A dealer purchased machinery for $66,000.00 per unit. His overhead expenses are 25.00% of the cost and he desires an operating profit of 30.00% of the cost. During a sale, he offers a markdown of 20.00%. a. Calculate the reduced selling price per unit. Round to the nearest cent b. Calculate the break-even price. Round to the nearest cent c. Calculate the profit or loss made per unit at the reduced selling price. Round your answer to two decimal places. Round to the nearest cent. Use a negative sign to represent a loss
A dealer purchased machinery for $66,000.00 per unit. His overhead expenses are 25.00% of the cost and he desires an operating profit of 30.00% of the cost. During a sale, he offers a markdown of 20.00%. a. Calculate the reduced selling price per unit. Round to the nearest cent b. Calculate the break-even price. Round to the nearest cent c. Calculate the profit or loss made per unit at the reduced selling price. Round your answer to two decimal places. Round to the nearest cent. Use a negative sign to represent a loss
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.4: Cicumference And Area Of A Cicle
Problem 46E: A tabletop is semicircular when its three congruent drop-leaves are used. By how much has the tables...
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![A dealer purchased machinery for $66,000.00
per unit. His overhead expenses are 25.00% of
the cost and he desires an operating profit of
30.00% of the cost. During a sale, he offers a
markdown of 20.00%.
a. Calculate the reduced selling price per unit.
Round to the nearest cent
b. Calculate the break-even price.
Round to the nearest cent
c. Calculate the profit or loss made per unit at
the reduced selling price. Round your answer
to two decimal places.
Round to the nearest cent. Use a negative sign
to represent a loss](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4dc4e9b5-ea45-44a6-bb22-1ae61fcba7d8%2Fccef29b2-f21b-4267-a104-34b35b8dee70%2Fq0c5fge_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A dealer purchased machinery for $66,000.00
per unit. His overhead expenses are 25.00% of
the cost and he desires an operating profit of
30.00% of the cost. During a sale, he offers a
markdown of 20.00%.
a. Calculate the reduced selling price per unit.
Round to the nearest cent
b. Calculate the break-even price.
Round to the nearest cent
c. Calculate the profit or loss made per unit at
the reduced selling price. Round your answer
to two decimal places.
Round to the nearest cent. Use a negative sign
to represent a loss
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