Question 15 of 20 A company orders ten laptops at [tex]$600 each. Four are broken upon delivery.
For what amount should Accounts Payable be credited in this situation?
A. $[/tex]6,000 B. [tex]$3,600
C. $[/tex]1,200 OD. $2,400 SUBMIT
To determine the amount for which Accounts Payable should be credited, follow these steps:
1. Identify the total cost of one laptop: It is given that each laptop costs [tex]$600.
2. Find out how many laptops are broken: The question states that four laptops are broken.
3. Calculate the total value of the broken laptops:
- Multiply the number of broken laptops by the cost per laptop.
- Number of broken laptops = 4.
- Cost per laptop = $[/tex]600. - Total value of broken laptops = [tex]\( 4 \times 600 \)[/tex].
4. Conclude the total value of broken laptops: - Total value of broken laptops = [tex]$2400.
Therefore, the amount for which Accounts Payable should be credited is $[/tex]2400.
