Standard Appliances obtains refrigerators for $1,620 less 28% and 7%. Standard's overhead is 17% of the selling price of $1,660. A scratched demonstrator unit from their floor display was cleared out for $1,345. a. What is the regular rate of markup on cost for a demonstrator unit? % Round to two decimal places b. What is the rate of markdown on the demonstrator unit? % Round to two decimal places c. What is the operating profit or loss on the demostrator unit?   Round to the nearest cent d. What is the rate of markup on cost that was actually realized for the scratched demonstrator unit?

Standard Appliances obtains refrigerators for $1520 less 29% and 5%. Standard's overhead is 16% of the selling price of $1595. A scratched demonstrator unit from their floor display was cleared out for $1240. a) What is the regular rate of markup on cost ? b)What is the rate of markdown on the demonstrator unit? c)What is the operating profit or loss on the demonstrator unit? d)What is the rate of markup on cost that was actually realized?

An appliance store sold GS coffeemakers for $22.95 during a promotional sale. The store bought the coffeemakers for $36 less 40%, 15%. Overhead is 25% of the regular selling price (a) (b) If the store's miarkup is 40% of the regular selling price, what was the rate of markdown? What operating profit or loss was made during the sale? What rate of markup based on cost was realized? (c) (a) The rate of markdown is%. (Round to two decimal places as needed.) (b) The operating made during the sale was S (Round to the nearest cent as needed.) (c) The rate of markup based on cost is %. (Round to two decimal places as needed.)

Handy Home sells windows and doors in the ratio of 8:2 (windows:doors). The selling price of each window is $114 and of each door is $264. The variable cost of a window is $69.50 and of a door is $182.00. Fixed costs are $416,000. (Enter your "per unit" values in two decimal places.)

Fast as Lightning is an oil change service drive-through that charges each customer $24.00 for an oil and filter change service. Fast as Lightning has found that it costs its business $15.00 per oil and filter change. Monthly fixed costs are $44,000; current sales are 8,000 services.  a.    Compute the breakeven sales in units.b.    Compute the margin of safety in units and sales dollars.c.    Compute the margin of safety as a percentage.d.    Compute the operating leverage factor.e.    Compute the percentage of operating income decline if sales fall by 18%.

Crescent Lighting Inc. produces and sells lighting fixtures. An entry light has a total cost of $66 per unit, of which $33 is product cost and $33 is selling and administrative expenses. In addition, the total cost of $66 is made up of $45 variable cost and $21 fixed cost. The desired profit is $12 per unit. Determine the markup percentage on product cost. Round the answer to nearest whole number.

The Vacuum Shoppe purchases a Dyson V7 Motorhead Origin vacuum for $200 less 5% and 17.0%. Their regular selling price is $384.00. Overhead is 14% of the regular selling price. A scratched demonstrator unit from their floor display was cleared out for $250 What was the rate of markdown on the demonstrator unit? Your Answer:

Homoward Hardware buys cat liter for $6 less 20% per bag. The store's overhead is 45% of cost and the owner requires a profit of 20% of cost (a) (b) (c) (d) (e) (7) For how much should the bags be sold? What is the amount of markup included in the selling price? What is the rate of markup based on selling price? What is the rate of markup based on cost? What is the break-even price? What operating profit or loss is made if a bag is sold for $7 509

A recliner chair that sells for $1,469 is marked up 45% of the selling price. a. What is the markup? b. What is the cost? a. The markup is $ (Round to the nearest cent as needed.) b. The cost is $ (Round to the nearest cent as needed.)

Bright Force Inc. produces and sells lighting fixtures. An entry light has a total cost of $90 per unit, of which $50 is product cost and $40 is selling and administrative expenses. In addition, the total cost of $90 is made up of $55 variable cost and $35 fixed cost. The desired profit is $20 per unit. Determine the markup percentage on product cost. Round the answer to nearest whole number.