Question
Holtzman's Deli sells potato salad for $5.69 per pound. If the salad costs the store $3.15 per pound, find themarkup as a percent of the
Holtzman's Deli sells potato salad for $5.69 per pound. If the salad costs the store $3.15 per pound, find themarkup as a percent of the selling price. Round to the nearest tenth of a percent.
Choose the answer below:
a. 50.00%
b. 44.6%
c. 60.00%
d. 55.60%
A camp stove originally priced at $49.95 is marked down to $35.25. Find the percent of markdown on the original price. Round to the nearest tenth of a percent.
Choose the answer below:
a. 29.4%
b. 44.00%
c. 35.00%
d. 31.00%
All Season Sports made the following purchases of roller- blades during the year: 18 pairs at $79.80 per pair, 25 pairsat $72.15 per pair, 12 pairs at $82.00 per pair, and 15 pairsat $75 per pair. An inventory shows that 22 pairs of roller blades remain. Find the inventory value using the weighted average method. Round to the nearest dollar.
a. $1681
b. $1500
c. $1300
d. $1000
Find the value of the inventory listed in Exercise 9 using 18. (a)(a) the FIFO method and (b) the LIFO method.
a. $1699, 1725
b. $1725,1500
c. 1699, 2000
d. 1700, 2000
e. 1500, 1600
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