Bikers Outlet purchases mountain bikes at a cost of P28,000 each. If the company's operating expenses are 10% of cost and a mark up rate of 20% is desired, find (a)the selling price of one mountain bike, (b) the operating expenses, (c) total cost.
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Bikers Outlet purchases mountain bikes at a cost of P28,000 each. If the company's operating expenses are 10% of cost and a mark up rate of 20% is desired, find (a)the selling price of one mountain bike, (b) the operating expenses, (c) total cost.
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- A retailer purchase 10 printer at the price of Rm300 each. The estimated Operating are 20% based on cost and the net profit is 15% based on cost. Find if the retailer manages to sell 6 printer atbthe original selling price and the remaining printer at 25% markdown, find the new selling price of the four printers. determine the net profit.Able Transport operates a tour bus that they lease with terms that involve a fixed fee each month plus a charge for each mile driven. Able Transport drove the tour bus 4,000 miles and paid a total of $1,250 in March. In April, they paid $970 for 3.000 miles. What is the variable cost per mile if Able Transport uses the high-low method to analyze costs?Able Transport operates a tour bus that they lease with terms that involve a fixed fee each month plus a charge for each mile driven. Able Transport drove the bus 7,000 miles and paid a total of $1,360 in June. In October. Able Transport paid $1,280 for the 5,000 miles driven. If Able Transport uses the high-low method to analyze costs, how much would Able Transport pay in December, if they drove 6,000 miles?
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- A discount store purchased mobile phones at a cost of P28,800 per dozen. If they need 20% of cost to cover operating expenses and 15% of cost for the net profit, what is (a) the selling price per phone and (b) the percent of markup on selling price?Rugged Outfitters purchases one model of mountain bike at a wholesale cost of $520 per unit and resells it to end consumers. The annual demand for the company’s product is 49,000 units. Ordering costs are $500 per order and carrying costs are $100 per bike per year, including $40 in the opportunity cost of holding inventory. Q. Compute the optimal order quantity using the EOQ model.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?
- 13. MOUNTAIN BIKE REI advertises mountain bikes for $199.90. If the store's cost is $2100 per dozen, what are (a) the markup per bicycle, (b) the percent of markup on selling price, and (c) the percent of markup on cost?Skippy's Scooters plans to sell a standard scooter for $250 and a chrome scooter for $300. Skippy's purchases the standard scooter for $125 and the chrome scooter for $150. Smartie expects to sell one standard scooter for every three chrome scooters. Skippy's monthly fixed costs are $158,125. Requirements 1. How many of each type of scooter must Skippy's Scooters sell each month to break even? 2. How many of each type of scooter must Skippy's Scooters sell each month to earn $218,500? Requirement 1. How many of each type of scooter must Skippy's Scooters sell each month to break even? Start by selecting the formula and entering the amounts to compute the breakeven point in units for the "package" of products-total scooters to be sold. (Enter a "0" for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used: Weighted-avg. CM = weighted-average contribution margin.) Required sales in units + + )/A retailer buys a product from a supplier for $40. The retailer needs a 30% markup on cost to cover operating expenses. If the product is sold for $48, what is the outcome?