A computer assembly firm purchases computer parts at $240 per computer. The operating expenses are 20% on cost and rate of markup is 57% on cost. a. What is the selling price of each computer?
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- Fruit Computer Corporation makes custom fruit shaped computers. It is currently producing 60 computers per month. Data are as follows: Sales price per unit $800 Variable cost per unit 600 Fixed costs per month 5600 If Fruit Computer Corporation expects to sell 50 units per month, how much is its margin of safety expressed in sales revenue? O $22,400 O $13,200 O $17,600 O $40,000A computer assembly firm purchases computers at $215 per computer. The operating expenses are 21% on cost and rate of markup is 55% on cost. What is the selling price of each computer? What is the operating profit per computer? Calculate the break-even selling price. A clothing merchant purchases a shipment of clothes for $38,000.00 with discounts of 11% and 5%. He sells it to a customer at a price which includes 22% profit on selling price and overhead expenses of 23% on selling price. How much did it cost him to purchase the container of clothes? What was the selling price of the container of clothes? Calculate the break-even selling price.1. A computer table sells for $198.50 and costs $158.70. Find the markup. Find the rate of markup based on the cost. a) b) 2. A flower arrangement is marked up $15, which is 30% of the cost. i) Find the cost. ii) Find the selling price.
- 1.what is the cost pf lobor required to operate the production line per month 2.If you require astorage area of 600 sq.ft and with an average rent $12 per sq.ft/month what is the estimated cost of rent per month for the production line including the storage area.(Rounded to the nearest $1000). 3.how many operators do you need for the production line. 4. what is the cost of buying and installing the production line.Research on a new laptop case indicates that the product can be sold for $40 per unit. Cost analysis provides the following information. Fixed cost per period = $5500 Variable cost per unit = $25 Production capacity per period = 956 units What is the revenue function?On-the-Go, Inc., produces two models of traveling cases for laptop computers—the Programmer and the Executive. The bags have the following characteristics. Programmer Executive Selling price per bag $ 70 $ 100 Variable cost per bag $ 30 $ 40 Expected sales (bags) per year 8,000 12,000 The total fixed costs per year for the company are $819,000. Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the product mix is the same at the break-even point, compute the break-even point. c. If the product sales mix were to change to nine Programmer-style bags for each Executive-style bag, what would be the new break-even volume for On-the-Go?
- Rolf's Golf store sells golf balls for $27 per dozen. The store's overhead expenses are 26% of cost and the owners require a profit of 20% of cost. a. How much does Rolf's Golf store buy the golf balls for? _____________$ per dozen Round to the nearest cent b. What is the price needed to cover all the costs and expenses? _____________$ Round to the nearest cent c. What is the highest rate of markdown at which the store will still break even? _____________% Round to two decimal places d. What markdown rate would price the golf balls at cost? _____________% Round to two decimal placesA distributor sells water cooling units for $860 each. The operating profit is 25% on cost and markup is 60% on cost. a. Calculate the cost per cooling unit. Round to the nearest cent b. Calculate the rate of markdown offered during a sale if it made a profit of $51.40 per machine. % Round to two decimal places c. What should be the rate of markdown offered to sell the machines at the cost price? % Round to two decimal placesAn office supply store adds a $2.50 markup to calculators and sells them for $6.95. (a) What is the cost (in $) of the calculators? $ (b) What is the percent markup based on cost? (Round your answer to the nearest tenth of a percent.) %
- Rolf's Golf store sells golf balls for $27 per dozen. The store's overhead expenses are 26% of cost and the owners require a profit of 18% of cost. a. How much does Rolf's Golf store buy the golf balls for? _____per dozen b. What is the price needed to cover all the costs and expenses? c. What is the highest rate of markdown at which the store will still break even? d. What markdown rate would price the golf balls at cost?Disc Buddy, Inc. produces flash drives. The selling price is $8 per drive. The variable cost of production is $2.40 per unit and the fixed cost per month is $3,600. a. Calculate the contribution margin associated with each flash drive. b. In August, the company sold 200 more flash drives than planned. What is the expected effect on profit of selling the additional drives? c. Calculate the contribution margin ratio associated with one flash drive. d. In October, the company had sales that were $2,400 higher than planned. What is the expected effect on profit related to the additional sales?A retailer buys a product from a supplier for $40. The retailer needs a 30% markup on cost to cover operating expenses. If the product is sold for $48, what is the outcome?