Zhang, a dentist, buys and sells specialized toothpaste in her office. She purchases the toothpaste at $3.00 per box, has operating expenses of 20% on cost, and has profits of 50% on cost. Calculate the following. a. Desired profit per unit: Round to the nearest cent b. Amount of markup: Round to the nearest cent c. Selling price: Round to the nearest cent d. Rate of markup on selling price:

Q: Commission rate for a total of $60,000   = %   b. Commission rate for a total of $100,000  = %

A: Solution:

Q: A machine manufacturer sells each machine for $7,400. The fixed costs are $281,900 per annum,…

A: a. To calculate the break-even volume, we need to divide the fixed costs by the difference between…

Q: Cindy has a new job offer but will need a new car for the job. After planning a budget, they…

A:

Q: Lincoln produced a product costing £250/unit. For some internal issues, the costing information has…

A:

Q: The manager of Brass Antiques has determined that a markup rate of 27% is necessary for a profit to…

A: We will find out the required value.

Q: Carl is curious about the original cost of the digital imaging equipment he uses at the First…

A:

Q: The original claim they actually pay is %.

A:

Q: Robert works for Southern Consulting as a sales executive. He is paid a monthly salary of $3,350.00…

A: Robert works for southern consulting  as asales executive.  He is paid a monthly salary of $3,350.00…

Q: the selling price of lumber at home depot is $4,020, percent markup on cost is 40%. calculate the…

A: Given that  the selling price of lumber =$4020 the markup price =40% To find the actual price of…

Q: For $42,350,000, Wesco Developers purchased land which their experts believe to contain 28.5 million…

A: For $42,350,000, Wesco Developers purchased land which their experts believe to contain 28.5 million…

Q: A real estate agent agrees to sell a large apartment complex according to the following commission…

A: It is given that the commission is scheduled for $45,000 plus 25% of the selling price in excess of…

Q: For the first week of June, Kevin Thomas worked 47 hours. Kevin earns $19.30 an hour. His employer…

A: Gross pay is the total amount of money an employee earns for time worked. It includes the full…

Q: Suppose you own stock in Beach Front Resort Inc. which had earnings of $2.09 per share last year. If…

A: if you find my answer helpful please put thumbs up. thank you. the required solution is given below…

Q: Electric Buys purchases scanners for $75 each and retails them at $150 each.  a) What is the rate…

A: Cost price of scanner = $75 Selling price = $150 We have to find rate of markup and gross profit…

Q: An insurance company pays claims for bills from a physical therapist as follows: They take the…

A: Given  Actual bill is reduced by 10% Percentage paid of the remaining amount =35%

Q: .  A local grocery store buys fresh carrots from a nearby farm for $0.49 per pound and sells them…

A: The objective of this question is to find the markup rate that the grocery store uses when selling…

Q: vehicle is driven 30,000 miles per year, and the annual insurance premium is $1,250, what is the…

A: a vehicle is driven 30,000 miles per year, and the annual insurance premium is $1,250, to find  the…

Q: Last year, a battery manufacturing company in Toronto incurred a loss of $602,000.00 by producing…

A: Based on the information provided, here is the restructured answer:Given:- A battery manufacturing…

Q: cost amounted to $170,900. The inventory turnover rate published as the industry standard for a…

A:

Q: Don buys a car for $22,500. Don gets a loan for a year with an interest rate of 3% per year. How…

A: Using simple interest formula,

Q: Brian Vincent booked $431,000 in new sales last month. Commission rates are 1% for he first…

A:

Q: What are her gross earnings for a two-week pay period in which she works 9 hours of overtime at "1…

A:

Q: find the effective rate for a nominal rate of 6% compouded continouslt. write your answer as a…

A:

Q: A population numbers 12 000 organisms initially and decreases by 4% each year. Suppose P represents…

A: As per the company guidelines we can solve first question. I hope that the given solution will help…

Q: What is my gross margin (also called gross profit) AND gross margin percentage (%) if I sell a bag…

A: Gross margin (profit)       = (Revenue - cost of goods sold)/Revenue  Or = (Sale price - COGS)/ COGS…

Q: You bought corn futures at $7.60/bushel and sold them back at $7.50. You bought corn in the cash…

A: Given Corn Future purchase price P=$7.60 Corn Futre Sold price S=$7.50 Corn cash price C=$7.25 To…

Q: Your property taxes come due annually and generally cost about $4,000. You decide that you would…

A: Given :- property tax generally cost about $4000 We decide to set aside some amount every month to…

Q: A markup of 33% based on cost is desired for a load of 600 bushels of peanuts. They were purchased…

A: Given: number of bushels of peanuts is 600, cost price of each bushel is $5.85 and markup rate is…

Q: If the markup on an item is 30.00% of its selling price, calculate the markup as a percentage of the…

A: To calculate the markup as a percentage of the cost of the item if the markup on an item is 30.00%…

Q: what is the selling price of a dining room set at macy’s? assume actual cost is $700 and 42% markup…

A: Given: Actual cost = $700 and markup on selling price = 42%.