Q: What will be the operating profit ratio, if operating ratio is 88.34%?
A: We have the following information: Operating Ratio: 88.34%
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A: Hi student Since there are multiple subparts, we will answer only first three subparts.
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A: Introduction: Total revenues: Multiplying price with the quantities derives the Total revenues.…
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Q: The price of a product is expressed as ?, PHP = 10 – 28? where ? is the demand. Which of the…
A: Solution:- Total revenue = Price of product x Total demand of the product
Q: assume that markup is based on selling price. calculate cost and selling price. dollar markup s…
A: Cost =Selling price - markup Let selling price be X. Markup on sale = $5.60
Q: If the gross profit ( 2250 000 )D. The total Cost ( 4750 000 )D. , and the Sales value ( 7000 000…
A: If the gross profit 2250000D. The total Cost 4750 000D., and the Sales value 7000000 D.The percent…
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A: Selling Price - Selling Price is the price at which seller sell its product to the buyer. Seller has…
Q: A product has a sales price of $230 and a per-unit contribution margin of $115. What is the…
A: The contribution margin is considered as an excess of revenue over variable expenses.
Q: Calculate the per-unit contribution margin of a product that has a sale price of $200 if the…
A: Introduction: Per unit contribution margin: It tells the margin remaining after deducting all the…
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A: The computation of target gap is presented hereunder :
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Q: Which of the following is a true statement? O The mark-up is designed to cover all non-product…
A: Answer: only a and c above The markup method is commonly used in pricing restaurant food menus and…
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: Which of the following is the correct calculation of rate of mark-up on selling price? a.…
A: Rate of Markup on Selling Price:-Sales price minus the unit cost that divides that number of unit…
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Q: Markup is: Group of answer choices Selling price - cost Selling price divided by cost Selling price…
A: Markup is the difference between the cost price per unit and the selling price per unit. Markup…
Q: (a) Find the missing numbers in the table if the markup is based on cost. RM Cost 50 Markup Selling…
A: Solution Note Dear student as per the Q&A guideline we are required to answer the first question…
Q: A bag has a cost of 400 and a mark up rate base on cost of 25%. What is the selling price, mark up…
A:
Q: The sales price for a product provides a gross profit of 14% of sales price. What is the gross…
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Q: Calculate the selling price of a product if the cost price is R100 and the mark up on cost is 30%.…
A: Formula: Selling price = Cost + Markup
Q: Find the percent markup based on selling price, if the percent markup based on the cost is 18%.
A: Solution... Markup on cost = 18% Markup on sales = ?
Q: if dollar markup is $5.60 and percent markup is 101.82% on cost, what is cost and selling price?
A: Given that: Dollar markup = $5.60 Percent markup on cost = 101.82%
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Q: d. Determine the selling price of Product E. Round your answer to two decimal places.
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Q: et cost = Selling price - ______________. a. Cost b. Profit margin c. Revenue d. Expenses
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A: Profit is the amount earned by an entity after deducting all the outlays from the revenues.
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: Calculate the net price factor (as a %) and net price (in $) by using the complement method. Round…
A: Net Price: It is the price that is actually paid after the discount has been deducted.
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: What will be the operating profit ratio, if operating ratio is 81.38%?
A: The operating ratio is given as 81.38%
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: If, Total Fixed cost OMR 40000, Selling price per unit OMR 20, and Variable cost per unit OMR 12.…
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Q: If an item will be priced according to a 55 percent gross margin and the item costs $20, use that…
A: Gross margin percent = 55% Cost of goods sold = $20
5) The price of a product is RO 600, and profit is RO 150. Find the rate of markup on cost and rate of markup on selling price.
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- If selling price is $2.08 and cost is $1.60, what is the price/cost ratio?Complete 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 bif dollar markup is $5.60 and percent markup is 101.82% on cost, what is cost and selling price?
- If the gross profit rate on cost is 30%, what is the equivalent rate based on sales? (whole number and indicate % without space)assume that markup is based on selling price. calculate cost and selling price. dollar markup s $5.60 and percent on markup cost is 101.82%.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 price
- 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 40The following data are available for X Corp:Gross profit is 20% based on cost. Using ABC, compute the selling price of each unit of Product B?Assume that the linear cost and revenue models apply. An item costs $13 to make. If fixed costs are $1600 and profits are $5700 when 100 items are made and sold, find the revenue equation. (Let x be the number of items.)R(x) =