Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Mar 01, 2023

A company purch ased ten thousand pairs of men's slacks for $19.56per pair and mark them up $21.93what w as the selling price of each

A company purch ased ten thousand pairs of men's slacks for $19.56per pair and mark them up $21.93what w as the selling price of each pair of slacks.

Step by Step Solution

★★★★★

3.45 Rating (145 Votes )

There are 3 Steps involved in it

Step: 1

cost 1956 Markup 2193 S... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Management Science

Authors: Bernard W. Taylor

11th Edition

132751917, 978-0132751919

More Books

Students also viewed these Accounting questions

Question

★★★★★

A. Determine the selling price of each computer over the past year. B. Innovative Computers Pty Ltd wants to increase sales by 25% in the next year. Management is not sure whether to increase the...

Answered: 1 week ago

Question

★★★★★

Solve the Following: The selling price per each telephone is 1,800 Purchase cost per each telephone 1,500 Variable commission paid for each telephone 75 Monthly fixed expenses: Rent 70,000 Others...

Answered: 1 week ago

Question

★★★★★

Ten thousand raffle tickets are sold at $2 each for a local library benefit. Prizes are awarded as follows: 2 prizes of $1,000, 4 prizes of $500, and 10 prizes of $100. What is the expected value of...

Answered: 1 week ago

Question

★★★★★

Lacoste t-shirts come with an average price of $ 120 a piece, at their factory outlet with a std. deviation of $ 17. But at the Seasonal Sale (Discount) outlets of these t- shirts, it was also...

Answered: 1 week ago

Question

★★★★★

What are the two possible modes that locks use when they fail? What implications do these modes have for human safety? In which situation is each mode preferred?

Answered: 1 week ago

Question

★★★★★

Explain the role of an information system. How would the possible role differ for Mary Kay and LOreal?

Answered: 1 week ago

Question

★★★★★

=+36. Mutual fund investing. An investor is considering how to invest her money. She has a choice between two mutual funds: a fund that invests in biotechnological firms and a fund that invests in...

Answered: 1 week ago

Question

★★★★★

Create a time-phased resource-loading table for this project, identifying the activity early start and late finish points. Consider a project with the following information: Activitv Duration...

Answered: 1 week ago

Question

★★★★★

Explain how the decision of the Federal Reserve Bank (Fed) to raise interest rates would be expected to affect each component of the weighted average cost of capital (WACC). What mistakes are...

Answered: 1 week ago

Question

★★★★★

The following information relates to La Greca Co. for the year 2022. Instructions After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December...

Answered: 1 week ago

Question

★★★★★

A private equity fund has a hard hurdle rate of 1 5 % . The fund has a net asset value of $ 1 5 0 million and has generated a net return of $ 2 0 million. The private equity firm charges a 2 0 %...

Answered: 1 week ago

Question

★★★★★

Explain what early thoughts and beliefs existed about what caused mental illness. Describe one of the psychological traditions and how it furthered the beliefs about what causes mental illness from...

Answered: 1 week ago

Question

★★★★★

13. The following data pertain to Wistron Company's two products: Product X Product Y Sales in dollars $100,000 $80,000 Contribution margin ratio 48% 30% If fixed expenses for the company as a whole...

Answered: 1 week ago

Question

★★★★★

Rose Corporation manufactures state-of-the-art DVD players. It is a division of Sany TV, which manufactures televisions. Rose sells the DVD players to Sany, as well as to retail stores. The following...

Answered: 1 week ago

Question

★★★★★

Lucky Lady Inc.: Preparing comprehensive statement of cash flows (LO 20-1, LO 20-2, LO 20-3, LO 20-4) The income statement for the year ended December 31, 20X1, as well as the balance sheets as of...

Answered: 1 week ago

Question

★★★★★

TASK C: TECHNIQUES TO MANAGE TEAM HEALTH AND WELLBEING CASE SCENARIO: MATRIX HOMES A building and construction company called Matrix Homes is a medium sized business with 92 workers. The workforce...

Answered: 1 week ago

Question

★★★★★

Hive Company borrows $90,000 on July 1 from the bank by signing a $90,000, 7%, 1-year note payable. (a) Prepare the journal entry to record the proceeds of the note. (Credit account titles are...

Answered: 1 week ago

Question

★★★★★

Rosalie owns 50% of the outstanding stock of Salmon Corporation. In a qualifying stock redemption, Salmon distributes $80,000 to Rosalie in exchange for one-half of her shares, which have a basis of...

Answered: 1 week ago

Question

★★★★★

A faculty committee in the department of management science at Tech is evaluating three new textbooks for its introductory management science course, which all business students are required to take....

Answered: 1 week ago

Question

★★★★★

The owner of the Columbia Construction Company must decide between building a housing development, constructing a shopping center, and leasing all the companys equipment to another company. The...

Answered: 1 week ago

Question

★★★★★

Managers at the Transcontinent Shipping and Supply Company want to know the maximum tonnage of goods they can transport from city A to city F. The firm can contract for railroad cars on different...

Answered: 1 week ago

Question

★★★★★

Harris Interactive Inc., the 15th largest market research firm in the world, is a Rochester, New Yorkbased company. One of its surveys indicated that 26% of women have had experience with a Global...

Answered: 1 week ago

Question

★★★★★

A test of hypothesis has the following hypotheses: H0: p 0.45 HA: p 0.45 For a sample size of 30, and a sample proportion of 0.55, a. For an a 0.025, determine the critical value. b. Calculate the...

Answered: 1 week ago

Question

★★★★★

Assume that the sports page of your local newspaper reported that 65% of males over the age of 17 in the United States would skip an important event such as a birthday party or an anniversary dinner...

Answered: 1 week ago

Previous Question Next Question