We have a best selling sofa on which we have a gross margin of 40%, (meaning that we buy for 60x and sell for a 100x). Delivery cost of this product is 15% thus having a gross profit of 25%. If I apply 10% discount on the sales price, what is the gross profit after this discount?

Q: Given the constant profit margin of 25%, determine the primary or net income for each SKU. Type your…

A: Net sales = Quantity sold - Returns from customers  Net income = Net sales x Selling price x Profit…

Q: What are the optimal prices and profits for pure bundling.

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: The markup of a product is RO 90. If the markup is 45% of selling, what is the cost? a. RO 200 b. RO…

A: Cost of the product = markup / markup %

Q: The estimated selling price of a new mobile phone is RO 110. The company wants to earn a mark up of…

A: Profit = 25% on cost Selling price = Cost + Profit = 100+25 = 125% on cost Target cost = RO 110 /…

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: The owner of a widget factory finds that the he can sell x widgets in a month if he 3 charges a…

A: The revenue is the total amount to be received by the firm by selling goods at a particular price.…

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: You are considering opening a copy service in the student union. You estimate your fixed cost at…

A: a) The break-even point in dollars for the copy service can be calculated by dividing the fixed…

Q: i want answer of this question please provide

A: PLEASE GIVE HELPFULL REVIEW

Q: Calculate the per-unit contribution margin of a product that has a sale price of $200 if the…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: 1. After determining the total product cost of P100.00 per unit, Mr. Abecee the owner, decided to…

A: The question is based on the concept of Cost Accounting. Retail price is calculated by adding the…

Q: A company produces televisions. The cost of producing x televisions per month is given by C(x) =…

A: A company is in the business of production of televisions.The cost of producing televisions is given…

Q: If the cost of a CD is $15. The profit expected is $5 The current selling price is $20. What is the…

A: Target cost: It is the cost which can be calculated by deducting the desired profit from estimated…

Q: Piedmont Company sells one cell phone for $500. The contribution margin is $300. What is the…

A: Lets understand the basics. Contribution margin ratio indicates contribution generated compare to…

Q: A computer was put on sale by the store owner. A trade discount of 30% is given to any buyer but…

A: Cost price is the price at which the goods and services are ready after they are manufactured. This…

Q: A recliner chair that sells for $1,469 is marked up 45% of the selling price. a. What is the markup?…

A: Markup refers to the profit a seller wants on the sale of the product. It is added to the cost of…

Q: Assume a selling price of $6.50, variable cost of $4.20, fixed cost are $5,800, and the company…

A: Fixed costs persist over time regardless of the volume of output or sales. In the short term, these…

Q: Raju is a price taker in a product market that is very competitive. The market price is now $80 per…

A: Introduction:- Calculation of desired profit as follows:- =Market price x Desired profit =$80 x 20%…

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: Cheetah Company manufactures custom-designed skins (covers) for iPods® and other portable electronic…

A: Break-even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…

Q: a retailer wants to add a line of bike carriers to his sports department and plans to sell one model…

A: Profit =selling price - cost price Profit markup % = profit /selling price *100

Q: Draw up a marginal cost statement on the basis that 12,000 units will be sold and calculate the net…

A: 1. Breakeven point is the point where there is no profit and loss. At this point the company has…

Q: For instance, say the total cost of producing 100 units of a good is P200. The total cost of…

A: Marginal cost is the cost of producing additional units of a product.

Q: A buyer plans to sell a certain group of shirts in his store for $24 each. He needs to achieve a 45%…

A: The cost of shirt can be calculated as the difference of selling price and the markup amount.

Q: If a Blackbirds shirt costs $24 and can be sold for $60, what is the contribution to sales ratio?

A: Contribution means the difference between the selling price and variable cost . Fixed cost remain…

Q: A Company wants to introduce new mobile phone into the market. The estimated price of each mobile…

A: When a new product is being introduced into a market, there are several aspects that should be…

Q: 20) The estimated selling price of a new mobile phone is RO 55. The company wants to earn a mark up…

A: Profit = 10% on cost Selling price = 110% on cost Target cost = RO 55 / 110% = RO 50

Q: Smitty's pays $423.73 to a wholesaler for each DVD player they buy. Their operating expense is 33%…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Bonita Industries sells MP3 players for $80 each. Variable costs are $50 per unit, and fixed costs…

A:

Q: Suppose that the demand for a product is given by Q=25-0.25P. If the product's price is $128 per…

A: Q = 25 - 0.25PWhereP = Price of the product = $128Q = Quantity demanded

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: The price for one coffin is 1,500 I want to sell 1,700 and sell 12 of them in one year what would…

A: The gross profit margin is calculated as the profit on the item divided by the selling price of the…

Q: Harris Company produces a product whose cost is $25. Assuming the company uses a cost-plus pricing…

A: Selling price :— It is calculated by adding the total cost and required profit margin.    Selling…

Q: What are the optimal prices and profits for selling the goods seperately?

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: An item sells for P25 a unit, but a 10% discount is offered for lots of 150 units or more. A company…

A:

Q: How much does operating income increases?  If Mike wants a $4,000 profit, what's the min price it…

A: Sale for Desired Profit = Cost Incurred + Desired profitSale for Desired profit (in Units) = (Cost…

Q: You are the sales manager for Mighty Widgets Manufacturers Inc. You are negotiating a 25% markup…

A: Let the manufacturer selling price be $100 Markup = 25% So, markup price = $100 x 25% = $25 Hence,…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.