ZuoTi.Pro
Question
the sales tax rate is 8%.

Front Range Cabinet Distributors in Colorado Springs, Colorado sells to its contractors with a 33% markup on cost. If the sel
business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

We will calculate cost by assuming cost $100 % Then maoke up will 83% so selling price 133% We know selling Price » $9441 So,for any doubt on this question please fell free to leave a comment

0 0
Add a comment
Know the answer?
Add Answer to:
the sales tax rate is 8%. Front Range Cabinet Distributors in Colorado Springs, Colorado sells to...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Sheridan Service sells oil at a markup of 48% of the selling price. Sheridan paid $1.03...

    Sheridan Service sells oil at a markup of 48% of the selling price. Sheridan paid $1.03 per litre of oil (a) What is the selling price per litre? (b) What is the rate of markup based on cost? (a) The selling price per litre is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The rate of markup based on cost is % (Round the final answer...

  • Sheridan Service sells oil at a markup of 46% of the selling price. Sheridan paid $0.94...

    Sheridan Service sells oil at a markup of 46% of the selling price. Sheridan paid $0.94 per litre of oil. (a) What is the selling price per litre? (b) What is the rate of markup based on cost? (a) The selling price per litre is s (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The rate of markup based on cost is %. (Round the final answer...

  • Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT distributors. The JIT...

    Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT distributors. The JIT distributor places small, frequent orders, and the non-JIT distributor tends to place larger, less frequent orders. Both types of distributors are buying the same product. Stillwater Designs provides the following information about customer-related activities and costs for the most recent quarter: JIT Distributors Non-JIT Distributors Sales orders 900 90 Sales calls 70 70 Service calls 350 175 Average order size 650 6,500 Manufacturing cost/unit...

  • Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT...

    Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT distributors. The JIT distributor places small, frequent orders, and the non-JIT distributor tends to place larger, less frequent orders. Both types of distributors are buying the same product. Stillwater Designs provides the following information about customer-related activities and costs for the most recent quarter: JIT Distributors Non-JIT Distributors Sales orders 1,000 100 Sales calls 70 70 Service calls 350 175 Average order size 850...

  • Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT...

    Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT distributors. The JIT distributor places small, frequent orders, and the non-JIT distributor tends to place larger, less frequent orders. Both types of distributors are buying the same product. Stillwater Designs provides the following information about customer-related activities and costs for the most recent quarter: JIT Distributors Non-JIT Distributors Sales orders 1,200 120 Sales calls 70 70 Service calls 350 175 Average order size 550...

  • More business math problems pls help!!

    1. Sunset co. Marks up merchandise 40% on cost. A DVD player costs sunset $90. What is sunsets selling price? (Round answer to nearest cent) 2. Jcpenny sells jeans for $49.50 that cost $38.00. What is the percent markup on cost. Check the cost. (Round answer to nearest hundredth percent) 3. Best Buy sells a flat screen high definition tv for $700. Best Buy marks up the tv 45% on cost. What is the cost and dollar markup of the tv? (Found...

  • The Food Co-op Club boasts that it has 4,800 members and a 190% increase in sales....

    The Food Co-op Club boasts that it has 4,800 members and a 190% increase in sales. The markup is 38% based on cost. What would be its percent markup if selling price were the base? (Round your answer to the nearest hundredth percent.)

  • Please put it excel spreadsheet format and please provide answers and formula. Thank you. LU 8-2...

    Please put it excel spreadsheet format and please provide answers and formula. Thank you. LU 8-2 PRACTICE QUIZ ive the followding situations (markups based on selling price). Note numbers 1,2 are parallel problems to those in Practice Quiz 8-1 lowing situatio omplete this Practice Qutz to ee how you are dotng 1. Irene Westing bought a desk for $400 from an office supply house. She plans to sellthe desk for $600. What is Irene's dollar markup? What is her percent...

  • The Warren Watch Company sells watches for $30, fixed costs are $155,000, and variable costs are...

    The Warren Watch Company sells watches for $30, fixed costs are $155,000, and variable costs are $13 per watch. a. What is the firm's gain or loss at sales of 6,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. What is the firm's gain or loss at sales of 18,000 watches? Enter loss (if any) as negative value. Round your answer to the nearest cent. b. What is the break-even point (unit sales)?...

  • Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT...

    Activity-Based Customer-Driven Costs Suppose that Stillwater Designs has two classes of distributors: JIT distributors and non-JIT distributors. The JIT distributor places small, frequent orders, and the non-JIT distributor tends to place larger, less frequent orders. Both types of distributors are buying the same product. Stillwater Designs provides the following information about customer-related activities and costs for the most recent quarter: JIT Distributors Non-JIT Distributors Sales orders 700 70 Sales calls 70 70 Service calls 350 175 Average order size 750...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT