboard Sheets 587 $3,786.15

PRACTICAL APPLICATION 2

Find the total payable for each of the following items.

ITEM QUANTITY UNIT PRICE PER UNIT TOTAL PRICE
WB 40 Stud Adhesive 36 Tin $20.00
Screen Back Mesh 113 Sheet $2.40
Flex Corner Tape 15 Roll $26.95
20 mm Gypsum Screws 35 Kilo $10.50
Fibreglass Hemp 48 Kilo $5.00

Calculate the mark-down price of the following goods.

ITEM ORIGINAL PRICE REDUCTION MARK DOWN PRICE
Top Cote 550 $225.00 $16.50
Spray Plaster $1,150.00 $37.85
Cornice Adhesive $192.50 $26.95
Robalcote $2,765.00 $468.40
Casting Plaster $800.00 $185.00

GST
PRACTICAL APPLICATION 1

Find the GST on these figures, then show the total purchase price including GST

PRODUCT GROSS PRICE (no GST) GST TOTAL PRICE
Plaster $100.00
Cornice $45.00
Back Mesh $44.00
Battens $31.90
Gyprock $230.95

PRACTICAL APPLICATION 2

Find the GST on these figures which now include GST:

PRODUCT GROSS PRICE (inc GST) GST PRICE ex-GST
Ceiling Centres $130.00
Gypsum screws $45.00
Paper Tape $44.00
Vilaboard Sheets $31.90

Anne Bowden ©2019
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