Your Fan retails computer fans in two sizes: small and large. The business has provided you with the following information for a regular month of trading: Small fans Large fans Selling price ($ per fan) Purchase price ($ per fan) Delivery cost to customer ($ per fan) Monthly fixed cost ($) 37 60 26 39 1.0 1.5 20,000 Average monthly sales volume (units) 900 550 Business owners are considering selling computer fans in one size only. Retailing one fan size would mean lower purchase cost and selling price per unit and larger monthly sales volume. The table below
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- Your Fan retails computer fans in two sizes: small and large. The business has provided you with the following information for a regular month of trading: Small fans Large fans Selling price ($ per fan) 37 60 Purchase price ($ per fan) 26 39 Delivery cost to customer ($ per fan) 1.0 1.5 Monthly fixed cost ($) 20,000 Average monthly sales volume (units) 900 550 Business owners are considering selling computer fans in one size only. Retailing one fan size would mean lower purchase cost and selling price per unit and larger monthly sales volume. The table below reflects how trading would change if only small or large fans were sold. Only small fans Only large fans Selling price ($) 32 54 Purchase price ($) 20 32.5 Delivery cost to customer ($ per fan) 1.0 1.5 Monthly fixed cost ($) 16,800 23,000 Average monthly sales volume (units) 1,800 1,300 Required: For each of the three…Suppose you are the purchasing manager for a company that manufactures scanners and other computer peripherals. Your vendor for scanner motors is now offering "quantity discounts" in the form of instant rebates and lower shipping charges as follows. Quantity Net Price Rebate Shipping 1-500 motors $16 none $1.50 501-1,000 motors 16 $1.30 1.10 1,001-2,000 motors 16 1.90 0.80 (a) Calculate the cost of the motors, including shipping charges, for each category (in $). 1-500 motors 2$ 17.50 501-1,000 motors 24 15.80 1,001-2,000 motors 24 14.90 (b) If you usually purchase 400 motors per month, what percent would be saved per motor by ordering 800 every two months? Round to the nearest tenth of a percent. 9.7 % (c) What percent would be saved per motor by ordering 1,200 every three months? Round to the nearest tenth of a percent. 14.9 (d) How much money (in $) can be saved in a year by purchasing the motors every three months instead of every month? $ (e) What other factors besides price…Solve the following application problems. 10. M.S.U. bookstore buys notebooks for $39 per box of 50. Find the selling price per notebook if the retailer maintains a markup of 20% on the selling price. Round to the nearest cent.
- Hewlett Packard introduces a new high-speed, Indigo Digital Press that can be used to print brochures, business cards, posters, and photos at a list price of $126,300. Find the net cost if a trade discount of 5/20/5 is given on the first ten sold.Your firm sells home appliances at retail. When ordering washingmachines from the manufacturer, you notice the following terms listed inthe catalog:♦ List price, $400♦ Trade discounts of 25/15/5 If you take advantage of all trade discounts, find the net price you will payfor the washing machine.ramon hernandez saw the following advertisement for a used volkswagen bug and decided to work out the numbers to be sure the ad had no errors. cash price $7,880 down payment $0 annual percentage rate 14.53% deferred price $11,131.80 or 60 payments at $185.53 per month a. calculate the amount financed: b. calculate the finance charge. (round your answer to the nearest cent.): c. calculate the apr by table lookup. (use table 14.1(b).) (round your answers to 2 decimal places.): d. calculate the monthly payment by formula. (round your answer to the nearest cent.): Calculate the monthly payment by table lookup at 14.50% (Use table 14.2 round your answer to the nearest cent):
- Sales Price Cost to CBS Product per-package, per unit per-package, per unit Electronic hardware package Desktop computer Tablet computer Landline telephone 4-in-1 printer $1,200 $620 750 400 300 60 150 60 350 100 Date Transactions 2018 CBS sells 10 electronic hardware packages to a customer at a sales price of $1,200 each. The customer pays immediately with cash. July 1 July 7 CBS sells 20 desktop computers to a customer on credit. The credit terms are n/15 with an invoice date of July 7. The following entries occur. July 17 the customer makes full payment on the amount due from the July 7 sale. August 1 a customer purchases 56 tablet computers on credit. The payment terms are 2/10, n/30, and the invoice is dated August 1 August 10 The customer pays their account in full. September 1 CBS sold 250 landline telephones to a customer who paid with cash. On September 3, the customer discovers that 40 of the phones are the wrong color and returns the phones to CBS in exchange for a full…Directions: Show complete solutions. Take a picture of your solutions and paste in word. Submit the word file version to my email no later than 10:30am today. Thanks. Problem 1: Quarry Company, a manufacturer of small tools, provided the following information for the year ended December 31, 2020. Inventory at December 31, based on physical count – P1,750,000 Accounts payable at December 31 – P1,200,000 Net sales – P8,500,000 Additional information: Included in the physical count were tools billed to a customer FOB shipping point on December 31, 2020. These tools had a cost of P28,000 and were billed at P35,000. The shipment was in loading dock waiting to be picked up by the common carrier. Goods in transit from a vendor to Quarry Company on December 31, 2020. The invoice cost was P50,000 and the goods were shipped FOB shipping point on December 29, 2020. Work in Process inventory costing P20,000 was sent to an outside processor for plating on December 30, 2020. Tools returned by…Ramon Hernandez saw the following advertisement for a used Volkswagen Bug and decided to work out the numbers to be sure the ad had no errors. Cash price $7,850 Down payment $0 Annual percentage rate 12.78% Deferred price $10,715.40 or 60 payments at $178.59 per month Calculate the amount financed: $7,850 Calculate the finance charge: 2,865.40 Calculate the APR. Note: Round your answers to 2 decimal places. APR: between ??% and ??% Calculate the monthly payment by formula. Note: Round your answer to the nearest cent. Calculate the monthly payment by table lookup at 13.00%. (Use Table 14.2.) Note: Round your answer to the nearest cent. TABLE 14.2 Loan amortization table (monthly payment per $1,000 to pay principal and interest on installment loan) Terms in months 7.50% 8.00% 8.50% 9.00% 10.00% 10.50% 11.00% 11.50% 12.00% 12.50% 13.00% 13.50% 14.00% 14.50% 15.00% 15.50% 16.00% 6 $ 170.34 $ 170.58 $ 170.83 $ 171.20 $ 171.56 $ 171.81 $ 172.05 $ 172.30 $ 172.55 $…
- A photographer buys some merchandise with a list price of $5,000. If the supplier offers trade discount rates of 20/10/5, find the trade discount (in $). (Find the single equivalent discount first.) Single equivalent discount Trade discount Need Help? Read It Master It Watch ItHi Mohamed when you submit this formm, the owner will be able to see your name and email address. 1.If Noof sells abayas for BD23, what would the purchase price be if 20% margin was applied? 2. If Ahmed sells laptops for 290, what would the purchase price be if 20% mark-up was applied?Prepare journal entry to record the expected sales return and cost of goods sold? Pinpong curtains sells with an unconditional sales return if its customers are not satisfied. The sales returns extends 60 days. On February 10, 2021, a customer purchases 4,000 of products (cost 2,000). Assuming that based on prior experience, estimated returns are 20%.