Hoe much sold for to achieve the desired markup ? Armatha Jewelers wants to set the markup on a new sapphirebracelet at 32% based on the selling price. If the company paid$6,460.00 for one, then how much should it be sold for toachieve the desired markup?a. $8,000.00b. $4,392.80c. $9,500.00d. $9,500.00

To calculate the selling price of the sapphire bracelet to achieve a 32% markup based on the selling…

Answered: Armatha Jewelers wants to set the…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter21: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 10MC

See similar textbooks

Similar questions

Accounting Problem: The markup on a new diamond ring should be 28% based on the selling price. If the seller paid $7,325.00 for one, then how much should it be sold for to achieve the desired markup? a. $6,033.33 b. $4,550.00 c. $10,173.61 d. $5,000.00
The markup on a new diamond ring should be 28% based on the selling price. If the seller paid $7,325.00 for one, then how much should it be sold for to achieve the desired markup? a. $6,033.33 b. $4,550.00 c. $10,173.61 d. $5,000.00 General Accounting
Please provide answer this accounting problem with correct calculation
? Solution
account postriond
Financial Accounting Question please solve
Give correct answer with correct calculation
a. what is the EOQ for a firm that sells 5,000 units when the cost of placing an order is $5 and the carrying cost are $3.50 per unit? b. how long will the EOQ last? how many orders are placed annually? c. as a result of lower interest rates, the finnancial manager determines the carrying cost are now $1.80 per unit. what are the new EOQ and annual number of objects?
The Warren Watch Compony sells watches for $25, fixed Costs are $170,000, and variable costs are $15 per watch! watchili 1 ngay 20 a) What is the firm's gain or loss at sales st. of 10,000 watches & Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. $ NOM MAX 250 Seb(2 Bek What is the firm's gain or loss at sales of 18,000 watches? Loss, if any, should be indicated by a minus sign. Round your answer to the nearest cent. ( st b) What is the break-even point Cunit sales)? Round your answer to the nearest whole number. Slow EHMNY 2.3
The Weaver Watch Company sells watches for $25, the fixed costs are $140,000, and variable costs are $15 per watch.a. What is the firm’s gain or loss at sales of 8,000 watches? at 18,000 watches? b. What is the breakeven point? Illustrate by means of a chart.c. What would happen to the breakeven point if the selling price was raised to $31? What is the significance of this analysis?
ssume that Cane expects to produce and sell pplier has offered to manufacture and deliver 80,000 Alphas to Cane for a price of SH0 per unit. What is the financial advantage (disadvantage) of buying 80,000 units from the supplier instead of making those units? 10. Assume that Cane expects to produce and sell 50,000 Alphas during the current year A plher has offered to manufacture and deliver 50,000 Alphas to Cane for a price of S80p- unit. What is the financial advantage (disadvantage) of buying 50,000 units from the supplier instead of making those units? 11. How many pounds of raw material pre needed to make one unit of each of the two produeee 12. What contribution margin per pound of raw material is earned by each of the two produeten 13. Assume that Cane's customers would buy a maximum of 80,000 units of Alpha and 60 units of Beta. Also assume that the raw material available for production is limited to 160,000 pounds, How many units of each product should Cane produce to maximize…
Your storage firm has been offered $96,900 in one year to store some goods for one year. Assume your costs are $95,200, payable immediately, and the cost of capital is 8.1%. Should you take the contract? The NPV will be $ Should you take the contract? The contract (Round to the nearest cent.) be taken (Select from the drop-down menu.)

SEE MORE QUESTIONS

Recommended textbooks for you

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Intermediate Financial Management (MindTap Course…

Finance

ISBN:

9781337395083

Author:

Eugene F. Brigham, Phillip R. Daves

Publisher:

Cengage Learning

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

SEE MORE TEXTBOOKS

Armatha Jewelers wants to set the markup on a new sapphire bracelet at 32% based on the selling price. If the company paid $6,460.00 for one, then how much should it be sold for to achieve the desired markup? a. $8,000.00 b. $4,392.80 c. $9,500.00 d. $9,500.00