Stock Number 23-879 20-253 44-981 165-874 60-358 68-847 52-986 35-456 Cost $4.94 $7.98 $21.78 $20.79 Markup Rate (Cost) 3% 8% 10% 16% 20% 23% Markup Amount (Cost) $7.57 $2.60 Sellin Price (C Directions: a. Enter formulas in Rows 6 and 7 to calculate Markup Rate and Amount. b. Enter formulas in Rows 8 and 9 to calculate Markup Amount and Selling Price.
Stock Number 23-879 20-253 44-981 165-874 60-358 68-847 52-986 35-456 Cost $4.94 $7.98 $21.78 $20.79 Markup Rate (Cost) 3% 8% 10% 16% 20% 23% Markup Amount (Cost) $7.57 $2.60 Sellin Price (C Directions: a. Enter formulas in Rows 6 and 7 to calculate Markup Rate and Amount. b. Enter formulas in Rows 8 and 9 to calculate Markup Amount and Selling Price.
Chapter3: Setting Up A New Company
Section: Chapter Questions
Problem 2.3C
Related questions
Question
![D
D
Stock
Number
23-879
20-253
44-981
165-874
60-358
68-847
52-986
35-456
6
Cost
Sam's Soda Shop
Markup
Markup
Rate (Cost) Amount (Cost)
$4.94
$7.98
$21.78
$20.79
3%
8%
10%
16%
20%
23%
$7.57
$2.60
Selling
Price(Cost)
Directions:
a. Enter formulas in Rows 6 and 7 to calculate Markup Rate and Amount.
b. Enter formulas in Rows 8 and 9 to calculate Markup Amount and Selling Price.
c. Enter formulas in Rows 10 and 11 to calculate Cost and Selling Price.
9
d. Enter formulas in Rows 12 and 13 to calculate Cost and Markup Amount.
e.
Format Columns B, D, and E for currency. Set Decimal place to 2. Set
Currency symbol to $. Format Column C for Percentage and 0
Decimal Places.
$8.88
$9.98
$13.92
$17.59](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3b764281-021d-4286-aedf-972b32318ea4%2F352f1cf6-377d-4e25-96cd-6fac3ff98b94%2F22xsrdn_processed.png&w=3840&q=75)
Transcribed Image Text:D
D
Stock
Number
23-879
20-253
44-981
165-874
60-358
68-847
52-986
35-456
6
Cost
Sam's Soda Shop
Markup
Markup
Rate (Cost) Amount (Cost)
$4.94
$7.98
$21.78
$20.79
3%
8%
10%
16%
20%
23%
$7.57
$2.60
Selling
Price(Cost)
Directions:
a. Enter formulas in Rows 6 and 7 to calculate Markup Rate and Amount.
b. Enter formulas in Rows 8 and 9 to calculate Markup Amount and Selling Price.
c. Enter formulas in Rows 10 and 11 to calculate Cost and Selling Price.
9
d. Enter formulas in Rows 12 and 13 to calculate Cost and Markup Amount.
e.
Format Columns B, D, and E for currency. Set Decimal place to 2. Set
Currency symbol to $. Format Column C for Percentage and 0
Decimal Places.
$8.88
$9.98
$13.92
$17.59
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