Company X sets price equal to cost plus 60%. Recently, Company X charged a customer a price of $42 for an item. What was the cost of the item to Company X? Help with this
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Company X sets price equal to cost plus 60%. Recently, Company X charged a customer a price of $42 for an item. What was the cost of the item to Company X? Help with this
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- Assume that the linear cost and revenue models apply. An item costs $13 to make. If fixed costs are $1600 and profits are $5700 when 100 items are made and sold, find the revenue equation. (Let x be the number of items.)R(x) =A small company manufactures a certain item and sells it online. The company has a business model where the cost, C in dollars, to make x items is given by the equation C = 20/3 x + 50. The revenue R , in dollars , made by selling x items is given by the equation R = 10x. How many items must the company sell in order for the cost to equal their revenue?The rate of markup on cost on a product selling at $64.50 is 45%. What is the cost of the product to the retailer? What is the rate of markup on selling price?
- Please help me with show all calculation thankuWhat is the selling price to the consumer?? General accountingAn 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 S
- H6. Show All step by step calculationFind expressions for the Revenue, Cost, and Profit from selling x thousand items. 2) Item Price Fixed Cost Variable Cost $3.00 $31,471 3775xK Suppose that a company offers quantity discounts. If up to 1,000 units are purchased, the unit price is $12; if more than 1,000 and up to 5,000 units are purchased, the unit price is $8.00; and if more than 5,000 units are purchased, the unit price is $7.50. Develop an Excel template using the VLOOKUP function to find the unit price associated with any order quantity and compute the total cost of the order. Complete the formulas in the spreadsheet below. Select the correct VLOOKUP function in cell C8 to find the unit price for the order quantity. (Type integers or decimals rounded to two decimal places as needed.) 1 2 3 5 6 7 8 6 A B C Purchase Quantity 1 to 1000 1001 to 5000 5001 or more Quantity Ordered Unit Price Total Cost 2400 D Unit Price $ $ $
- Need answerHow do I complete the table on question 2.2 ?Complete the table below. Rate of Rate of Price of Markup Based on Cost Markup Based on Cost Markup Selling Price Selling Price Php 1 150 Php 3 450 2. Php 2 070 Php 690 3. Php 1 150 Php 5 750 4. Php 5 520 Php 11 040 5. Php 4 830 Php 4 370 6. Php 18 400 Php 27 600 7. Php 8 050 Php 23 000
