Stock Number 23-879 20-253 44-981 165-874 60-358 68-847 52-986 35-456 Cost $4.94 $7.98 $21.78 $20.79 Markup Rate (Cost) 3% 8% 10% 16% 20% 23% Markup Amount (Cost) $7.57 $2.60 Sellin Price (C Directions: a. Enter formulas in Rows 6 and 7 to calculate Markup Rate and Amount. b. Enter formulas in Rows 8 and 9 to calculate Markup Amount and Selling Price.
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- 1. Complete the following grid. Submit your answers in a grid/table. Cost $88.00 $2,386.27 $4.78 Markup $1.29 $3.29 $4.62 Retail $108.00 $3.87 $3,800.00 $4.00 $0.39 $5.00 Percentage of Retail Markup 48.2% 64.5% 78.2% Percentage of Cost Markup 48.2% 158% 100% Round percentages to one decimal place, and dollars to two decimal places. 2. What is the cumulative markup percent on three groups of towels when 100 towels are bought at $10.00, 200 towels are bought at $11.50, and 300 towels are bought at $12.00? Each towel retails at $20.00. 3. What is the markdown price of a $20 item that has been marked down 35 percent? What is the price when a 20 percent markdown is taken on the mark-down price? What is the price when a 20 percent markdown is taken on the second markdown price? What is the price when the item is marked 50 percent off the original price? Or 75 percent off?The list price for a vacuum cleaner is $299.99. Determine the net cost after a 15/10/10 series discount a. $299.64 b.$206.54 c.$100.20 d.$417.44it View History M faith@.. tems 37.66% ··· Bookmarks Window AOL Ma.... B E C eBook U Sales Mail - F... Cost of goods sold Help Operating income Expenses: Selling expenses Administrative expenses The following multiple-step, income statement was prepared for Carlsbad Company contains errors: CARLSBAD COMPANY Income Statement For the Year Ended February 28, 2018 Delivery expense Total expenses Other expense: Interest revenue Gross profit R V Portal h... Check My Work 10 more Check My Work uses remaining. % G Chapter... B v2.cengagenow.com Prepare a corrected income statement for Carlsbad Company for the year ended February 28, 2018. Carlsbad Company Income Statement 6 $ 1,800,000 1,350,000 112,500 H C Cengag.. 9,495,000 (5,962,500) $3,532,500 (3,262,500) 270,000 90,000 $180,000 All work saved. N MacBook Pro ** W Activity... 8 M FA 9 K Save and Exit Submit Assignment for Grading 1
- * CengageNOWv2 | Online teachin x S Module Three Assignment - ACC cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre. * O eBook Show Me How Determining Cost of Goods Sold For a recent year, Best Buy (BBY) reported sales of $39,528 million. Its gross profit was $9,191 million. What was the amount of Best Buy's cost of goods sold? (Enter answer in millions.) million Previous Next Check My Work 6:38 45°F 11/13Homework i A company reports the following sales-related information. Sales, gross Sales discounts $295,000 Sales returns and allowances 5,900 Sales salaries expense Prepare the net sales portion only of this company's multiple-step income statement. Net sales Multiple-Step Income Statement (Partial) Saved < Prev. $ 22,000 11,900 10 of 10 HH hp nodule Three Assignment - ACC x * CengageNOWv2 | Online teachir x com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogre... O eBook Show Me How Gross Profit During the current year, merchandise is sold for $118,700 cash and $454,300 on account. The cost of the goods sold is $383,900. What is the amount of the gross profit? Previous Next Check My Work 6:37 AM 45°F A D E a O 11/13/2021
- BCengageNOW2 1Online teach x+ Ohttps://v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress false Chapter 11 Homework eBook Show Me How Print Item Computing Gross Profit The following data were taken from the accounts of Burnside Bedknobs, a retail business. Sales $119,600 Sales returns and allowances 1,160 Sales discounts 360 Merchandise Iinventory, January 1 28,100 Purchases during the period 93,900 Purchases returns and allowances during the period 1,900 Purchases discounts taken during the period 2,820 Freight-in on merchandise purchased during the period 1,480 Merchandise inventory, December 31 50,000 Determine the gross profit. Previous Next Check My Work 1 more Check My Work uses remaining. Save and Exit Submit Assignment for Grading Assignment Score: 2% All work saved. 225 PM 4/10/2021 Type here to searchnd Patisser X + -php?attempt%3D2880962&cmid=D866264 Enduring Word Bibl.. My Questions | bart. ancial Aid Student Accounts Resources Campus Store Beginning Inventory $11,500 Dairy Alternative Purchases (+) $1,000 Produce Purchases (+) $500 Protein Purchases (+) $1,000 Dry Goods Purchases (+) $1,000 Ending Inventory (-) $10,900 Food Cost (=) $4,100 Revenue (+) $12,500 Food Cost % (=) 32.8% Is the 32.8% Food Cost % acceptable? Select one: a. Yes. As long as you don't let it happen again. b. Yes. IF the cost is balanced with the Labor and Other costs to still maintain a profit. C. No. Food cost can never go over 30%. d. No. Labor or Other costs can exceed 30%, but not Food costs. Beginning Inventory $11,500 Dairy Alternative Purchases (+) $1,000 Produce Purchases (+) $50OPepper Depanment store aliocates ns service department espenses to s various operating sales) departments The folowing dats is avaitable for ts service departments Expense Dasts for allecation ADunt Rent Square feet of flnor space $47,000 47,000 62, 00 Advertising Amount of dollar sales Adainistrative Number of enployees The following information s aveitable for mu three opeating tuale departments Number of Department Square Feet 5,400 8, 100 13,500 Dollar Seles $ 302,000 $ 453, 00 S 755, 000 enployees 15 Totals 27,000 $3,510,000 What as the total expense allocated to Deparnment B Mutiple Choice $32.000 $42065 O s400 $42500 $40.000
- PROGRAMS SELF DEVELOPMENT E-LIBRARY ZAIN HANDBOOKS Using the below table of two Soda Companies, please answer the following question: Company A 5,000,000.00 Company B 10,000,000.00 # of annual sales Price per product 1.2 1.1 Cost of production per product 0.88 0.75 Advertising cost 100,000.00 150,000.00 300,000.00 200.000.00 250,000.00 500,000.00 Electricity cost 500,000.00 800,000.00 500,000.00 600,000.00 Depreciation cost Staff cost Admin cost TIME LEFT O:43:15 What is the Gross Profit of each company 8:02 AM 2/11/2021Retail Pricing Practice Chart Fill in all blanks using the formulas given to you in class UNIT COST UNIT RETAIL MU% TOTAL UNITS TOTAL COST TOTAL RETAIL $ 36.00 58% 100 90.00 60% 280 $ 52.00 115.00 325 24 42.00 24 135.00 425 2$ 23.00 57% 87 29.00 62% 600 $ 60.00 24 138.00 335 89.99 52% 228 78.50 62% 125 TOTALS CUM MU% %24 %24 %24 %24 %24 %244. Complete the following grid. Submit your answers in a grid/table. Original Retail $20.00 $22.50 $3,999.00 $0.49 Markdown Percent 25% 35% 20% 50% Marked Down Retail $17.55 $16.88 $0.44 $9.99 Units Marked Down 645 249 98 5 1,649 20 Total Markdown Dollars Round percentages to one decimal place; round dollars to two decimal places. Markdown percent is a percentage of retail.