What is the profit made by Ace? (profit = sales - cost)
Q: José Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse…
A: SELLING PRICE : = TOTAL COST + MARKUP
Q: 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at…
A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…
Q: A dealer purchased machinery for $57,750.00 per unit. His overhead expenses are 30.00% of the cost…
A: Cost of Machinery =$57,750 Overhead expenses = 30% of cost Operating Profit =40% of the cost…
Q: Thomas and Theresa work for a company that receives $75 for each unit of output sold. The company…
A: solution given Selling price per unit $75 Variable cost per unit $30 Fixed cost…
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: A publisher has a fixed cost of $175,000 associated with the production of a college mathematics…
A: Solution: A publisher has a fixed cost of $175,000 associated with the production of a college…
Q: Two of the lawn mowers sold by Garden Products Co. arethe LawnMaster and the Mark 5. LawnMasters…
A: Compute the gross profit.
Q: An online seller bought 100 boxes of face mask for RM5 each. The operating expenses incurred was 15%…
A: Given Information: Purchase price per Box = RM 5 Number of boxes purchased = 100 Operating Expenses…
Q: Gymnast Clothing manufactures expensive soccer cleats for sale to college bookstores in runs of up…
A: Profit:- Profit is termed as the revenue which a company realized when the business activities…
Q: Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs…
A: Given that, Selling price per MP3 Player = $60 Variable cost per MP3 Player = $40 Fixed cost =…
Q: Patsy smith is planning to sell her special knife for $15 per unit. She purchases units from alocal…
A: Break-Even Point:- This is the point where the company earns no profit no loss. It means from this…
Q: nnie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A: Gross profit rate:- Gross profit rate is calculated by taking total revenue and subtracting the…
Q: Homeward Hardware buys cat iter for $6 less 20% per bag The store's overhead is 45% of cost and the…
A: Note: As per the policy we are supposed to solve three sub-parts at a time. Kindly repost the…
Q: Joel, a florist, buys and sells flowers at his store. He purchases roses at $3.00 each, h operating…
A:
Q: Compute the breakeven point in units sold.
A: Break-even point is the point where the firm does not make any profit or loss That is Sales revenue…
Q: Pimpton Plows sells its product for $50. Its variable cost per unit is $19.00. Fixed costs total…
A: Calculate the break even point as follows: Break even units = Fixed cost / (Selling price - variable…
Q: axine's Pumps (MP) sells bilge pumps for $250 each. Each pump cost $100 to produce and MP's fixed…
A: Break-even point is the level of sales at which, sale revenue is equal to the fixed and variable…
Q: A vegetable stand owner purchases onions at the rate of P350 per kg daily and sells it at the rate…
A: Lets understand the basics. For calculating onwers profit per kg of onion sold, we need to use below…
Q: Suppose that Dove is introducing a new soap (Dove Natural) and expects the following: a…
A: NOTE : As per BARTLEBY guidelines, when multiple questions are given, then first question is to be…
Q: Leon's bought chairs for $180 less 30% and 20%. The store's overhead is 40% of the selling price and…
A: Solution a: Cost of chair = $180 *(1-0.30) (1-0.20) = $100.80 per unit Store overhead and net profit…
Q: Find the selling price b) Find the gross profit c) Find the breakeven price
A: As per our guidelines and protocol we provide solution to first three sub-parts only but as you have…
Q: Appliance Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a…
A: Breakeven Point: It is the point where firm is earn no profit and no loss, and total revenue earned…
Q: Nicolas Appliance Center has purchased electric fans for Php 800 each The electric fans are marked…
A: The markup is the difference between the selling price and cost price of a product. Markup…
Q: SCM Company currently sells a camera for P12,000. An aggressive competitor has announced plans for…
A: Target cost is the cost to achieve target sale price. Under target costing estimation of product…
Q: Bikers Outlet purchases mountain bikes at a cost of P28,000 each. If the company's operating…
A: Operating expenses are costs and expenses incurred for operating the business or product. Markup is…
Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A: Since you have posted a question with multi sub-parts, we will solve first three sub-parts for you.…
Q: A trader ordered x number of pen drives for GH¢48,000.00. She found that 40 of them were defective…
A: Hi, there, Thanks for posting the question. As per our Q&A honour code, we must answer the first…
Q: Night Shades Inc. (NSI) manufactures biotech sunglasses. These sunglasses sell for $150 each, and…
A: a) Computation:
Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A:
Q: Q1. Murray furniture store sells couches as a retailer. The wholesale cost to them of their most…
A: Gross Profit is the difference between the Selling price of the good or service and all the expenses…
Q: Compute the Gross Profit Answer the given problem. 1. Annie bought one dozen smartphones for…
A: Solution: Total Revenue - Net Purchases = Profit Net Purchases = Total purchases amount x…
Q: alculate the total Marginal Income and Net Profit/Loss if all the tables are sold.…
A: "Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: Annie bought one dozen smartphones for 200,000.00 with a discount of 5%.she sold half dozen at a…
A: The Purchase price of one dozen smartphones =200,000-5%(200,000)=190,000. The total sales price of…
Q: or loss? Compute the following requirements: a. Gross profit rate b. Operating profit margin rate…
A: Return on investment is computed to assess the efficiency and profitability of an organization. It…
Q: Radar Company sells bikes for $510 each. The company currently sells 4,200 bikes per year and could…
A: Incremental analysis: It can be defined as a technique of decision making that is used by the…
Q: sold. (a) What was the weighted mean price of an Antonelli suit? (b) Springers paid $200 a suit for…
A: Profit is the amount left after paying expenses from the revenue earned.
Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A: Since you have posted a question with multi sub-parts, we will solve first three sub-parts for you.…
Q: If Farmer Jane sells her tomatoes for $3 per pound and has variable cost of $1.50 per pound, how…
A: Here in this question we are required to calculate how many pound tomatoes need to sell to show a…
Q: Multiverse currently sells both products at the split-off point. If Multiverse makes decisions which…
A: Calculation of Profit is products are sold at split off Point Particulars Product A Product B…
Q: Draw a cash flow diagram depicting the net cash flows associated with the purchase, operation, and…
A: Year Cash Flow Working 0 -70,000 (-)62000(-)8000 1 9200 10,000-800 2 10800 12,000-1200 3…
Q: Night Shades Inc. (NSI) manufactures biotech sunglasses. These sunglasses sell for $150 each, and…
A: A situation at which a company neither earns profit nor bears any loss or a situation at which the…
Q: Homeward Hardware buys cat litter for $6 less 20% per bag. The store's overhead is 45% of cost and…
A: Price = $6 Discount on price = 20% Overhead cost = 45% Required profit = 20%
Q: Compute the following requirements:
A:
Q: lph Nurseries purchased seeds costing $25,00 with terms of 3/15 net 30 EOM on January 12. Show…
A: solution Concept Meaning of 3/15 net 30 EOM 3% discount is given if the amount is paid…
Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…
A: The profit or loss on selling the goods depends on the purchase cost and selling price. If the total…
Q: Glam company offers customers a pottery cereal bowl if they send in three boxtops from its products…
A: Any amount of money spent to generate the revenues in a business is known as expenses.
Q: a. Gross profit rate b. Operating profit margin rate c. Net profit margin rate
A: Ratio analysis means where different ratio of various years of years companies has been compared…
Q: 1. Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at…
A: “Since you have asked multiple sub-parts, we will solve the first three sub-parts for you. If you…
Q: Study the information given below and answer each of the following questions independently:…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: A retailer purchase 10 printer at the price of Rm300 each. The estimated Operating are 20% based on…
A: Markdown: It the price below the normal selling price at which the products shall be sold.
Q: : A newsvendor purchases units for $10 and sells each one for $18. Inventoryis salvaged for $6. He…
A: Purchase Price= $10 Selling Price= $18 Inventory is salvaged for $6. Number of units ordered= 45,000…
Q: 1. Aling Ana would like to sell little trinkets she purchased from Divisoria fo PhP12 each. If the…
A: The answer is stated below: Note: Answering the first question as there are multiple…
Q: A shoemaker desires to achieve a profit of P50,000 by selling 500 pairs of shoes. The fixed cost in…
A: Contribution Margin Ratio: A company's contribution margin ratio, also known as the CM ratio, is…
Q: Charlotte sells widget that cost $50 each to purchase and prepare for sale. Annual demand is 10,000…
A: Please see the next step for the solution
Ace Landscape buys 100 shovels for $15 each. Ace sells all 100 shovels at $30. What is the profit made by Ace? (profit = sales - cost)
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 80%. The National Parks Memory Card Game costs $5.00 each, and another one, the Guess This Animal Track Game, costs $5.00 each. Required: 1. What price will Lake McDonald Gift Shop charge for each National Parks Memory Card Game? If required, round your answer to two decimal places.$fill in the blank 1 2. What price will Lake McDonald Gift Shop charge for each Guess This Animal Track Game? If required, round your answer to two decimal places.$fill in the blank 2Suppose that Lou sells 9,000 wheels each month to outside customers. If the transfer pricing formula is used to find the transfer price, what is the appropriate price per wheel? A. P29.50 B. P31.75 C. P39.25 D. P42.00Calculating Price Using a Markup Percentage of Cost Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 70%. The National Parks Memory Card Game costs $15.00 each, and another one, the Guess This Animal Track Game, costs $0.50 each. Required: 1. What price will Lake McDonald Gift Shop charge for each National Parks Memory Card Game? If required, round your answer to two decimal places.$ 2. What price will Lake McDonald Gift Shop charge for each Guess This Animal Track Game? If required, round your answer to two decimal places.$
- Calculating Price Using a Markup Percentage of Cost Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 70%. The National Parks Memory Card Game costs $15.00 each, and another one, the Guess This Animal Track Game, costs $2.00 each. Required: 1. What price will Lake McDonald Gift Shop charge for each National Parks Memory Card Game? If required, round your answer to two decimal places.$fill in the blank 1 2. What price will Lake McDonald Gift Shop charge for each Guess This Animal Track Game? If required, round your answer to two decimal places.Ivy purchases phones for $260.50 each and is selling them for $330.00 each. a. What is the rate of markup on cost? % Round to two decimal places b. What is the rate of markup on selling price?Question; Use a calculator to determine the exact sale price of the speakers in #1 The speakers cost $59.89 and there on sale for 15% off Can someone please tell me what to do in the question? Or even just give me an example with different numbers
- a. For how much does Nicolas Appliance Center sell an electric fan? 2. Nicolas Appliance Center has purchased electric fans for Php 800 eac The electric fans are marked up 48% of the selling price. b. What is the rate of markup based on cost?Joel, a florist, buys and sells flowers at his store. He purchases roses at $3.00 each, has operating expenses of 22% on cost, and has profits of 100% on cost. Calculate the following. a. Desired profit per rose: Round to the nearest cent b. Amount of markup: Round to the nearest cent G Selling price: Roundte the neareat.cent d. Rate of markup on selling price: Reundte n amal plarRandy buys a lawn tractor costing $935.90. The store charges $35 for assembly and $30 for delivery. State taxesare 4% and local sales taxes are 2%. What is the total purchase price? (Round your answer to the nearest centif necessary) Group of answer choices $1,060.95 $1,057.05 $1,040.94 $1,000.90
- Hi 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?Luther buys a playground slide priced at $755. Shipping and handling are an additional 5% of the price. How much shipping and handling will Luther pay? Submit DELLZack wants to sell five items that cost him $1.30, $2.40, $6.60, $13, and $15.70. He wants to make a profit of 60% of the cost. Create a function s(c) that you can use to determine the selling price of each item, and then use the function to calculate each selling price. (Round your answers to the nearest cent.) s(1.30) = $ s(2.40) = $ s(6.60) = $ s(13) = $ s(15.70) = $