What Single Retail Price for all units will result in a 60% Markup? PLEASE FILL OUT THE CHART AND SHOW YOUR WORK.
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Buyer purchased a group Blouses at the following costs: 10 units @ $32.00, 20 units @ $28.00 and 16 units @ $26.00. What Single Retail Price for all units will result in a 60% Markup? PLEASE FILL OUT THE CHART AND SHOW YOUR WORK.
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- An item has a 29% markup based on selling price. The markup is $400. a. Find the selling price. b. Find the cost. Round to the nearest cent. a. The selling price is $ (Round to the nearest cent as needed.) b. The cost is SIf a company has four lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle) for$15, purchase 3 (middle) for $12, and purchase 4 (latest) for $14, which cost would be assumed to be sold firstusing LIFO costing?A. $17B. $15C. $12D. $141.Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item Cost Amount ofMarkup Selling price Percent MarkupBased on Cost Hat $24.75 $30.00 $ % 2.A customer just paid $63.21 for a raincoat. If the percent markup based on cost is 47%, what was the cost (in $)?$ 3.Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item PercentMarkupBased onCost PercentMarkupBased onSelling Price Flashlight % 55% 4.Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent. Item PercentMarkupBased onCost PercentMarkupBased onSelling Price Drill % 42%
- Calculate the total cost, total selling price and selling price per brownie. (Round your answers to two decimal places. Omit the "$" sign in your response.) Percent Selling price Percent Total that will per spoil brownie 10% $ Total quantity Unit Total markup selling Item bought cost cost on cost price Brownies 20 $0.79 $ 60% $The rate of markup on cost on a product selling at $66.45 is 41%. a. What is the cost of the product to the retailer? Round to the nearest cent b. What is the rate of markup on selling price? % Round to two decimal placesA dress has a selling price of 600 and a mark up rate based on selling price of 22%. What is the cost? What is the mark up? What is the mark up rate based on cost ?
- Assume that markup is based on selling price. Calculate the dollar markup and cost. Note: Round your answers to the nearest cent. Item Canon scanner Selling price $ 72 Markup percent 30 % Dollar markup CostCalculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percen Amount of Markup Percent Markup Based on Cost Item Cost Selling price Dress S85.00 60%Retailer X buys a product at $1.75 per unit and plans to sell the item for $3.29 per unit. Calculate the Margin on an (A) COST Basis or (B) RETAIL basis
- 1.2 REQUIRED Calculate the economic order quantity (EOQ) from the information provided below. INFORMATION The monthly demand for an item sold by Super Stores is 1 000 units. The cost is R6 per unit and the item is sold at cost price plus 50%. The ordering cost amounts to R25 per order and the holding cost per unit is equal to 10% of the unit cost of the item.6.A carpet store sells designer rugs at retail for $845.58. If a 50% markup based on cost is added, what is the cost (in $) of the designer rugs? $The following information relates to CEE Company: (Refer to image). Assume that the company uses the average cost approach. What is the cost ratio? Express your answer in percentage and round up to two decimal points. * Retail Cost 500,000.00 Inventory, 12/31/2021 725,000.00 Purchases 1,285,000.00 2,220,000.00 Purchase returns 20,000.00 35,000.00 Purchase discounts 30,000.00 Sales (after employee discounts) 2,450,000.00 Sales returns 125,000.00 Sales allowances 70,000.00 Mark-ups Mark-up cancellations 160,000.00 70,000.00 Mark-down 65,000.00 Mark-down cancellations 32,000.00 Freight in Employee discounts Normal loss from breakage 65,000.00 15,000.00 10,000.00