Selling price of 1000 and markup of 100% what is the cost price
Q: Given a selling price of $350 and a gross profit mark-up of 40%, the cost price would be A $100 B…
A: We have the following information: Selling Price: $350 Gross profit mark-up: 40%
Q: If the mark-up based on cost is 50%, what is the mark-up based on sales?
A: For any organization the cost and selling price of the product has to be well defined in order to…
Q: Complete the table using the information provided and assume a VAT rate of 15%: Mark up on cost…
A: A. Cost price = profit / Mark up on cost = R40/20% = R200
Q: Complete the table below. Rate of Rate of Price of Markup Based on Markup Based on Cost Markup…
A: Markup:- It is the margin that is over the cost and included in the selling price is known as…
Q: Calculate total revenue and fill in the table below. Price Quantity Total Revenue $50 60 $40 90
A: Introduction: Total revenues: Multiplying price with the quantities derives the Total revenues.…
Q: Assume that markup is based on cost. Find the dollar markup and percent markup on cost for the…
A: Markup refers to the amount that is added to the cost price to compute the selling price of a…
Q: What percentage markup on the selling price is equal to a 35% cost markup? Show solution.
A: Cost accounting is one of the branch of accounting. Under this, all costs are being calculated and…
Q: Sales=5000 unit , BEP=4000 , Fixed cost = 12000. What is the amount of Profit
A: Profit = contribution - fixed cost BEP = fixed cost/ contribution per unit Total units = 5000…
Q: Evaluate the quantity at which revenue equals to costs (break-even point). Assumptions: Fixed…
A: Breakeven quantity is that quantity at which total costs will be equal to total revenues. This is no…
Q: A product with the cost of R150 is selling for R200 what are the mark up percentage and gross margin…
A: Markup percentage is the gross profit expressed as a percentage of cost. Gross profit is derived by…
Q: If the sale price is 30% more than costs, and the profit for each sold unit is GHS 120, the cost…
A: Cost price per unit = Profit / Profit % of cost
Q: ssume that markup is based on selling price. Calculate the dollar markup and cost. (Round your…
A: The goods are sold to the customer at the price higher than its cost price. The markup cost is the…
Q: assume that markup is based on selling price. calculate cost and selling price. dollar markup s…
A: Cost =Selling price - markup Let selling price be X. Markup on sale = $5.60
Q: Item is canyon scanner sales prices $85 markup percent is 25%, what is the dollar markup and cost?
A: Here, Sales Price is $85 Markup Percentage is 25%
Q: Find out BEP in units and value with the following data: Fixed cost - $50000 Variable cost - $40…
A: BEP in units : Fixed Cost/ (Selling Price per unit - Variable Cost Per unit) BEP in value : Fixed…
Q: How do we know Thai the trasfered in cost is 100% and DMm 0%? how do we calculate it?
A: Transferred in costs are those costs which are accumulated or combined through the product at any…
Q: Suppose consumers will purchase q units of a product at a price of 100/q+7 dollars per unit. What is…
A: Revenue can be defined as the amount earned from daily business transactions, sale of goods and…
Q: Complete the table: Cost Markup…
A: MARKUP % = (SELLING PRICE - COST ) / COST X 100
Q: Sales are 440000 OMR, variable cost = 110000 OMR, profit is 10000 OMR calculate fixed cost a.…
A: Sales = 440000 OMR Variable cost = 110000 OMR Profit = 10000 OMR
Q: Find the markup rate based on selling price if the percent markup based on the cost is 14%.
A: Mark up means the gross profit margin earned on the basis of selling price or cost price. Markup on…
Q: What is the selling price on a product with a cost of $32 and a markup of 20% of cost?
A: The markup is the sum that is added to an item's cost price so as to determine its selling price.…
Q: Assume that markup is based on cost. Calculate the cost and sellin Note: Round your answers to the…
A: Introduction:- A mark-up is a percentage is added to the cost of a product. It is the difference…
Q: Find the percent markup based on selling price, if the percent markup based on the cost is 18%.
A: Solution... Markup on cost = 18% Markup on sales = ?
Q: A markup of 36% on cost is equivalent to what markup on selling price? 36.00% 64.00% 73.50% 26.50%
A: Cost + Profit = Selling Price
Q: if dollar markup is $5.60 and percent markup is 101.82% on cost, what is cost and selling price?
A: Given that: Dollar markup = $5.60 Percent markup on cost = 101.82%
Q: omplete the table: Cost Markup…
A: Solution: Let us assume selling price = 100 Markup on selling price = 100*40% = 40 Cost = 100 - 40 =…
Q: Q. 12. The markup percent is based on cost. Compute the missing terms. 100% + Cost Markup % Markup…
A: Markup on cost is the percentage added to the production cost to determine the selling price,…
Q: A mark up of 15% on sales is equivalent to what markup on cost?
A: Suppose Sales = $100 Markup = 15% of Sales Markup = $15 So the Cost will be $85
Q: Find out BEP in units and value with the following data: Fixed cost - $30000 Variable cost - $20…
A: The cost volume profit analysis or CVP analysis is used for the purpose of determining the effect on…
Q: Find out the Profit volume ratio with the following data: Sales: $50000 Variable cost: $10000.
A: Profit volume ratio or P/V ratio is also known as contribution ratio shows the relationship between…
Q: If the demand equation is Q = 100-10P. find the consumer’s surplus when the consumer purchases 18…
A: Consumer surplus can be defined as the area of the triangle above the price and below the demand…
Q: To calculate the selling price when the cost and the percent of markup based on the selling price…
A: The difference between the selling price of a good or service and its cost is referred to as markup.…
Q: If, Total Fixed cost OMR 40000, Selling price per unit OMR 20, and Variable cost per unit OMR 12.…
A: Given: Selling price per unit = OMR 20 Variable cost per unit = OMR 12 Therefore, Variable cost…
Q: Calculate Profit from the following data: Sales: $40000 Material cost: $10000 Labour cost: $10000…
A: The cost volume profit analysis or CVP analysis is used for the purpose of determining the effect on…
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- What percentage markup on the selling price is equal to a 35% cost markup? Show solution.if dollar markup is $5.60 and percent markup is 101.82% on cost, what is cost and selling price?Assume that markup is based on cost. Calculate the cost and selling price. Note: Round your answers to the nearest cent. Cost Selling price Dollar markup $ 6.00 Percent markup on cost 101.69 %
- A product has a sales price of $150 and a per-unit contribution margin of $50. What is the contribution margin ratio?If, Total Fixed cost OMR 40000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the amount of profit if actual sales are OMR 120000?Assume that markup is based on selling price. Calculate the dollar markup and cost. (Round your answers to the nearest cent.) Selling price Dollar Item Markup percent Cost markup Canon scanner 2$ 105 40 %
- Complete the table using the information provided and assume a VAT rate of 15%: Mark up on cost cost price (Excl VAT) profit (Excl VAT) selling price (Excl VAT) 20% A R40 bQ. 12. The markup percent is based on cost. Compute the missing terms. 100% + Markup Percent 50% Markup % Cost Selling Price $636omplete the table: Cost Markup Selling Price $480 40% on selling price _______ ?selling price
- assume that markup is based on selling price. calculate cost and selling price. dollar markup s $5.60 and percent on markup cost is 101.82%.Find the markup rate based on selling price if the percent markup based on the cost is 14%.Complete the table: Cost Markup Selling Price $480 40% on selling price _______ amt selling price