Compute the ff. Cost,Mark on,additional mark up,mark up,mark down.An item cost 2000. Assume an original selling price of 2500. the selling price was raised to 2700. It was later on tagged to sell at 2400 at the original selling price.cost to arriveark-upActivity 2: Read carefully the problems below and compute for the following:1. Cost2. Mark-on3. Additiona! Mark-up4. Mark-up5. Markdown(Use a clean sheet of tablet paper for your answers. Provide your solutions.)1. An item costs P 2,000.00. Assume an original selling price of P 2,500.00. Theselling price was raised to P 2,700.00. It was later on tagged to sell at P 2,400.00.2. Emily bought a product at P 520.00. Assume an original selling price of P 570.00.The selling price was raised to P 600.00. Then, he finally decided to sell the productat P 550.00.Activity 3. Create a group of 3-5 members. You can do this thru online chatting or youcan have the same grouping as when you prepared the Mini-Marketing Plan lastquarter. Engage in a simple online business where you will apply the concept of Mark-on, Markdown and Mark-up. Follow the process below:1. Provide at least three(3) products which you can apply mark-on, markdownmark-uplling price and send it to

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Compute the ff. Cost,Mark on,additional mark up,mark up,mark down. An item cost 2000. Assume an original selling price of 2500. the selling price was raised to 2700. It was later on tagged to sell at 2400

Compute the ff. Cost,Mark on,additional mark up,mark up,mark down. An item cost 2000. Assume an original selling price of 2500. the selling price was raised to 2700. It was later on tagged to sell at 2400

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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Question

Compute the ff. Cost,Mark on,additional mark up,mark up,mark down.

An item cost 2000. Assume an original selling price of 2500. the selling price was raised to 2700. It was later on tagged to sell at 2400

at the original selling price.
cost to arrive
ark-up
Activity 2: Read carefully the problems below and compute for the following:
1. Cost
2. Mark-on
3. Additiona! Mark-up
4. Mark-up
5. Markdown
(Use a clean sheet of tablet paper for your answers. Provide your solutions.)
1. An item costs P 2,000.00. Assume an original selling price of P 2,500.00. The
selling price was raised to P 2,700.00. It was later on tagged to sell at P 2,400.00.
2. Emily bought a product at P 520.00. Assume an original selling price of P 570.00.
The selling price was raised to P 600.00. Then, he finally decided to sell the product
at P 550.00.
Activity 3. Create a group of 3-5 members. You can do this thru online chatting or you
can have the same grouping as when you prepared the Mini-Marketing Plan last
quarter. Engage in a simple online business where you will apply the concept of Mark-
on, Markdown and Mark-up. Follow the process below:
1. Provide at least three(3) products which you can apply mark-on, markdown
mark-up
lling price and send it to

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