Question
1- The usual retail price of an item is $135. The manufacturer's cost to produce the item is $39. Retailers take a 43 percent markup
1- The usual retail price of an item is $135. The manufacturer's cost to produce the item is $39. Retailers take a 43 percent markup and wholesalers take a 10 percent markup. What is the wholesale price? Enter only the value without the $ sign.
2- A gift shop owner purchases items to sell in her store. She purchases a chair for $ 146 and sells it for $ 256. Determine the mark-up PERCENTAGE on selling price. Enter only the value in the box below.
3- Advanced Electronics manufactures DVDs and sells them directly to retailers who typically sell them for $16. Retailers take a 45% margin based on the retail selling price. Advanceds cost information is as follows:
| DVD package and disc | $2.50 /DVD |
| Royalties | $2.25/ DVD |
| Advertising and promotion | $500,000 per period |
| Overhead | $200,000 per period |
What is the break-even volume in DVD units for any period? Enter only the value in the box below.
4- The usual retail price of an item is $122. The manufacturer's cost to produce the item is $36. Retailers take a 50 percent markup and wholesalers take a 10 percent markup. What is the retailer's markup in dollars? Enter only the value without the $ sign.
5- A gift shop owner purchases items to sell from her store. She purchases a chair for $ 123 and sells it for $ 249. Determine the mark-up PERCENTAGE on cost. Enter only the value in the box below.
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