Sandhill Inc purchases 580 units of an item at an invoice co

Sandhill Inc. purchases 580 units of an item at an invoice cost of $34,800.

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Sandhill Inc. purchases 580 units of an item at an invoice cost of $34,800.

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1 Cost per unit=Total cost/Number of units=34800/580=$ 60 2 Cost per unit=Total cost/Number of units Total cost: Invoice price 34800 Freight 1750 Total cost 36550 Cost per unit=36550/580=$63.02 3 Cost per unit=Total cost/Number of units Total cost: Invoice price 34800 Freight 1750 Total cost (Gross) 36550 Less: Discount @ 2% 731 Total cost (Net) 35819 Cost per unit=35819/580=$61.76 Note: 2/10 means,2% discount if the payment is made within 10 days