Frank sells produce. He must mark the selling price of bananas high enough to make the desired profit. He paid $0.45 per pound for 400 pounds of bananas. On average, 10% of the bananas will spoil. Find the selling price per pound needed to achieve 145% markup on cost.

Q: Arley's Bakery makes fat-free cookies that cost $1.60 each. Arley expects 20% of the cookies to fall…

A: Computation of the total quantity of fat-free cookies are saleable:     Quantity produced 175…

Q: Thomas and Theresa work for a company that receives $75 for each unit of output sold. The company…

A: solution given Selling price per unit $75 Variable cost per unit $30 Fixed cost…

Q: In a recently opened shopping mall, Jagdeep sells handmade coffee mugs in a booth for $25 each and…

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A: Here we need to use contribution margin formula to calculate profit. It is sale price less variable…

Q: It costs $0.45 to produce a serving of lemonade. If you sell the lemonade for $4.50, what is the…

A: Cost Price: The amount paid to purchase an article or the price at which an article is made is known…

Q: Kim works at a sports store and needs to determine the selling price for running shoes. The running…

A: Lets understand the basics.There is slight gap between the term gross margin and mark up. Gross…

Q: The first customer bought $3.00 worth of oranges. She bought them in a bag, so she didn't know that…

A: The net income is the net profit of the company earned during the period. The net income includes…

Q: At the market, you can buy 8 bags of apples for $36. At the orchard, you can get 10 bags of apples…

A: There are two deals available. We have to find which one is better.

Q: Dekentra sells boxes of note cards imprinted with her sketches of bird life along the South Carolina…

A: It is a case that requires to identify the price that can help Dekentra earn a profit of $2000…

Q: Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $145 for a…

A: Mark up are important for business and companies because they can not survive without profit and…

Q: Customer three found a hair in their taco. To make up for it, you gave 40% off their order, but they…

A: Answer:-  Sales tax meaning:- The government levies a consumption tax known as a sales tax on the…

Q: Mary owns a flower shop in Dangwa. She knows that a lot of male customers will buy roses few days…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: At Bed Bath and Beyond, the manager, Jill Roe, knows her customers will pay no more than $300 for a…

A: Selling Price = s = $300Markup Rate = r = 35%

Q: The local fruit stand purchases 600 pounds of bananas at $1.49 per pound. They know from experience…

A: Markup is the difference between the cost price and selling price of a product. Markup is generally…

Q: Assume you sold 10,000 chrysanthemums at 25 pesos apiece in November of last year. A 10% commission…

A: One of the most essential components of a company's revenue statement is sales. It refers to the…

Q: Berry Farm produces organic tomatoes and strawberries. In June 2021, it transported 115 boxes of…

A: As per IAS 115,Revenue Recognition,  5th condition for Revenue  recognization is to recognize…

Q: What is the number of pizzas you need to sell to break even for the month

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Kim works at a sports store and needs to determine the selling price for running shoes. The running…

A: Selling price as per target gross margin=Cost1-Target gross margin Selling price as per…

Q: If the farmer uses pesticides he expects a crop of 60,000 bushels; if he does not use pesticides he…

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Q: Xavi sells seashore paintings. His annual Fixed Costs are $1,000 and the Variable Costs are $8 per…

A: Solution:Break- even point is the point of no profit, no loss i.e. where total expenditure equalizes…

Q: Kim works at a sports store and needs to determine the selling price for running shoes. The running…

A: The objective of this question is to calculate the selling price of the running shoes based on the…

Q: what should each praline be sold for? (Use your

A: Answer - Selling price      $1.69

Q: Old MacDonald produces hay. He has a single employee, Jack. If Jack works for x hours he can produce…

A: As per the Q&A guidelines, if multiple subparts are asked at once then the answer for the first…

Q: A farmer wants to sell future harvest of wheat at the current rate of Rs.18, but he fears that the…

A: Futures Contract  Strike Price = 18 Quantity = 1000 kgs