Compute the duty the purchaser will pay, Financial Accounting

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Compute the duty the purchaser will pay

Problem

A major chain of department stores has contracted to purchase from a foreign manufacturer 200 large radios at $36 each and 150 small radios at $22 each. An ad valorem duty of 16% is charged on all radios. Compute the duty the purchaser will pay.

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Financial Accounting: Compute the duty the purchaser will pay

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Financial Accounting: Compute the duty the purchaser will pay

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