Real-Life Math -- Solution
Many people decry the expense of a funeral, which often costs several thousand dollars. But funeral directors emphasize that rituals such as funerals are designed to aid in the process of grieving, remembering and healing.
Still, financial burdens can add to a family's woes at an already difficult time, so carefully crafting a ceremony around a customer's wishes is critical.
Taxable costs = ($2,536 - $75 - $75 - $145) + $1,944
Taxable costs = $2,241 + $1,944
Taxable costs = $4,185
Costs after tax = $4,185 + ($4,185 x 0.07)
Costs after tax = $4,185 + $292.95
Costs after tax = $4,477.95
Death certificates = $26 x 4
Death certificates = $104
Honorariums = $75 + $75 + $145
Honorariums = $295
Grand total = $4,477.95 + $104 + $295
Grand total = $4,876.95
Nancy Stirling is the executive administrator of a funeral service association. She says funeral directors frequently use math.
"You're always dealing with forms, preparations [and] dealing with finances if you're a funeral director," she says.