Please answer the last three items A. Solve the following problems (round off 2 decimal places):2.Find thefacturer cells his notebooks for 1.75 and his cast in producing each notebookkup?3. A certain product sold for P29,900 has a 14% markup on cost. How much is the costof the product?4. The manager of a clothing store buys a jacket for P850 and sells the jacket for P1,207.Find the markup rate based on cost and based on selling price.5. If the percentage of cost markup is 25.4%, what would the percentage of selling pricemarkup be?

Markup:- It is the amount of addition to the cost price of the goods, it is the amount by which the…

Answered: A. Solve the following problems (round…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Rolf's Golf store sells golf balls for $27 per dozen. The store's overhead expenses are 26% of cost and the owners require a profit of 20% of cost. a. How much does Rolf's Golf store buy the golf balls for? _____________$ per dozen Round to the nearest cent b. What is the price needed to cover all the costs and expenses? _____________$ Round to the nearest cent c. What is the highest rate of markdown at which the store will still break even? _____________% Round to two decimal places d. What markdown rate would price the golf balls at cost? _____________% Round to two decimal places
Suppose i have beautiful coffee tables i am building and the materials cost for each table is $135.00 and i pay the craftsman $25.00 per hour and it takes him 5 hours to complete one table . If you sell these tables for $869.00 what is my cost of goods sold percentage
PLEASE MAKE IT IN EXCEL AND SHOW THE FORMULAS Comercial El Suspiro, S.A., purchases 2'100,000 units per year of a component. The cost of each order is $25.00. The annual unit maintenance cost is 27% of its cost of $2.00. On a 360-day basis, calculate the reorder point, knowing that it takes 10.5 days for the supplier to put in the LAB company the goods, and the company sorts and stores them in 1.5 days, calculate the reorder point.
Caroline, the owner of Caroline’s Boutique, estimates that she will sell P300,000 worth of certain decorator table this year (P5,000/unit). Her accountants have determined that ordering costs amount to P1,250 per order and that carrying cost to 30% of average inventory. a.What is the optimum number of orders per year? b.How much is the optimum peso per order? c.What is the optimum number of units per order?
Williams Performance Co. manufactures sports cars. After making a sale, the salesperson sends the car to be detailed before the customer takes it home. Detailing the car takes 15 minutes at a cost of $16 per hour for direct labor and $6 per car for materials. If the average salesperson sells six cars per day, what is the average cost per 5-day week for detailing cars? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) What is the answer/how do you get it?
Rolf's Golf store sells golf balls for 27 per dozen. The store's overhead expenses are 28% of cost and the owners require a profit of 22% of cost. a. How much does Rolf's Golf store buy the golf balls for? b. What is the price needed to cover all the costs and expenses? c. What is the highest rate of markdown at which the store will still break even?
Please explain the step so I can understand. Gobblecakes is a bakery that specializes in cupcakes. The annual fixed cost to make cupcakes is $18,000. The variable cost including ingredients and labor to make a cupcake is $0.90. The bakery sells cupcakes for $3.20 apiece. (a). If the bakery sells 12,000 cupcakes annually, determine the total cost, total revenue, and profit. (b). How many cupcakes will the bakery need to sell in order to break even?
PLEASE ANSWER IT NOW, I NEED THE ASNWER. A hardware store purchased a tool at P20,000 per unit. At what price should the tool be sold so that giving a 15% discount, will provide them with 25% profit?
You are opening a coffee shop. You estimate the weekly costs of $375 for rent, $2100 for employee costs, and $125 for miscellaneous costs. The ingredients and material cost for each cup of coffee is 0.35 (cents) per cup. 1) Create a cost function for the coffee shop. 2) If the investors estimate that they will be able to sell 1100 cups of coffee per week. How much should they charge per cup to make a profit? Justify your answer and/or explain.
PLEASE TO PERFORM IN EXCEL AND SHOW FORMULAS Comercial El Suspiro, S.A., purchases 2'100,000 units per year of a component. The cost of each order is $25.00. The annual unit maintenance cost is 27% of its cost of $2.00. On a 360-day basis, calculate the reorder point, knowing that it takes 10.5 days for the supplier to put in the LAB company the goods, and the company sorts and stores them in 1.5 days, calculate the reorder point.
Chloe’s Cafe bakes croissants that it sells to local restaurants and grocery stores. The average costs to bake the croissants are $0.55 for 2,500 and $0.50 for 5,000. If the total cost function for croissants is linear, what will be the average cost to bake 4,200? Do not round intermediate calculations. Round your final answer to 4 decimal places.
ABC operates a consignment shop where she sells clothes for women and children. The average number of consignments sold per month is 1,000. The average material cost and the selling price of each consignment are $8 and $20, respectively. The monthly fixed costs to run this business are given below: Rental cost: $750Utilities: $150Advertising: $35Insurance: $100Labor cost: $4,000 Using Excel spreadsheet / worksheet, determine Anna's profit. Attach excel solution.

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