Tatiana runs a Russian fashion accessory business and would like to know the selling price of her

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Tatiana runs a Russian fashion accessory business and would like to know the selling price of her outfits. Based on the following cost of sales and cost-plus assumptions, calculate the selling price of:

a) a belt with a cost of sales of 800 rubles and rhark-up of 25%

b) a handbag with a cost of sales of 1,500 rubles and mark-up of 40%

c) ascarf with a cost of sales of 1,200 rubles and mark-up of 30%. Her supplier, Timur, needs to make certain sales margins on the following items.

Calculate his selling price to Tatiana for:

d) ahat with a cost of sales of 630 rubles and a sales-margin of3 0%

e) gloves with a cost of sales of 330 rubles and a sales-margin of 40%

f) awrap with a cost of sales of 525 rubles and a sales-margin of 25%.

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Related Book For  book-img-for-question

Accounting A Smart Approach

ISBN: 9780199587414

1st Edition

Authors: Mary Carey, Jane Towers Clark, Cathy Knowles

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