Help Save & ExAunt Sally's "New Orleans Most Famous Pralines" sells pralines costing $1.09 each to make. If Aunt Sally's wants a 35% markup basedon selling price and produces 30 pralines with an anticipated 11% spoilage, what should each praline be sold for?Note: Use your unrounded "number of units available for sale" value (after accounting for spoilage). Round your answer to thenearest cent.Selling price

Answer:- Sales revenue meaning:- The whole amount that a business makes by selling its items to the…

Answered: Aunt Sally's "New Orleans Most Famous…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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What is the selling price of a dining room set at Macy's? Assume actual cost is $800 and 42% markup on selling price. Note: Round your answer to the nearest cent. Selling price
Question; Use a calculator to determine the exact sale price of the speakers in #1 The speakers cost $59.89 and there on sale for 15% off Can someone please tell me what to do in the question? Or even just give me an example with different numbers
A wholesaler sells a guitar for $1,427.40. What is the percent markup based on cost if the wholesaler paid $780 for the guitar? % Need Help? Read It Watch It Master It
Calculating Price Using a Markup Percentage of Cost Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 70%. The National Parks Memory Card Game costs $15.00 each, and another one, the Guess This Animal Track Game, costs $2.00 each. Required: 1. What price will Lake McDonald Gift Shop charge for each National Parks Memory Card Game? If required, round your answer to two decimal places.$fill in the blank 1 2. What price will Lake McDonald Gift Shop charge for each Guess This Animal Track Game? If required, round your answer to two decimal places.
SHORT PROBLEMS. Answer the following problems. Show all solutions. 1. Liza’s On-Line Shop sells custom-made leather bags at a selling price that is 150% of the cost. If the markup is P325, find the 1.1 markup rate based on cost 1.2 cost 1.3 selling price 2. What is the cost of a shirt sold at P150 if the markup rate is 35% of the selling price? 3. What is the markup rate based on selling price if markup rate on cost is 10%? 4. Matt, the owner of B1 and B2 Fruit Stand knows that 10% of the bananas they bought from a wholesaler will spoil and will be thrown out. If he buys 200 kilos of bananas for P15 per kilo and he wants a markup of 40% based on selling price, how much is the selling price of 5 kilos of bananas?
Tech.doo purchases headphones for $16 but adds an additional 350% of that amount to the price tag. How much do customers pay?
Kate figures that based on her target ROS she will have to sell 20, 500 units of PickleKeeper, a storage unit for cucumbers. Kate sells the product direct to consumers for $0.59 and spends $ 0.29 per unit to manufacture and sell it. With fixed costs of $5,000, her target ROS % must be around 9.5%. (Round your answer to the nearest 50 units when choosing an option from below). Question 1 options: True False
Alocal Omani retail store finds out the its competition is ordering 500 kgs each order of a coffee brand. Over years the local Omani store has realized that its competition has adopted an economic ordering quantity (EOQ) policy for ordering. Whereas, local Omani store has determined that it take OMR 25 to order and the annual holding cost is 25% of the price of the coffee brand. The price of the coffee brand is OMR 100 per kg. What is the annual demand for this coffee brand? Round -up to the nearest integer a. 90,000 B. None is correct c. 100,000 d. 125.000 E. 150, 000
Ivy purchases phones for $260.50 each and is selling them for $330.00 each. a. What is the rate of markup on cost? % Round to two decimal places b. What is the rate of markup on selling price?
Green Thumb Nursery sells spreading junipers to the gardening departments of local grocery and building supply stores. The net price per tree is $27.06 after a trade discount of $22.14.What rate of trade discount is the nursery giving to retailers? (Round your answer to one decimal place.)Discount rate = %
8. Maria, store manager for SportsHaven, does not know how to price a garden tractor that cost the store $349. Maria knows her boss wants a 45% markup on cost. Can you help Maria price the garden tractor? (Round your answer to the nearest cent.)

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