dress has a mark up of 150.Its mark up rate based on cost is 15% . Question: What is the selling price, cost, and mark up rate based on selling price? Please answer it completely if not don't answer it. Thanks tutor

dress has a mark up of 150.Its mark up rate based on cost is 15% . Question: What is the selling price, cost, and mark up rate based on selling price? Please answer it completely if not don't answer it. Thanks tutor

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

A dress has a mark up of 150.Its mark up rate based on cost is 15% .

Question:

What is the selling price, cost, and mark up rate based on selling price?

Please answer it completely if not don't answer it.

Thanks tutor.

Expert Solution

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Step 2 Computation of cost

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Step 3 Computation of selling price

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Step 4 Computation of markup % basis selling price

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g) What is the selling price per mask if Personal Protective Gears manufactured 1,850 masks for theperiod under review and uses a mark-up of 25% on cost?
This is about accounting in merchandising business. Thanks! 1. How much is the cost of goods sold? 2. How much is the gross profit? 3. How much is the net income?
es A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $290 per pair and cost $182.70 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair. Contribution margin (2) Compute the contribution margin ratio. Choose Numerator: Choose Denominator: = Contribution Margin Ratio Contribution margin ratio = G Check n
Jason purchased 10 boxes of face shields from Victoria Trading. The sales invoice shows an amount equivalent to 9 boxes of face shields. What discount does Victoria trading offered to Jason? purchase discount trade discount sales discount credit discount
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