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Question - Our company sells widgets of all shapes and sizes. Let's say we sold 100 small widgets at $20/unit, 400 medium widgets at $30/unit, and 200 large widgets for $50/unit. Our unit price for the small widgets are $10. We get the medium widgets for $22 and the large ones for $42. Unfortunately, we had one small widget returned because of a defect and it went on backorder. A customer who bought 40 medium widgets received a 1% discount. Rent for the month was $3,500 for our small facility. Our delivery truck needed new tires and some minor work as well, the invoice was $2,547.56.
Required -
1. What are the Gross Sales Dollars?
2. What are the Net Sales Dollars?
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