1.The wholesale cost of a desk is $490. The original markup was 67% based on selling price. Find the final sale price after the following series of price changes: a markup of 35%, a markdown of 12%, and a markdown of 35%. (Round each intermediate selling price to the nearest cent.) a.$378.38 b.$552.06 c..$1,146.60 2. The wholesale cost of a delivery van is $31,300. The original markup was 24% based on selling price. Find the final sale price after the following series of price changes: a markup of 44%, a markup of 14%, a markdown of 40%, and a markup of 13%. (Round each intermediate selling price to the nearest cent.) a.$31,377.90 b.35,291.38 d.$45,838.22 3.A hand dryer that previously sold for $33 has been reduced to $27.50. What is the markdown percent? (Round to the nearest whole percent.) A.17% B.23% C.83%
1.The wholesale cost of a desk is $490. The original markup was 67% based on selling price. Find the final sale price after the following series of price changes: a markup of 35%, a markdown of 12%, and a markdown of 35%. (Round each intermediate selling price to the nearest cent.) a.$378.38 b.$552.06 c..$1,146.60 2. The wholesale cost of a delivery van is $31,300. The original markup was 24% based on selling price. Find the final sale price after the following series of price changes: a markup of 44%, a markup of 14%, a markdown of 40%, and a markup of 13%. (Round each intermediate selling price to the nearest cent.) a.$31,377.90 b.35,291.38 d.$45,838.22 3.A hand dryer that previously sold for $33 has been reduced to $27.50. What is the markdown percent? (Round to the nearest whole percent.) A.17% B.23% C.83%
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter8: Inventories: Special Valuation Issues
Section: Chapter Questions
Problem 11RE: Johnson Corporation had beginning inventory of 20,000 at cost and 35,000 at retail. During the year,...
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1.The wholesale cost of a desk is $490. The original markup was 67% based on selling price. Find the final sale price after the following series of price changes: a markup of 35%, a markdown of 12%, and a markdown of 35%. (Round each intermediate selling price to the nearest cent.)
a.$378.38
b.$552.06
c..$1,146.60
2.
The wholesale cost of a delivery van is $31,300. The original markup was 24% based on selling price. Find the final sale price after the following series of price changes: a markup of 44%, a markup of 14%, a markdown of 40%, and a markup of 13%. (Round each intermediate selling price to the nearest cent.)
a.$31,377.90
b.35,291.38
d.$45,838.22
3.A hand dryer that previously sold for $33 has been reduced to $27.50. What is the markdown percent? (Round to the nearest whole percent.)
A.17%
B.23%
C.83%
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