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Veterinary Practice Manager

Category - CVPM

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If you receive an inventory shipment for 12 bottles of Catron spray, and the invoice lists the price at $12.00, with $1.20 in sales tax and $8.00 shipping charges, what would the unit cost of this item be (rounded up the nearest whole cent)?

$1.77
$1.00
$1.66
$1.17

Explanation

Answer: A- $1.77. The price of $12.00 is added to the sales tax and shipping, and the total ($21.20) is divided by the quantity of items (12). $12.00 + $1.20 + $8.00 = $21.20. Divided by 12 = $1.77.

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