Name: DEN Class: Date: Personal Finance Chapter 15 Multiple Choice 1. Yolanda's Mini-Market ve thar best completes the statement or answers the question. anda's Mini-Market sells decorated cupcakes for $29.99 a dozen. It costs Yolanda $1.25 to produce each cupcake. What is the markup on a dozen cupcakes? a $10.29 b. c. $13.25 $12.50 d. $14.99 ABE Software supplies customized software to a managed healthcare system. ABE Software's cost for the software is $1.723,000.00. ABE Software sells the software to the healthcare system for $3,816,981.10. Overhead expenses are estimated at 47% of the selling price. What is ABE Software's net profit to the nearest dollar? a $150,000 c. $600,000 b. $300,000 d. $1,284,981 3. A gift-boxed silver pen set can be purchased at Ramirez Jewelers for $59.99. The set costs Ramirez Jewelers $27.56, and the overhead rate is 17% of the selling price. What is Ramirez's net profit? a $22.23 c. $32.43 b. $27.75 d. $49.79 4. Kahil's Bookshop marks up all books by 40% of their cost. The overhead rate is 16% of the selling price, is the net-profit rate on a book that costs Kahil's $18.10? C. 12.6% 44.0% in It then sells the mustard to its cust w a. 9.5%