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.
Q: A wholesaler sells a guitar for $1,212.70. What is the percent markup based on cost if the…
A: The excess amount of selling price over the cost price of the goods and services is term as the…
Q: Sheridan Service sells oil at a markup of 50% of the selling price. Sheridan paid $0.85 per litre of…
A: Markup = 50% Cost per litre = $0.85
Q: A bookstore priced a textbook at ₱ 650 using a markup of 40% of cost. What was the original cost of…
A: Here in this question we are required to calculate the original price and percentage of mark up on…
Q: A buyer bought 200 skirts that retailed at $25 each. At the end of the season, 15 unsold skirts were…
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…
Q: A purchaser paid $287.70 for a TV that cost the seller $210. If the seller's markup was 37% of the…
A: Markup is the difference between a product's selling price and cost as a percentage of the cost. For…
Q: Buyer A bought 20 pcs of product Z from Seller B with the following information: Selling price,…
A: Inventory- Inventory refers to the physical stock of items owned by a company at any given time.
Q: You sell 750-milliliter bottles of imported water for $3.95 a bottle. You purchase the water in…
A: Cost system is the system which is designed to evaluate the monitor the cost incurred by the…
Q: A purchaser just paid $32,452.94 for a pickup truck. If 47% was the seller's markup, based on the…
A: Markup is the difference between a product's selling price and cost as a percentage of the cost.…
Q: Moose sells dog bones that it purchases for $11 each. It costs Moose $50 each time bones are…
A: Inventory Cost = Purchase Cost + Ordering Cost + Carrying Cost EOQ = Squareroot of 2*Annual…
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 = ?…
Q: A dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was…
A: Given: Cost of computer $1,850.00 Discount 32% Discount 17%
Q: If the retailer pays $1.30 to the insurance company for each product replacement policy sold, what…
A: Here, the total cost includes the product cost and the cost to the insurance company per product.…
Q: A manufacturer sells his final product for R300 plus VAT (@15%) to a wholesaler. The wholesaler…
A: The final burden of VAT is on the consumer of the product. The registered taxpayer will get the…
Q: If a home goods retailer pays $32.50 for the vacuum cleaner shown here, answer the following…
A: Given: Cost price =$32.50Selling price =$89.99Replacement cost =$7.99
Q: A sports store purchased tennis racquets for $46.45 less 27% for purchasing more than 100 items, and…
A:
Q: If a home goods retailer pays $32.50 for the vacuum cleaner shown here, answer the following…
A: The question is based on the concept of Cost Accounting. As per Bartleby guidelines we are allowed…
Q: Eveready Co. sells heavy-duty batteries, which cost P7,000, at a total installment price of P12,000.…
A: Trade-in over allowance Trade-in over allowance is the additional discount offered to the customer…
Q: MOUNTAIN BIKE REI advertises mountain bikes for $199.90. If the store's cost is $2100 per dozen,…
A: Cost of 1 Bicycle: = Store's Cost/dozenNo. of bicycles in a dozen=$2,10012 = $175 Markup of a single…
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: A retailer buys an alarm set for RM 850. Operating expenses are 5 % based on cost. The retailer…
A: Net profit on sale means the excess of selling price over cost of the product.
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 )
Q: Musical Instruments Ltd sells guitars for £550 each. The variable cost per guitar is £150 and the…
A: Margin of safety means the difference between the budget sales and breakeven sales. It means the…
Q: d 10,000 units of chairs from YS furnishing for $300,000. The listed price for 10,000 units was…
A: As per the given information: Chairs purchased - 10,000 units for $300,000 Listed price - 10,000…
Q: A fumiture salesperson can sell 60 pieces of fumitur miture as inventory would cost $50 over the…
A: Inventory costing, often known as inventory cost accounting, allows businesses to allocate expenses…
Q: The CC Manufacturing Company delivered ten DVD players to CLTV Company on consignment. These DVD…
A: Let total no. of units sold = n No. of units sold x sales price = Amount remitted + sales commission…
Q: a. A boutique buys bags from a manufacturer for Php 2,000 each and sell them for Php 3,299.Compute…
A: As per the guidelines, only one question is allowed to be answered. Please upload different question…
Q: 23. Mrs. Racelis, an entrepreneur, purchased 500 bags of cement at P 240 per bag If she sold 500…
A: Hi student Since there are multiple questions, we will answer only first question. If you want…
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: sold. (a) What was the weighted mean price of an Antonelli suit? (b) Springers paid $200 a suit for…
A: Profit is the amount left after paying expenses from the revenue earned.
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: ealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was the…
A: Dealers purchases the computers in large quantity and based on the quantity they get discounts and…
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: 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: 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: A wholesaler sells a guitar for $1,380.60. What is the percent markup based on cost if the…
A: Markup = Sell price - buy price Markup = $1380.60 -$780 Markup =$600.60
Q: The Alpaca Wool Shoppe bought 150 scarves for Total cost= $4150.00; 50 scarves were sold at a markup…
A: Mark up on the cost is done to set a selling price with the required amount of margin. The higher…
Q: A retailer purchase 10 printer at the price of Rm300 each. The estimated Operating are 20% based on…
A: Markdown: It the price below the normal selling price at which the products shall be sold.
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: 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.
Q: A manufacturer offers a 25/20 c discount if the invoice subtotal is $1,000. If the list price is $52…
A: Companies gives discount to attract the sales and increase the sales of company but that is the cost…
Q: sells a quantity of 20 for $15 to a retailer who sells each brush for $1.50. Calculate the…
A: As per the given information, Manufacturing company sells 500 units of goods to Wholesaler at 300…
A wholesaler sells a guitar for $1,396.20. What is the percent markup based on cost if the wholesaler paid $780 for the guitar?
%
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- A wholesaler sells a guitar for $1,380.60. What is the percent markup based on cost if the wholesaler paid $780 for the guitar?The retailer price of a refrigiretor is £807. If the manufacturer gains 11%, the wholesale dealer gains 10% and the retailer gains 6%, what is the cost of the product? Round your answer to the nearest penny.Zonker NV purchases 500 units of an item at an invoice cost of €30,000. What is the cost per unit? If the goods are shipped f.o.b. shipping point and the freight bill was €1,500, what is the cost per unit if Zonker pays the freight charges? If these items were bought on 2/10, n/30 terms and the invoice and the freight bill were paid within the 10-day period, what would be the cost per unit?
- 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?An air compressor costs $385 and sells for $690 Find the rate of markup based on the selling 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? 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?All refrigerator cost a company $1,600 to manufacturer. If it sells for $3,456, what is the percent markup based on cost? (Round to the nearest whole percent)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?
- 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 FalsePatel Supply is considering a contract to sell merchandise to a hair salon chain for $29,000. This merchandise will cost Patel Supply $19,100. What would be the increase (or decrease) to Patel Supply gross profit and gross profit percentage? (Round "Gross Profit Percentage" to 1 decimal place.)# 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?