(a) What is the selling price per litre?
(b) What is the rate of markup based on cost?
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Sheridan Service sells oil at a markup of 41% of the selling price. Sheridan paid $0.96 per litre of oil.
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 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...
An item sells with a markup of 37% on selling price. What is the markup as a percentage on cost?
Markup percent is based on selling price. Compute the missing terms. Selling Price Markup Percent 100% - Markup Cost a. $2,120 35% % $ b. 420 30% % $ c. 72 35% % $
YuCOLUNI 99 A markup of 35% on cost is equivalent to what markup on selling price? 65.00% 35.00% 74.07% 25.93%
500 bags of onions were purchased at $2.51 per bag. The desired markup is 43% based on selling price, but 20% spoilage is expected. What should the selling price per bag be (in $ per bag)? (Round your answer to the nearest cent.)
a)Overall the price of oil passed from 119.2 $/litre in January to 112.9 $/litre in December. What has been the average monthly variation? Give your answer in percentage, and round it to two decimals. b)Assuming that this overall variation will continue for the beginning of 2019, give an estimation of the average price of oil inApril2019.Round your answer to one decimal. c)Find the mean and the mean absolute deviation (MAD) of the monthly oil prices. Round your answers to one...
Jun 1, 202 MicroAge sells cellphones at a selling price that includes a 65% markup on cost. If a cellphone costs MicroAge $300, its selling price is Mumple Choice $254.81 $45154 None of these answers is correct $495.00 o $09150
If a retailer sells a coat for $139.99. What was his markup if he bought the coat for $81.79? (15 pts) • Markup in actual dollars? • Express markup as a % of cost? • Express markup as a % of selling price? *Remember that markup percentage is based on selling price unless otherwise noted.
Sheridan Computer Parts Inc. is in the process of setting a selling price on a new component it has just designed and developed. The following cost estimates for this new component have been provided by the accounting department for a budgeted volume of 55,000 units Per Total Unit $55 S29 $23 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $770,000 $16 $275,000 Sheridan Computer Parts management requests that...