John's company uses a 35% profit margin to determine the list price of its products. If John's company buys a recliner at a wholesale price of $310, what would be the list price for the recliner?

Smitty's pays $423.73 to a wholesaler for each DVD player they buy. Their operating expense is 33% of the selling price and their desired operating profit is 38% of the selling price, for each DVD player. What selling price should Smitty's advertise for a DVD player? Answer: Check What is the selling price of an item that costs the retailer $2303.95 where the gross profit margin is 22%? Answer: 2949.06 X

Jennings Hardware Store marks up its merchandise by 30%. If a part costs $25.00, which of the following is true? a. The price is $7.50. b. The markup is $32.50. c. The price is $32.50. d. The markup is pure profit. e. All of these choices are correct.

PLEASE ANSWER ASAP! THANK YOU!   1. After determining the total product cost of P100.00 per unit, Mr. Abecee the owner, decided to set mark-up of 15% on cost of his product. Determine the final retail price per unit of product. Show your solution. 2. What is the pricing strategy used by Mr. Abecee? Briefly explain this pricing strategy. 3. How many units must be sold for Mr. Abecee to Break-even if Fixed Cost isPhp 100,000, Unit Selling Price is Php10.00 and Unit Variable cost is Php.5.00.  4. Differentiate geographical pricing from psychological pricing.  5. If you are to put -up a small start-up business with a starting capital of P50,000 ...a) What business will it be? andb) What will be your best pricing strategy? Justify.