The wholesale cost of a birdcage is $55. The original markup was 44% based on selling price. Find the final sale price (in $) after the following series of price changes: a markdown of 18% and a markup of 13%. (Round each intermediate selling price to the nearest cent.)
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Q: The wholesale cost of a birdcage is $55. The original markup was 46% based on selling price. Find…
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- The wholesale cost of a desk is $490. The original markup was 67% based on selling price. Find the final sale price after the following series of price changes: a markup of 25%, a markdown of 14%, and a markdown of 34%. (Round each intermediate selling price to the nearest cent.)The wholesale cost of a pickup truck is $16,000. The original markup was 58% based on selling price. Find the final sale price after the following series of price changes: a markdown of 33% and a markup of 43%. (Round each intermediate selling price to the nearest cent.) $ ASAPThe wholesale cost of a birdcage is $55. The original markup was 46% based on selling price. Find the final sale price (in $) after the following series of price changes: a markdown of 14% and a markup of 11%.
- 1. Maintained markup is 42 percent, gross sales are 32,000 O.R, and reductions are 5,000 O.R. What is the initial markup as a percentage? Show calculations: 2. Zara retailer buys each SKU of “Winter Jacket” from its supplier for 80 O.R. and sets a markup percentage of 33.33%, calculate the suggested retail price for this SKU? Show calculations:The wholesale cost of a Digital Sound system is $1,650. The original markup was 63% based on selling price. Find the final sale price after the following series of price changes: a markup of 12%, a markup of 45%, and a markdown of 30%. (Round each intermediate selling price to the nearest cent.) $3,057.43 $3,571.14 $4,994.60 $5,069.52CompuFit Outlet buys portable hard-disks for $540 each and has a rate of markup of 52% of the selling price. During a sale, it offers a markdown of 75%. a. Calculate the regular selling price. Round to the nearest cent b. Calculate the reduced selling price. Round to the nearest cent
- The following is Cullumber Company’s income statement for the past year. Sales revenue $336,000 Cost of goods sold 134,400 Gross margin 201,600 Operating expenses 145,600 Operating income $56,000 If the company wants to sell a new product that costs $49 wholesale while keeping the same markup structure, what will be the price of the new product? (Use the gross margin percentage and round final answer to 2 decimal places, e.g. 25,124.25.) Price of the new product $enter the price of the new product in dollars rounded to 2 decimal placesThe annual demand for an item is 20,000 units. The cost to process an order is $25 and the annual inventory holding cost is $4 per item per year. Given the following price-quantity breaks for purchasing the item: Quantity Price 1-1,999 $2.50 per unit 2,000 or more $2.40 per unit What is the quantity you will order each time? Please provide detailed calculation of the total cost (including inventory cost and purchasing cost) for each quantity discount scenario.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)
- The following data are given on current operations of MOMS Trading: Sales volume (unis) 108,000 Unit selling price P10.00 Unit variable costs and expenses 4.00 Fixed costs and expenses 320,000 Gross profit rate 40% Terms of sale 25 days charge Minimum desired rate of return 30% A proposal has been presented to the effect that the terms of sales be prolonged to 30 days at the current selling price in order to increase sales volume by 25%. There are objections to the said proposal because of possible loss from bad debts estimated at 2% of increased sales and an expected increase in inventory requirement despite the plan to maintain it at its current level that is equal to 25 day’s sales. Do you agree to the proposal? Why? Show computationsWhat is the selling price per switch if gopaul electronics manufactured 1,500 switches for the period under review and uses a markup of 33 1/3% on cost?Given the following, calculate the net price of the purchase by a customer who buys 1,000 cases of product and pays the supplier within 15 days of shipment. What is the total percentage discount on the sale? Cost of product: $75.00 per case Trade discount: $5.00 per case Quantity discount: 1.5% for each 500 cases Performance allowance: 5% Cash discount: 2/10, net 30