Wheelies (located in Bellville) bought aluminium wheelbases from Cridel Ltd (located in Johannesburg). Wheelies bought 300
Question:
Wheelies (located in Bellville) bought aluminium wheelbases from Cridel Ltd (located in Johannesburg).
• Wheelies bought 300 aluminium wheelbases.
• The price of each wheelbase is R200.
• The wheelbases were delivered to Bellville by train at a total cost of R870.
• Wheelies paid R10 per wheelbase for packing material, which they decided would enhance the ability to sell the wheelbases.
You are required to:
1. Calculate the cost price per wheelbase.
2. Calculate the selling price per wheelbase, if the mark-up percentage is 60%.
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Related Book For
Fundamental Accounting
ISBN: 9781485112112
7th Edition
Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit
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