The Garden Shoppe buys hedge trimmers from a wholesaler and sells them to customers at a retail price of $417.96 each. The Garden Shoppe earns a 37% markup on its cost for this hedge trimmer. Calculate The Garden Shoppe's cost for one hedge trimmer. (Rounding: penny.)

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: Stevie's Scooters plans to sell a standard scooter for $850 and a chrome scooter for $1350. Stevie's…

A: At Breakeven, There is no profit no loss i.e. Total revenue = Total costAt Breakeven point,…

Q: Sears is running a special on fridge and dishwasher. Separately the fridge sells for $900 and the…

A: COST ALLOCATIONWhen items of cost are identifiable directly with some products or departments such…

Q: Buzz Machinery, a wholesaler, buys hedge trimmers from a manufacturer for $376.24 each and sells…

A: Sale price = Cost price / ( 1 - Margin value )

Q: A wholesaler purchases widgets for $8 per unit from the manufacturer and sells it to retailers who…

A: Lets understand the basics. When goods sold by the manufacturer to wholesaler then mark up add by…

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: dit, which will affect the actual cost of asset being sold for the buyer and the seller. Consider…

A: 1/10 , net 30Discount of 1% for 10 days.

Q: Victor has been making basic mouse traps since 1898.  This year, Victor expects a total contribution…

A: Solution: Earnings on sales for wholesales = 20% Earning per unit of wholesalers = $0.62 Selling…

Q: Bernie’s Bike Shop receives the following trade discounts: 35/25/15. The vendor’s price list…

A: The question is based on the concept of Business finance.

Q: Find the selling price. A store pays $8 for a pool noodle. The markup is 20%.

A: The selling price is calculated as sum of cost price and markup value.  SP = cost price + Markup…

Q: Shipping and insurance delivery chart Find the total cost of five pop-up hampers at $10.00 each and…

A: Given  Five Pop Hamper @ $ 10.99  and two Non Stick pan @ $12.9

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: shoe store marks up the price of its shoes at 140% over cost. A pair of shoes goes on sale for 20%…

A: The answer is as fallows

Q: Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 80%. The National…

A: Selling price = Total cost + Markup where, Markup = Total cost x markup %

Q: ch sells for $1020. Instead of paying the total amount at the time of purchase, the same couch can…

A: If money is paid in cash company accept lower amount and that is going to be discount due to the…

Q: Restaurant supply sells a walk- in refrigerator for $5250 while using a markup of 25% on cost. Find…

A: INTRODUCTION: The cost of a thing or service in a business is the sum of money spent on its…

Q: Oriole Company sells 455 units for $290 each to Sheffield Inc. for cash. Oriole allows Sheffield to…

A: The refund liability is the amount of consideration that the reporting entity does not expect to be…

Q: Mike purchases a bicycle costing $156.90 sales taxes are 5% and local sales taxes are 3%. The store…

A: Given: Cost = $156.90 Sales tax = 5% Local sales tax =3% Store charges = $20

Q: A tree provider to plant nurseries is trying to use customer lifetime value to determine the value…

A: The net present value is the capital budgeting metric that considers the effect of time value of…

Q: Debit

A: Refund liability is the amount of sale revenue that the company does not expect or is entitled to.…

Q: A work at home opportunity is available in which you will receive 3 percent of the sales for…

A: Commission = Sales * Commission rate

Q: A person sells widgets. It costs 154 to buy the materials today. In a year, the sales of widgets…

A: NPV refers to net present value. NPV is the sum of present values of all future cash flows. It is…

Q: Randy buys a lawn tractor costing $935.90. The store charges $35 for assembly and $30 for delivery.…

A: Purchase price is the amount at which an asset is bought by the entity. It not only includes the…

Q: 1. Miracle Appliance is a wholesaler of kitchen appliances. You are the purchaser for a home store…

A: Whenever the seller of the product wants to increase sales and revenue from the product, it may…

Q: Freshly Farms plants 80 acres of Brussels sprouts every spring. Freshly sells its sprouts to a…

A: It was given that cooperative takes a 16% margin on the cooperative's selling price.  Let us…