Need solution for this prblm of financial accounting Rapid Express Courier's zone-based pricing:Base rate: $25 per packageZone multipliers:Local (0-50 miles): 1.0x baseRegional (51-200 miles): 1.4× baseNational (201+ miles): 1.8× baseIf daily deliveries were 85 local, 130 regional, and 45 national packages,calculate total revenue.

Explanation of Zone-Based Pricing: Zone-based pricing is a pricing strategy where the cost of…

Answered: Rapid Express Courier's zone-based…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter6: Merchandising Transactions

Section: Chapter Questions

Problem 19Q: The following is select account information for Sunrise Motors. Sales: $256,400; Sales Returns and...

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What is the gross margin percentage?
Required: Calculate and explain your answer related to the transfer pricing based on the condition: a. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 150 tons. b. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 100 tons. c. Gondo Sentosa sales per month still 30 tons and Ageng Sentosa sales per month 135 tons.
You place an order terms of 2/25, net 45. 000 units of Good X at a unit price of $47. The supplier offers a-1. How long do you have to pay before the account is overdue? a-2. If you take the full period, how much should you remit? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b-1. What is the discount being offered? (Enter your answer as a percent.) b-2. How quickly must you pay to get the discount? b-3. If you do take the discount, how much should you remit? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c-1. If you don't take the discount, how much interest are you paying implicitly? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c-2. How many days' credit are you receiving? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Given the following data from a recent Comparative Competitive Efforts page in the CIR: Industry Average $250 Your Company vs. Ind. Avg. Your AC CAMERA SEGMENT Price (Average Wholesale Price $ per unit) P/Q Rating (1 to 10 stars) Brand Reputation Company $235 5.0 -6.0% 5.1 -2.0% 71 75 -5.3% Number of Models 3 3.1 -3.2% Retail Outlets Multi-Store Chains 26 35 -25.7% Online Retailers 51 68 -25.0% 2,150 5.86 2,897 6.92 Local Retailers -25.8% Retailer Support ($ per unit) Advertising Budget ($000s) Website Displays ($000s) Weeks -15.3% 1,000 800 1,929 1,764 -48.2% -54.6% Sales Promotions 2 4.7 -57.4% Discount 12.0% 15.9% -24.5% Warranty Period (days) Demand for ACC Units (000s) Gained /Lost (due to stockouts) AC Camera Units Sold (000s) Market Share 60 69 -13.0% 255.8 279.0 -8.4% +1.3 257.1 -0.1 278.9 -7.8% 13.2% 14.3% -1.1 pts Special AC Camera Contracts Discount Offer Value Index Avg. Discount =12.4% Avg. Value Index = 71 Total Units = 58.5k 0.0% Special Contract Units Sold (000) Based…
An item has a 29% markup based on selling price. The markup is $400. a. Find the selling price. b. Find the cost. Round to the nearest cent. a. The selling price is $ (Round to the nearest cent as needed.) b. The cost is S
Given the following, calculate the net price of the purchase by a customer who buys 1,000 cases of product and pays the supplier within 15 days of shipment. What is the total percentage discount on the sale? Cost of product: $75.00 per case Trade discount: $5.00 per case Quantity discount: 1.5% for each 500 cases Performance allowance: 5% Cash discount: 2/10, net 30
If the net operating income is $10,000, the gross margin is $40,000, and the cost of goods sold is $49,500, then the sales must be: Multiple Choice $99,500. $129,000. $89,500. $139,000.
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2.3 REQUIRED Calculate the annual economic order quantity from the information provided below. INFORMATION The following details have been supplied by Yolo Limited for one of its products: Monthly sales 6 000 units Carrying costs as a percentage of the unit purchase price 10% Purchase price per unit R50 Cost of placing an order R20
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Rapid Express Courier's zone-based pricing: Base rate: $25 per package Zone multipliers: Local (0-50 miles): 1.0x base Regional (51-200 miles): 1.4× base National (201+ miles): 1.8× base If daily deliveries were 85 local, 130 regional, and 45 national packages, calculate total revenue.