QUESTION 6 2 what is the Mark up dollars? Retail $25.00 Cost Markup 38%
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- Question 29/50 58 % 83 min 18 secs Catt sells goods at a margin of 50%. During the year to 31 March 2015 the business made purchases totalling $134,025 and sales totalling $240,000. Inventories in hand at 31 March 2015, valued at cost, was $11,385 higher than the corresponding figure at 1 April 2014. What was the cost of the goods Catt had drawn out? A. O 14590 В. 2640 C. Vin 25410 D. 37360 Next O Mark For Review eVol)4G+ 35% LTE1 L Fruit Tea's data show the following information: Aug. Sept. Oct. Nov. Dec. 25,000 27,500 28,000 27,000 $ 31 $ $ 31 Estimated sales (units) Sales price per unit Direct labor per unit Labor rate per hour 25,000 31 $ 31 $ 31 $ 1.75 $ 1.75 $ 1.50 $ 1.50 $ 21 $ $ 1.50 21 $ 24 $ 24 $ 24 New machinery will be added in October. This machine will reduce the labor required per unit and increase the labor rate for those employees qualified to operate the machinery. Finished goods inventory is required to be 20% of the next month's requirements. Direct material requires 2.5 pounds per unit at a cost of $5 per pound. The ending inventory required for direct materials is 20% of the next month's needs. In August, the beginning inventory is 3,750 units of finished goods and 13,125 pounds of materials. Prepare a production budget, direct materials budget, and direct labor budget for the first quarter of the year. ||| O < 19:48 25-22-1.pdf ку220 units at $50 each Please answer only last sub part thanku
- Question 1 1-pts You own Souvenir Gallore, a souvenir shop on Lane Avenue. You would like to do an ABC analysis based on annual dollar usage. You sell the following list of retail items in your store. Annual demand Items Unit cost (units) Greeting cards 10,000 $1.50 Key chains 975 $15.50 Candleholders 700 $35.00 Caps 775 $19.50 Calendars 350 $32.00 Watches 380 $25.00 The annual dollar usage of watches is $ and the ABC class that watches belong to is G Search or type URL 23 2$ & 3 7 8. E R T Y U < COChapter 7 R E V I E W Write the letter of the best answer to each question. Find the original price for a kitchen table and chairs selling for $799.99 at 40% off. Round to the nearest dollar. A $800.00 B $1,120.00 C $1,333.00 D $2,000.00Date Date 1/9/18 10/9/18 Dollar Rate Dollar Rate 1,16 Price in Euros Price in Dollars Price in Dollars Difference 1,18 Model 300 VRG 625 RTM 475 GRM 200 GRM 650 MTY 600 RTM 500 MTY 46.900 € $55.342 $54.404 $938 66.700 € $78.706 $77.372 $1.334 96.100 € 122.600 € 164.900 € 214.400 € 247.300 € $113.398 $111.476 $1.922 $144.668 $142.216 $2.452 $194.582 $191.284 $3.298 $252.992 $291.814 $248.704 $286.868 $4.288 $4.946 1) Most of your exports to the US belong to the model 600 RTM. The experience shows that, if the price of this product rises over 215000 dollars, the exported units will be reduced. If this product is priced in euros, and assuming the trend shown in question 1 continues, what would be the consequences for your company's exports?
- QS 18-15 (Static) Interpreting a CVP chart LO P2 Solve for each of the items below. Dollars $25,000 $20,000 $15,000 $10,000 $5,000 $0 (b) 0 200 400 600 (c) (d). 1. Units produced at break-even point 2. Dollar sales at break-even point 3. Capacity in units 4. Are fixed costs greater than $10,000? 5. If 1,400 units are produced and sold, is there a profit or a loss? (a) (e) 800 1,000 1,200 1,400 1,600 1,800 2,000 2,200 2,400 Units produced and soldEC 3 Question 3 Hometown Bakery sells three types of doughnuts: glazed, jelly, and cake. The following table shows the sales price and variable costs for each type. The bakery incurs $331,000 a year in fixed expenses. Assume that it sells 3 glazed doughnuts for every 1 jelly doughnut and every 1 cake doughnut. DOUGHNUT TYPE SALES PRICE VARIABLE COST Glazed $0.40 $0.29 Jelly $0.52 $0.49 Cake $0.47 $0.29 (a) How many doughnuts of each type will be sold at the breakeven point? (Round intermediate calculations and final answers for the number of doughnuts to the nearest whole, e.g. 5,275.) Jelly doughnuts Cake doughnuts Glazed doughnuts b. What amount of revenue would need to be generated by each type of doughnut for the company to earn $74,100 in operating income?Question 10 of 13 > Using a markup of 35% of cost, a store priced a book at $8.91. (a) What was the cost of the book? (b) What is the markup as a percent of selling price? (a) The cost of the book was S (Round to the nearest cent as needed. (b) The markup as a percent of selling price is % (Round to two decimal places as needed) LF & TH pc
- ▶Inc. is a retailer. Its accountants are preparing the company's 2nd quarter master budget. The company has the following balance sheet as of March 31. Inc. Balance Sheet March 31 Assets Cash $ 83,000 Accounts receivable Inventory 126,000 69,750 220,000 Plant and equipment, net of depreciation Total assets $ 498,750 Liabilities and Stockholders' Equity Accounts payable Common stock $ 81,000 348,000 69,750 Retained earnings Total liabilities and stockholders' equity $ 498,750 accountants have made the following estimates: 1. Sales for April, May, June, and July will be $310,000, $330,000, $320,000, and $340,000, respectively. 2. All sales are on credit. Each month's credit sales are collected 35% in the month of sale and 65% in the month following the sale. All of the accounts receivable at March 31 will be collected in April. 3. Each month's ending inventory must equal 30% of next month's cost of goods sold. The cost of goods sold is 75% of sales. The company pays for 40% of its…Question A All That Remains Products has projected sales for next year of: Q1 Q2 Q3 Q4 Sales $ 77,300 $ 80,750 $ 87,150 $ 95,040 The company places orders each quarter that are 65 percent of the following quarter's sales and has a 60-day payables period. What is the accounts payable balance at the end of the third quarter? Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line.Testbank Multiple Choice Question 99 A markup of 32% on cost is equivalent to what markup on selling price? O 24.20% O 32.00% O 68.00% O 75.80%