Ryan Bought a Phone with an Original Price of $145

question 8

Multiple Choice

Ryan bought a phone with an original price of $145.80. He received a 25% discount off the phone, which amounted to $36.45. How much did he pay for the phone?

• A) $109.35
• B) $119.45
• C) $171.25
• D) $182.25

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Definitions:

Direct Expense

Costs that can be directly traced to a product, service, or specific cost center, such as raw materials and labor.

Sales Commission Expense

A cost incurred by a company to compensate its sales staff, based on a percentage of the sales they achieve.

Department Store

A large retail store offering a wide variety of goods organized into departments.

Responsibility Centers

Entities within an organization responsible for controlling revenue and expenses, influencing the operational and financial results.