The rate of markup on cost on a product selling at $66.45 is 41%. a. What is the cost of the product to the retailer? Round to the nearest cent b. What is the rate of markup on selling price? % Round to two decimal places

Question: The cost of goods sold as a percentage of net sales revenue is (round your answer to two decimal places). Sales Revenue $420,000 Sales Returns and Allowances 1,400 Sales Discounts Net Sales Revenue Cost of Good Sold a) 62.45% b) 62.58% c) 61.90% d) 62.24% 850 417,750 260,000

Calculate the missing values and express your answers rounded to two decimal places.     Cost Amount of MK Selling Price Rate of MK on Cost Rate of MK on Selling Price A     $300.00 25.00%   B $54.00       26.00%

General Accounting

An item has a 29% markup based on selling price. The markup is $400. a. Find the selling price. b. Find the cost. Round to the nearest cent. a. The selling price is $ (Round to the nearest cent as needed.) b. The cost is S

What is the wholesale price of an item, if the retail price is $104.37 and the amount of markup is $33.37? The wholesale price is $

Calculate the missing values and express your answers rounded to two decimal places. a. b. Cost $0.00 $56.00 Amount of Markup Selling Price $350.00 Rate of Markup on Cost 25.00% % Rate of Markup on Selling Price 28.00% %

Ans.

Calculate the net price factor and net price (in dollars). For convenience, round the net price factor to five decimal places and the net price to the nearest cent, when necessary. List Price Trade Discount Rate Net Price Factor $435.60 22/15/5 $ Net Price

Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.