A purchaser just paid $32,552.94 for a pickup truck. If 48% was the seller's markup, based on the selling price, then what was the cost of the pickup truck? (Round to the nearest whole dollar.) $15,600 $15,625 $16,928 $17,000
Q: A bookstore expects to sell 100 calculus textbooks during the next year. It costs $3.20 to store one…
A: The cost of inventory includes the cost of purchased merchandise, less discounts that are taken,…
Q: A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The…
A: Answer: Fixed cost for a firm remains unchanged in the short run thus it does not vary with the size…
Q: Question A company produces and sells 6, 400 recliners each year. Each production run has a fixed…
A: Given: The total number of recliners produced and sold by a company is = 6,400 recliners The fixed…
Q: a. Does price equal or exceed average variable cost for the first 50 units? |(Click to select) ♥…
A: a. Variable cost for 50 units = VC × Quantity = 17.50 × 50 = 875 Average variable cost = VC / Qty =…
Q: Savemart needs 1000 coffee makers per year. The cost of each coffee maker is $78. Ordering cost is…
A: Annual demand = 1000 Ordering cost = $100 Per unit cost = $78 Carrying cost = 40% per unit Holding…
Q: A manufacturing company places a semi-annual order of 24,000 units at a price of $20 per unit. Its…
A: Given: Semi-Annual orders =24000 units The total order quantity per year (A)=24000*2=48000 units…
Q: How would I calculate the percentage change in price for these? (Not graded just a practice…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Big Pharmacy buys 50ml hand sanitizer for $250 per box which contains 50 bottles. Find the selling…
A: the selling price means that which is to be sold.
Q: A publisher plans to boost the sales of its most popular magazine by sending out promotional mails.…
A: Confusion matrix can be defined as the table that is used for describing the performance of a…
Q: Your local pet café has the following costs: $3,000 per month in rent, $5,000 per month in wages,…
A: Firms operating in a market incur fixed costs and variable costs. Fixed costs are the costs that do…
Q: Tyre presently rents and uses 7000 square meters of warehouse space for $2700 a month. It has the…
A: Answer - Given in the question - Tyre presently rents and uses 7000 square meters of warehouse space…
Q: Savemart needs 1000 coffe makers per year. The cost of each coffee maker is $78. Ordering cost is…
A: The quantity of coffee needed annually = 1000 Cost of each coffee machine = $78 Per order cost or…
Q: A company in the process industry produces a chemical compound that is sold to manufacturers for use…
A:
Q: Organic foods purchases 600lb. Of strawberries at $0.85 per pound. They use a 56% markup based on…
A: Markup value of any product is the the cost added to it by the seller before selling.
Q: The total cost of an MBF plant is 35,000 units i it produces 500 products, and a total cost of…
A: Given information When Q=500, Total cost =35000 When Q=1000, Total Cost=6000 P=100
Q: In a building construction project, 7,500 feet of insulated ductwork is required. The ductwork is…
A: The total cost (TC) of any project is the sum total of total variable cost (TVC) and total fixed…
Q: A retail store estimates that weekly sales s and weekly advertising costs x (both in dollars) are…
A: Total Sales refer to the total quantity of goods or services that the producer or firms sells during…
Q: A production order for 200 units is recieved. The item is made on a machine that has a $20 set-up,…
A: Fixed cost is the cost that is same for all levels of production. Average fixed cost is declining.…
Q: During periods of hyperinflation, prices increase rapidly over short periods of time. One of the…
A: Answer: It is given that the price is being doubled every day. It means the prices are increasing…
Q: For a given commodity, the line haul cost is $13 per mile. For a trip of 200 milesand a shipment of…
A: Answer - Given in the question - Line haul cost = $13 per mile Need to find - Cost for For a trip of…
Q: Marc is paid on a graduated commission scale. For the first $10,000 of sales his commission is…
A: There are various schemes being offered by various organisations in order to increase the sale…
Q: If the company’s original contribution margin was 40 per cent, calculate the new contribution margin…
A: Contribution margin shows the ability of firm to cover its variable cost with its revenue.
Q: A business needs to determine how many machines to buy given the following information: Product…
A: Product Demand Processing Time (minutes) 1 10000 6 2 20000 5 3 25000 4
Q: Calculate price per unit if output is 4
A: The information being given is:- Total revenue = $3200 Output = 4 units We have to calculate total…
Q: The wholesale cost of a VCR is $210. The original markup was 27% based on selling price. Find the…
A:
Q: To manufacture a switchboard it costs $275. If the desired percent markup based on cost is 46%, how…
A:
Q: A manufacturer produces a certain item with the following cost : Selling Price per item P 600.00…
A: Given, Selling Price per item = P 600.00 Labor Cost = P 76.00 per items Material Cost = P 115.00…
Q: You are the manager of World Wide Athlete, a chain of six sporting goods shops in your area. The…
A: Number of racing bikes sold per week when the price is $689.99= 15 During the sale, when the price…
Q: machine is being considered for the production of a part , the material cost is 15% per part and the…
A: here we calculate the profit generated by machinery , so here we calculate the profit by using the…
Q: If the transit time is 11 days and the annual demand for an item is 10,000 units, whatis the average…
A: Here we are talking about pipeline stock or transit inventory which could be materials or items…
Q: A certain type of computer costs $1,000, and the annual holding cost is 25% of the value of the…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: You run a business selling used hand tools. The rent on your building is $1400/month. Utilities…
A: The average selling price (ASP) is a term that refers to the average price a good or service is sold…
Q: The Zagat Restaurant Survey provides food, decor, and service ratings for some of the top…
A: Given Information Population Size(N) = 15 No of draws (n) = 3 number of successes(r) = 5 Formula…
Q: Industrial Relations (IIR) which is who should handle L country, whether the headquarters or a…
A: Industrial relations are defined as interactions and relationships that exist in an industry,…
Q: A customer just paid $77.91 for a raincoat. If the percent markup based on cost is 47%, what was the…
A: Answer in step 2.
Q: A process has a cycle time of 10 minutes. The throughput time is 10 hours. If the throughput time is…
A: The net duration needed to manufacture a product covering from the start to the end is termed…
Q: Identify a minimum of 5 features/tools that are offered.
A: The State of Ohio offers a wide range of profession openings. A vocation in broad daylight…
Q: An automobile dealership offers to fill the four tires of your new car with 100% nitrogen for a cost…
A: The cost of four tires filled with air and the per dollar mileage can be calculated as follows. The…
Q: What is the formulae used to find unit cost?
A: A unit cost is a net cost borne by a business to manufacture, store, and sell one unit of a product…
Q: which Message execution style will you follow?
A: A marketing campaign is a collection of advertising messages that are all based on the same topic…
Q: US Airways owns a piece of land near the Pittsburgh International Airport. The land originally cost…
A: Cost of land to US Airways = $375000 Proposal will not be accepted if the land cost is above =…
Q: Awesome in cursive fix cost of dollar 4000 and variable cost of dollar 10000 and its total sales…
A: Given information: Fixed cost = $4000 Variable cost = $10000 Total sales = $15000
Q: TC = 210 + 40Q + 2Q? What is the average fixed cost when 5 units are produced? Enter as a value. 42
A: Average Fixed cost is the per unit cost of fixed cost , here we calculate the average fixed cost…
Q: 24- 20- Price and cost (cents per kilowatt) 16- 12- 8- S=MC Q
A: Marginal cost alludes to the increment or diminishing in the cost of producing another unit or…
Q: The Red Lobster (RL) restaurant chain has been using two seafood vendors for lobster: Cape Cod…
A: Supplier Performance index (SPI) is being calculated for each of the commodity or item being…
Q: 09. Consider the economic order quantity, with demand of 1650 unit per month (30 days), setup cost…
A: Time between orders is an ecommerce metric that measures how long customers take to place a next…
Q: Problem Attached
A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…
Q: A studio manager stated that she would not turn down $2M per sequel right. If you paid $2M per…
A: Normal profit is the minimum expectation profit that firm could earn .
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Zyleron Corp. shows monthly fixed costs of RM 37,210 and a per-unit cost of RM 34.79. It sells 275 units in a month. Calculate what is the minimum price Zyleron Corp. must sell each unit for to break even?EMERGENCY! Production just informed management that one of its five glycol squeezers has been destroyed by a rogue computer virus. Production capability is now only 23000 gallons at most. The squeezer cannot be fixed and IceLess cannot afford a replacement. This breakdown will NOT lower fixed costs. This breakdown will not change variable cost per unit, either. If only 23000 gallons are produced, and the earning target remains $94400 above fixed costs, what price per gallon must now be charged? (show your calculations What is the Contribution Margin Ratio (CMR) if the price is $8.82 per gallon? At a price of $10.95 per gallon, what will be the DOL (assume 23000 gallons are sold , that $94400 above fixed costs is to be earned, and that other costs are as initially given)(show your calculations).A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $3,777 per year, paid at the beginning of each year, in which case maintenance is provied. Alternatively, she can buy a used van for $5,669 and pay for maintenance herself. She expects to keep the van for three years at which time she could sell it for $1,110. What is the most she should pay for uniform annual maintenance to make it worthwhile to buy the van instead of leasing it, if her MARR is 20%?
- A customer just paid $77.91 for a raincoat. If the percent markup based on cost is 47%, what was the cost ( in $)What is the unit rate price per ounce for each bag of pop cornA production order for 200 units is recieved. The item is made on a machine that has a $20 set-up, an output of six items per hour, and a daily fixed cost of $100. The variable item cost is $1.00. What is the highest price the cmpany could afford to buy the item for, instead of producing the item itself?
- A bill for motorboat specifies the cost as ₱ 1,200 due at the end of 100 days but offers a 4% discount for cash in 30 days. What is the highest rate, simple interest at which the buyer can afford to borrow money in order to take advantage of the discountYou can earn 10% a year on your savings. Your dad offers you a Holiday Gift of $1000 this year, $2000 next Holiday, $3000 Holiday 2021. If instead he offered you $6,000 Holiday 2020 (next year). Which should you pick, the single payment or the 3 payments. SHOW YOUR WORK Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.To manufacture a switchboard it costs $275. If the desired percent markup based on cost is 46%, how much should each switchboard sell for?
- all the blanks have same optionsDuring periods of hyperinflation, prices increase rapidly over short periods of time. One of the worst cases of hyperinflation in history occurred in Zimbabwe in 2008 where prices doubled every day. If that rate continued for just 7 days, how much would a French baguette cost after 7 days if the cost at the beginning of the week was $0.6? The cost after 7 days will be $ .A process has a cycle time of 10 minutes. The throughput time is 10 hours. If the throughput time is reduced to 5 hours without changing the cycle time, what is the change in inventory (as a percentage)?