if dollar markup is $5.60 and percent markup is 101.82% on cost, what is cost and selling price?
Q: Variable cost ratio is 60%. While breakeven ratio is 65%. Net income is P42,000. Fixed cost must be
A: Break even point= fixed cost / contribution Contribution ratio = fixed cost /65% Given variable…
Q: Given a selling price of $350 and a gross profit mark-up of 40%, the cost price would be A $100 B…
A: We have the following information: Selling Price: $350 Gross profit mark-up: 40%
Q: If the mark-up based on cost is 50%, what is the mark-up based on sales?
A: For any organization the cost and selling price of the product has to be well defined in order to…
Q: A product has a sales price of $350 and a per-unit contribution margin of $139. What is the…
A: Formula: Contribution margin ratio = Per unit contribution margin / sales price per unit Division of…
Q: Given the following information, what is th Variable cost per unit $100 Unit selling price per unit…
A: Solution: PV ratio is the profit volume ratio. It is the ratio of change in profit due to change in…
Q: The unit selling price is $75 and the variable cost per unit is $33 and the total fixed costs are…
A: Margin of safety = Actual sales - Break-even point Break-even point = Total fixed costs/PV ratio…
Q: A business has selling price of P 129.50 with an average variable cost of P 54.40. Fixed costs are P…
A: variable cost defined as those cost that changes are according to the quantity of goods are services…
Q: cion's contribution format income statement for last P 2,000,000 ble Costs 1400.000 ribution Margin…
A: Contribution margin ratio is the ratio of the contribution margin to sales revenue Breakeven point…
Q: 94 From the following data, calculate: Fixed Expenses OMR 12000. Break-Even point OMR 20000. (a) PIV…
A: Cost volume profit analysis is useful to find out the different sales volume on the basis of…
Q: A dining set costs a company $2,300 to manufacture. If it sells for $5,175, what is the percent…
A: Solution... Cost = $2,300 Sales = $5,175 Markup on cost = ?
Q: A product has a sales price of $340 and a per-unit contribution margin of $136. What is the…
A: Contribution Margin: The Contribution Margin is also can be treated on a gross or per unit basis.…
Q: With 60 Rs per unit sales price and 45 Rs per unit variable expense, calculate contribution margin %…
A: Based on the given information, Contribution margin % = Sales price-Variable expenseSales…
Q: Your company’s fixed expenses total $150,000, it’s variable expense ratio is 60% and it’s variable…
A: We know that as per Margin costing Selling price - Variable cost - Fixed cost = Profit Selling…
Q: Rooney Company reported the following data regarding the product it sells: Sales price Contribution…
A: Break even point means a situation where the is neither profit nor loss. Sales revenue is sufficient…
Q: the sale of n.l. units ( 120) unit in price ( 3500)$. to unit , the sales value on its?
A: Sales value of the business is calculated by multiplying number of units sold by unit sale price per…
Q: Complete the following and round to the nearest hundredth percent 8-5 cost$ 15.10 selling price $…
A: Dollar mark up = Selling price - cost = $22.20 - $15.10 = $7.10
Q: A company has contribution margin per unit of P45 and a contribution margin ratio of 40%. What is…
A: Contribution margin ratio = Unit Contribution margin / Unit selling price
Q: 10. Icelandic skis are marked up 75% on cost. What is the equivalent rate of markup based on…
A: The markup on selling price can be calculated as ratio of markup amount and selling price
Q: Shoecraft earns a 42% contribution margin as percent of selling price, What is Shoecraft's ANNUAL…
A: Step 1 Profit is the difference between sales and cost of sales of all the sales made by the entity…
Q: Suppose consumers will purchase q units of a product at a price of 100/q+7 dollars per unit. What is…
A: Revenue can be defined as the amount earned from daily business transactions, sale of goods and…
Q: How much sales are required to earn a target net income of OMR 200,000 if total fixed costs are OMR…
A: Contribution refers to earnings left after deducting all direct costs from the sales revenue. It is…
Q: The selling price that would maintain the same contribution margin rate as last year is P9.00…
A: Solution Working note Calculation of contribution margin rate last year =selling price – variable…
Q: If selling price is $150 per unit, variable cost is $81 per unit, and fixed cost is $240, calculate…
A: Given the following information: Selling price: $150 per unit Variable cost: $81 per unit Fixed…
Q: If the gross profit rate on cost is 30%, what is the equivalent rate based on sales? (whole number…
A: Assume, Cost = 100 Then, Profit (100*30%) = 30 Sales (100+30) = 130
Q: LC3Q4.lf the Margin is 20 percent and cost of goods sold is OMR 33000, Calculate the sales figure?
A: Margin means the profit earned . cost means the cost incurred on purchasing the goods. Sales price…
Q: If a company's variable costs are 70% of sales, which formula represents the computation of peso…
A: Solution: If variable cost is 70% of sales and profit is 10% for sale, it means: Fixed costs = 20%…
Q: Selling price of 1000 and markup of 100% what is the cost price
A: The selling price is calculated as sum of cost price and markup cost.
Q: The selling price of a particular product is $81.00 per unit, the variable expense is $55.00 per…
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…
Q: A product has a sales price of $746 and a per-unit contribution margin of $131. What is the…
A: Formula: Contribution margin ratio = Per unit contribution margin / sales price Division of per unit…
Q: If the selling price is $20.80 per unit, the contribution margin per unit sold is closest to:
A: Contribution margin is the sales revenue of the business over and above all variable costs of the…
Q: the final price of a good that cost 8,500. It was MARKED UP by 30% then marked down by 38% and…
A: Markup is the amount of additional profit added to the cost of the product. Markdown is the amount…
Q: If contribution margin percentage is 25% and contribution margin per unit is $500, the selling price…
A: The contribution margin is calculated by deducting the variable cost from the sales. The…
Q: f the selling price per unit is $75, the variable expense per unit is $70, and total fixed expenses…
A: Contribution margin per unit = Selling price per unit - Variable expense per unit Break even sales…
Q: A markup of 36% on cost is equivalent to what markup on selling price? 36.00% 64.00% 73.50% 26.50%
A: Cost + Profit = Selling Price
Q: Calculate the per-unit contribution margin of a product that has a sale price of $225 if the…
A: CVP analysis is considered a decision-making tool that helps management to make strategies and take…
Q: Calculate the gross margin for a product with a cost price of R350 that is selling for R503.13…
A: Cost price and Selling price of a product has been given and gross margin has been asked. Cost…
Q: Calculate the per-unit contribution margin of a product that has a sale price of $395 if the…
A: Lets understand the basics. Contribution margin is a margin earned over a sales. In other words it…
Q: When the gross profit percentage (Markup) of costs is 30%the gross profit percentage of sales is…
A: Gross Profit % is the gross profit earned divided by the sales value / selling price Gross Profit %…
Q: f 2 liter Bubbly-Cola products cost Speedy $16.20 per case of 24 bottles, what is the amount of the…
A: The selling price per unit is the sum of money paid by a buyer for one unit of a product. For…
Q: A product has a sales price of $140 and a per-unit contribution margin of $14. What is the…
A: The provided information are: Sales price = $140 Per-unit contribution margin = $14
Q: Sales revenue is $ 500000 , Variable costs are 30 % of sales revenue and fixed costs are $ 200000 ,…
A: Lets understand the basics. For calculating net profit(loss), we will need to use below formula. Net…
Q: using the price p=20 - .05x, use the Revenue function to find the marginal Revenue function R'(x),…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: Your Company's fixed expenses total $150,000, its variable expense ratio is 60% and its variable…
A: The total costs incurred during a period can be further classified into fixed costs and variable…
Q: To calculate the selling price when the cost and the percent of markup based on the selling price…
A: The difference between the selling price of a good or service and its cost is referred to as markup.…
Q: Assume in each case that the selling expenses are $10 per unit and that the normal profit is $6 per…
A: The question is based on the concept of Business Accounting.
Q: For the price per 200 gram, why its total cost is still 528.72?
A: Item Inclusion (kg) Unit Cost Per Kg (PhP) Total Cost (PhP) 1. Raw Milk 10.00 35.00 350.00 2.…
if dollar markup is $5.60 and percent markup is 101.82% on cost, what is cost and selling price?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- A retailer uses a 35% markup on cost. What is the equivalent percent markup on selling price (to the nearest tenth of a percent)?If an item will be priced according to a 55 percent gross margin and the item costs $20, use that gross margin percentage to directly calculate the item’s priceIf the gross profit rate on cost is 30%, what is the equivalent rate based on sales? (whole number and indicate % without space)
- A product with the cost of R150 is selling for R200 what are the mark up percentage and gross margin respectivelyComplete the table using the information provided and assume a VAT rate of 15%: Mark up on cost cost price (Excl VAT) profit (Excl VAT) selling price (Excl VAT) 20% A R40 b23.To calculate the selling price when the cost and the percent of markup based on the selling price are known, you would use the following formula. Cost 100% − Percent markup on selling price True or False
- A mark up of 15% on sales is equivalent to what markup on cost?The markup of a product is RO 90. If the markup is 45% of selling, what is the cost? a. RO 200 b. RO 110 c. RO 150 d. RO 40If a company's cost of sales divided by total sales results in 70 percent, how much does the company pay for an item that it sells for $100?