Q: Engineering buys circuit boards with a list price of $32,000. If the supplier extends trade…
A: Company offers discount to the price to increase the sales of company.
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A: Sale price = Cost price / ( 1 - Margin value )
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A: Overhead means the cost incurred indirect in factory for the production of goods. Manufacturing…
Q: A) Write short note with one word or one sentence for the following – Markup, Selling price, Value…
A: Mark up is the difference between the sales price of a good or service and the cost of the product…
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A: Here in this question we are required to calculate the original price and percentage of mark up on…
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A: Mark-up is the amount of profit on the particular good. The mark up is the difference between the…
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A: Given, Retail Price = $25 Markdown Price = $14.99 Markdown = $10.01
Q: F) A manufacturer printed the price of his goods as RO 360 per article. He allowed a discount of 30%…
A: VAT stands for Value added tax, which is a kind of indirect tax levied or charged on the goods and…
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A: Markup is the difference between a product's selling price and cost as a percentage of the cost.…
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A: Cost system is the system which is designed to evaluate the monitor the cost incurred by the…
Q: Neal's Photographic Supplied sells a Pentax camera for 440.98. The markup is 86% of cost. How much…
A: Selling Price = 440.98 Markup = 86% of Cost How much store pay for this camera = Cost Price = ?…
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A: The final burden of VAT is on the consumer of the product. The registered taxpayer will get the…
Q: they sell by marking up its cost at wholesale a full 100%. If they had a sale with all items marked…
A: Step 1 In cost, there are two types of profit percentage method generally, which is based on On…
Q: Zonker Inc. purchases 500 units of an item at an invoicecost of $30,000. What is the cost per unit?…
A:
Q: The markup on a TV should be 54% based on selling price. If the seller paid $230 for one, then how…
A: Cost of TV = $ 230 Mark up = 54% on selling price
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A: Particulars Amount ($) The list price per unit $500 Less: Discount ($500 x 30%) 150 Net…
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A:
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A: Cost of 1 Bicycle: = Store's Cost/dozenNo. of bicycles in a dozen=$2,10012 = $175 Markup of a single…
Q: Ace Hardware buys brushes at a wholesale price of PhP 380 each. If the selling price is PhP 627,…
A: Markup rate = (Selling price - Purchase price)/ Purchase price
Q: Sharma Kennels buys some items with a list price of $4,100. The supplier extends a 40% trade…
A: The net price is the value at which, after all taxes and other expenses are applied and all…
Q: Appliance Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a…
A: Breakeven Point: It is the point where firm is earn no profit and no loss, and total revenue earned…
Q: A wholesaler sells a guitar for $1,396.20. What is the percent markup based on cost if the…
A: The markup reveals how much greater a firm's selling price is over the item's cost to the business.…
Q: A bookshop had 650 copies of a book IUI sale. The books were marked at N75 per copy in order to make…
A: Profit portrays the money related advantage acknowledged when income created from a business action…
Q: Kurt's Krafts purchases hand woven rugs from a local artisan for $690 each. The rugs are marked up…
A: The retail price- Mark up on sales Retail price = Cost of purchase / ( 1 - Mark up on sale )
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A: Margin of safety means the difference between the budget sales and breakeven sales. It means the…
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A: As per the given information: Chairs purchased - 10,000 units for $300,000 Listed price - 10,000…
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A: Inventory costing, often known as inventory cost accounting, allows businesses to allocate expenses…
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A: Cost means the amount incurred on the purchase of goods . Selling price means the amount for which…
Q: A manufacturer produced a good with a value of 300, the retailer added 140 to the value of the good.…
A: The final price to the consumer is shown hereunder : Manufacturer produced a good with a value of…
Q: Hewitt Enterprises is a business that buys and sells printers at a profit and has the following…
A: Since cost assumption of the business enterprise is not mentioned. We are assuming that latest price…
Q: A bookstore priced a textbook at 650 using a markup of 40% of cost.what was the original cost of the…
A: Cost accounting is one of the important branch of accounting, under which all type of costs and…
Q: The Georgia Company sells inventory but also allows returns. Georgia sells items for $100 per item.…
A: The transaction, which is measurable in monetary terms, is an economic event with a third party…
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A: The difference between selling price and cost price is the mark up cost.
Q: After the markup of 25% on sales a watch is sold for Rs.1250 , what is its cost?
A:
Q: 4. Foster Supplies is considering a contract to sell merchandise to a hair salon chain for $49,000.…
A: Gross profit means the difference between the sale revenue and cost of goods sold where as operating…
Q: Sean’s nuggets cost Php 50 a box. If the nuggets are sold for Php 60, what is the percent of mark-up…
A: Cost accounting is one of the branch of accounting. Under this all type of costs are being analysed.…
Q: Jump & Play Inc. sold 10 outdoor playsets to BigMart Co. The playsets are listed at $1,500 each;…
A: Receivable will be recorded at the listed price less trade discount.
Q: A wholesaler sells a guitar for $1,427.40. What is the percent markup based on cost if the…
A: Markup = Sales price - Cost price = $1427.40 - $780 = $647.40
Q: Kristin Company sells 300 units of its products for $20 each to Logan Inc. for cash. Kristin allows…
A:
Q: Suppose a certain car audio manufacturer receives an order of a certain brand of satellite radios…
A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…
Q: ou can buy a product from one of three companies. Company A for $3,200 with a trade discount of 30%,…
A: This is a case of successive discounts. Successive discounts are discounts on discounts.
Q: 4.A wholesaler sells a guitar for $1,396.20. What is the percent markup based on cost if the…
A: Profit is an important source to generate the internal finances for the business or any individual.…
Q: 3.) A wholesaler sells a guitar for $1,396.20. What is the percent markup based on cost if the…
A: Markup is the difference between a product's selling price and a cost as a percentage of the cost.…
Q: a. A retailer buys flowers at ₱1,400 per bouquet. She sells them for ₱2,000 per bouquet. How much is…
A: When the manufacturer sells products to the consumers, he adds a Markup to the cost price and then…
Q: An item listed for 4,000 has been given trade discounts of 30%, 20%, and 10% by the manufacturer. 1.…
A: Solution:- Trade discount means the amount of discount on the list price of a commodity.
A wholesaler sells a guitar for $1,212.70. What is the percent markup based on cost if the wholesaler paid $670 for the guitar?
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- Zonker Inc. purchases 500 units of an item at an invoicecost of $30,000. What is the cost per unit? If the goods areshipped f.o.b. shipping point and the freight bill was$1,500, what is the cost per unit if Zonker Inc. pays thefreight charges? If these items were bought on 2/10, n/30terms and the invoice and the freight bill were paid withinthe 10-day period, what would be the cost per unit?A dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was the markup as a percent of the cost?A retailer sells a product at a price of 120 OMR. He purchased the same product from a wholesaler at 95 OMR. The sales tax is 6%. Calculate the VAT paid by the retailer.
- Kurt's Krafts purchases hand woven rugs from a local artisan for $690 each. The rugs are marked up by 40% based on the selling price. The retail price of the rugs will be $1,150. True or False# You can buy a product from one of three companies. Company A for $3,200 with a trade discount of 30%, Company B for $2,900 with a trade discount of 20% and 10%, or Company C for $3,450 with a trade discount of 20%, 15%, 5%. Which company has the lowest net price?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?
- 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?An automobile ski rack is sold to stores at a wholesale price of $38. If a store has a $23 markup, what is the retail price of the ski rack? Find the percent of the markup, to the nearest percent.The Knockey Corporation sells hockey sticks at a wholesale price of $103. If a store marks this up 106%, what is the retail price?