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- The Kidz Klothing store ordered a line of snowsuits at $60 each, less a trade discount of 8%. The selling price is marked up to allow for overhead expenses of 15% of the cost price, and profit of 25% of the cost price. a) What was the regular selling price of the snowsuits? b) If the snowsuits are sold for a reduced price of $59, what is the profit or loss perpair? c) What is the rate of markdown of the snowsuits?The business manager of an RSO has a choice of purchasing T-shirts for 500 students from two suppliers. Alpha T offers the shirt to be acquired at P300 each with print 500 pieces and silk screen cost of P1,000 for 500 pieces. If the RSO will buy less than 500 pieces, it will be charged at P315each. Beta T, another supplier offers the T-shirt at P187 each, charges printing at P10,000 at a higher level of printing technology for every 300 pieces, and P75/shirt for ink and labor. Record shows that sales come from 75% of the students buy T-shirts. If only 80% of the students are targeted to serve, which supplier will you choose? a) Alpha T b) Beta T c) Either of the two supplier d) none of the supplier1.)The suppliers sells a set of stainless steel tray's to jane's cookies shop. The list is price is Php 3,500 and Jane qualifies for a 30% trade discount. Compare the net price 2.)allen ordered 10 t-shirt for php 240 each and 5 pants for Php450 each the suppliers gives a 15% discount. How will be the total change for this ordered
- A watch store owner decided to offer a 20% discount for a particular brand of watchthat sells at PhP 35 000. By doing so, his average sales increased from 5 watchesto 12 watches a day. If he bought one watch at a price of PhP 22 000 from thesupplier, by how much was the daily profit increased or decreased by offering suchdiscount on the watch?Appliance Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a mark-up of 40% of the selling price, A. What is the regular selling price of the TV set? B. What was the cost of the TV set? C. What is the rate of mark-up based on cost for the TV set? D. If overhead expenses are at 27% of the cost, what is the break-even price of the TV set? E. If the TV set is sold at PhP7,500, how much profit or loss is incurred by Appliance Store?Charlotte sells widgets that cost $50 each to purchase and prepare for sale. Annual sales are 10,000 widgets, carrying costs are 15% of inventory costs, and Charlotte incurs a cost of $25 each time an order is placed. (a) What is the EOQ? (b) What will be the total inventory costs if the EOQ amount is ordered? (c) Suppose that Charlotte's supplier decides to offer a 3% cash discount if products are ordered in increments of 1250. How many widgest should Charlotte order each time an order is placed to minimize total inventory costs?
- A computer was put on sale by the store owner. A trade discount of 30% is given to any buyer but still, the store will realize 25% margin. If the computer has a tag price of P41, 550, What should be its cost?Mr. Raza, a drug store retailer, seils surgical face masks and KN95 masks. He can regularly acquire a supply of 200 to 400 surgical masks and 100 to 150 KN95 masks but not more than 500 items altogether. Mr. Raza can buy the surgical masks wholesale at Php10 each and sell them for Php18 each, whereas the KN95 masks cost Php25 each at wholesale but can be sold for Php 35 each. How many of each type should Mr. Raza acquire to make a maximum profit? 200 surgical face masks and 150 KN95 masks 200 surgical face masks and 100 KN95 masks 400 surgical face masks and 100 KN95 masks 350 surgical face masks and 150 KN95 masksPatsy Smith is planning to sell her special knife for $15 per unit. She purchases units from alocal distributor for $6 each. She can return any unsold units for a full refund. Fixed costs forbooth rental, including lighting and security are $4500. Required a) Compute the breakeven point in units sold. b) Suppose the unit purchased is $5 instead of $6, the fixed cost increases by $500, butthe selling price is unchanged. Compute the new breakeven point in units sold. c) Using the above data, explain how cost behavior affects Patsy Smith’s decision-making?
- shoe store marks up the price of its shoes at 140% over cost. A pair of shoes goes on sale for 20% off and then on the clearance rack for an additional 25% off. A customer walks in with a 10% off coupon good on all clearance items and buys the shoes. Express thestore's profits on these shoes as a percentage of the original cosappliance store realizes a mark-up of php3,450 in selling tv sets. if its items are sold at a mark-up of 40% of the selling price, a. what is the regular selling price of the tv set? b. what was the cost of the tv set?Anselmo’s Engineering buys circuit boards with a list price of $32,000. If the supplier extends trade discounts of 42/32/12, what is the trade discount amount?