Misu Sheet, owner of the Bedspread Shop, knows his customers will pay no more than $145 for a comforter. Misu Sheet wants to advertise the comforter as "percent markup on cost." a. What is the equivalent rate of percent markup on cost compared to the 20% markup on selling price? (Round your answer to the nearest hundredth p

Q: KidCo has produced a new remote operated toy for children. It costs KidCo $45 to produce and package…

A: Cost to retailer will be the markup on cost and price to consumer will be markup on retail…

Q: Let's say you spend $10,125 to open up a pie store. The retail price of pies is $13, and each pie…

A: Fixed costs = $10,125Sales price = $13Variable cost = $3

Q: Lamphere Lawn Care provides lawn and gardening services. The price of the service is fixed at a flat…

A: Selling price per unit: It is the price at which a unit of product is sold in the market.Variable…

Q: eaner and sels each What is the percent markup based on selling price? Shurgurado Lhines decided to…

A: a) Calculation of percent markup = (4499.5 - 1,875) ÷ 4,499.5 = 58.33%

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

A: Break even point (in units) =  Fixed costs /contribution margin per unit Contribution margin per…

Q: 1.As an optician, on average, you sell eyeglasses for $80/pair. For every pair that you sell, the…

A: The percentage of sales revenue that can be used to pay for fixed expenditures and increase a…

Q: Amanda's Auto Center sells an oil change for $39.95. The company has expenses of $12 for Samantha's…

A: Profit margin is the difference between the sales price and the cost of product or service to make…

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: Susan plans on selling her mugs.  She has created two scenarios and wants to know which will provide…

A: When we have to option and we need to decide when these option get same result , then we need to…

Q: The Lafayette Band Boosters purchased insulated tumblers to sell for a profit. They paid $15 for…

A: Breakeven is the point at which an entity is in a situation of no profit and no loss. At this point,…

Q: You purchased a new Beats headphone on sale for $200. Your grandma also bought one for you as a gift…

A: Opportunity cost refers to the potential benefit you give up by choosing one option over another.…

Q: Ray Smith, a gift basket retailer, has stores in three shopping centres. The average selling price…

A: Break even sales is a point in total sales or the total amount of sales at which a company earns no…

Q: ht not be a good idea. Another pretzel bakery in town also charges $1.50. Perhaps the cost of making…

A: Break even point is where there is no profit and no loss and price is just equal to cost of product.

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: After three years in the cake shop business, Gloria has decided she can now afford to advertise. An…

A: Breakeven is the point at which an entity is in a situation of no profit and no loss. At this point,…

Q: n Searcy buys a condominium for $96,200. He makes a 5% down payment, and pays these closing costs:…

A: Down payment is the amount to be paid by the buyer of the home that is cash money out of pocket of…

Q: Matt wrote a book and wants to sell it for $24.95 per copy. He estimated that he will need to sell…

A: Break-even analysis is the easiest form of cost-volume-profit analysis. Break-even analysis is used…

Q: Walter is a used car dealer.  He has the chance to buy a used car that he thinks he can resell for…

A: Mark-up is the desired margin on a product. It is the value added above cost of the product. The…

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: Am.104.

A: To find the markup percentage of the wholesaler, we calculate the difference between the selling…

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