Comfort company's total cost for the inventory purchase, after applying a 40% trade discount to the list price of $300 for each of the 280 units, is $50,400.
The total cost of the inventory purchased by Comfort company can be calculated by applying the trade discount to the list price and then multiplying by the quantity of units. Comfort purchased 280 units with a list price of $300 each. A 40% trade discount is offered, so we first find the discount amount: $300 x 40% = $120. The discounted price per unit is then $300 - $120 = $180. To find the total cost of the inventory, we multiply the discounted price by the quantity: $180 x 280 units = $50,400. The terms of the sale 210/, n30/ indicate a cash discount of 2% if paid within 10 days, else net amount is due within 30 days, but this does not affect the purchase cost unless the discount is taken.