Sung owns a plumbing supply store. One of his clients, Village Plumbers, has a charge account with his store. This month Village Plumbers charged 200 feet of pipe at $0.40 per foot, 150 elbow joints at $0.75 per elbow joint, and 36 outdoor faucets at $2.49 per faucet. Sung must charge 5.5% sales tax on all items sold? What is the balance on Village Plumbers’ charge account?

$297.66

Explanation:

The total costs of the items would be

200 feet pipe :  200 x $0.40 = $80.00

150 elbow joints:  150 x $0.75 = $112.50

36 outdoor faucets: 36 x $2.49 =$ 89.64

Total cost          =$282.14

add 5.5% tax

=5.5/100 x $282.14         =$15.52

Total       $297.66

The balance on Village Plumbers’ charge account =$297.66

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.