The Michael Painting Company Has Purchased Paint from Several Suppliers

question 16

Short Answer

The Michael Painting Company has purchased paint from several suppliers. The purchase price per gallon and the number of gallons purchased are shown below.
$\begin{array}{ccc}\text { Supplier }&\text { Price Per Gallon \$) }&\text { Number of Gallons }\\\mathrm{A} & 23 & 700 \\\mathrm{~B} & 25 & 200 \\\mathrm{C} & 29 & 100 \\\mathrm{D} & 27 & 200\end{array}$ Compute the weighted average price per gallon.

---

Definitions:

Unwise Purchases

Decisions to buy goods or services that reflect poor judgment or impracticality, often leading to regret.

Unfair Trade Practices

Business activities deemed unethical or deceptive, often regulated by laws to protect consumers from fraud and exploitation.

Unsafe Products

Items or products that pose potential risks to consumers' health, safety, or well-being due to their design, manufacture, or lack of adequate warnings.

Food Labels

Informative labels on food packaging indicating the product's ingredients, nutritional information, and other relevant data as required by law.