Question
4. a. Given the following information, calculate the total dollars in the Classification. * Department: Audio, Video BOM, Fall Season - $748000.00 * Classification: Cameras:
4.
a.
Given the following information, calculate the total dollars in the Classification. * Department: Audio, Video BOM, Fall Season - $748000.00 * Classification: Cameras: 30% of the Audio and Video Department * Subclassifications: Disposable Cameras - 13% of the Camera Classification
| a. | $224550.00 | |
| b. | $224400.00 | |
| c. | $224625.00 | |
| d. | $224650.00 | |
| e. | $224500.00 | |
| f. | None of the above |
b.
Given the following price line information: * Low, $6.99 - 34% * Middle, $8.99 - 47% * High, $14.99 - 19.% What percent of the stock is in the middle price line?
| a. | 53.% | |
| b. | 13.% | |
| c. | 19.% | |
| d. | 34.% | |
| e. | 47.% | |
| f. | None of the above. |
c.
An item requires 7 buttons that cost $0.06 each and 1 applique that costs $0.27 each. Calculate the cost of the trims for this item.
| a. | $0.59 | |
| b. | $0.49 | |
| c. | $0.69 | |
| d. | $0.84 | |
| e. | $0.94 | |
| f. | None of the above. |
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Auditing & Assurance Services
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
8th Edition
978-1260703733, 1260703738
