Homework Answers
rate positively .. let me know if you need any clarification..
| Given that = | ||
| Mark up % = | 78% | |
| Mark up $ = | 5.8 | |
| Therefore cost = 5.8/78% | 7.44 | |
| Retail selling price = 5.8+7.44 | 13.24 | |
| Ans = | 13.24 | |
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Question 1 3 pts An item (SKU #4589011) receives a markup in dollars of $5.80. A 78% markup at cost is reported. Wh...
Question 5 3 pt A buyer of men's shirts has a price point (desired retail selling price) of $79.99 and requires a m...
Question 5 3 pt A buyer of men's shirts has a price point (desired retail selling price) of $79.99 and requires a markup of 65% @ cost. When shopping various vendors, what is the highest cost the buyer should be willing to pay for these shirts to meet his price point and earn his desired markup percentage? Note: Please provide only the numerical answer; no dollar sign. For final answer round to whole number (no decimal points).
two questions A furniture retailer have a couch and a love seat on sale at a final closeout price of $1999. It was...
two questions
A furniture retailer have a couch and a love seat on sale at a final closeout price of $1999. It was originally priced at $3,799. It went through a series of markdowns to arrive at this final closeout price. The retailer purchases the table and chairs for $699 from its vendors overseas. Question 8 4 pts What is the initial markup on the item? (Note: Please provide the numerical answer - no dollar sign needed. Final answer has...
Also, what will be the inita retail price of the suit before any markdowns? Based on...
Also, what will be the inita retail price of the suit before any
markdowns?
Based on the following description, please answer Questions 6-7. You are a department manager for women's dresses and suits. Your merchandise buyer tells you that she realized an $85 markup on a Jessica London black woman's suit. You know that her markup is 25 percent of retail. Question 6 3 pts What did the suit cost the buyer when it was purchase from the vendor? (Note:...
PLZ TYPE THE ANSWER THANKS! Question 1 1 pts STD MENU ITEM # ITEM ITEM MENU...
PLZ TYPE THE ANSWER THANKS!
Question 1 1 pts STD MENU ITEM # ITEM ITEM MENU SOLD FOOD PRICE COSTS COST MENU REVENUES Cost % Spicy Chicken 120 $7.75 $12.5 Wings Column 1300 Totals $9,500 $21,000 Question 2 1 pts Food opening inventory $17,500 Food purchases $2,500 Food ending inventory $3,350 Cost of Goods Consumed Employee meals $250 Promotional food $125 Bar transfers $110 1. What is the actual cost of goods sold? 2. What is the actual food cost...
JUST FILL IN THE BLANK THANKS Question 1 1 pts STD MENU ITEM # ITEM ITEM...
JUST FILL IN THE BLANK THANKS
Question 1 1 pts STD MENU ITEM # ITEM ITEM MENU SOLD FOOD PRICE COSTS COST MENU REVENUES Cost % Spicy Chicken 120 $7.75 $12.5 Wings Column 1300 Totals $9,500 $21,000 Question 2 1 pts Food opening inventory $17,500 Food purchases $2,500 Food ending inventory $3,350 Cost of Goods Consumed Employee meals $250 Promotional food $125 Bar transfers $110 1. What is the actual cost of goods sold? 2. What is the actual food...
Question 13 CNNBC recently reported that the mean annual cost of auto insurance is 991 dollars....
Question 13 CNNBC recently reported that the mean annual cost of auto insurance is 991 dollars. Assume the standard deviation is 144 dollars. You will use a simple random sample of 78 auto insurance policies. Find the probability that a single randomly selected policy has a mean value between 1010.6 and 1038.3 dollars. P(1010.6 < X < 1038.3) = 78 has a mean value between 1010.6 and Find the probability that a random sample of size n = 1038.3 dollars....
PLEASE ANSWER ALL PARTS 1). What is the retailers markup in dollars per case for gold...
PLEASE ANSWER ALL PARTS
1). What is the retailers markup in dollars per case
for gold blend?
2). What is the retailers markup in dollars per case
for rose blend?
3). Mackinac Island Contribution (Dollars/Case) for
gold blend?
4). Mackinac Island Contribution (Dollars/Case) for
rose blend?
5.) Mackinac Island Contribution (Percentage%) gold
blend
6.) Mackinac Island Contribution (Percentage%) rose
blend
7.) Number of units needed for break-even gold
blend
8.) Number of units needed for break-even rose
blend
9.) Profit...
Best Buy is selling an ultra-high-definition flat-screen LED TV (36") for $599.98 (retail list price). The...
Best Buy is selling an ultra-high-definition flat-screen LED TV (36") for $599.98 (retail list price). The cost to Best Buy was $280 per TV. A newer model has come out on the market, so Best Buy is marking down the TVs to move them out of the store and make room for the new TVs. After a series of markdowns, the TV is ultimately being sold for $399.98. What was the maintained markup percentage on this item? (Note: No need...
(7 pts) Suppose that in a day, a casino receives 2500 bets on a certain color(red...
(7 pts) Suppose that in a day, a casino receives 2500 bets on a certain color(red or black) on one particular roulette wheel. Each bet is only a dollar bet. The house(casino) has 20 in 38 chances to win. Estimate the chance that the house will win at least 100 dollars. Write your answer as a decimal. Note: In practice, a casino has many roulette wheels and many bets are much more than a dollar. The house always win!
You are to write a program IN C++ that asks the user to enter an item's...
You are to write a program IN C++ that asks the user to enter an item's wholesale cost and its markup percentage. It should then display the item's retail price. For example: if the an item's wholesale cost is 5.00 and its markup percentage is 100%, then the item's retail price is 10.00 If an item's wholesale cost is 5.00 and its markup percentage is 50%, then the item's retail price is 7.50 Program design specs. You should have 5...
Question 5 3 pt A buyer of men's shirts has a price point (desired retail selling price) of $79.99 and requires a markup of 65% @ cost. When shopping various vendors, what is the highest cost the buyer should be willing to pay for these shirts to meet his price point and earn his desired markup percentage? Note: Please provide only the numerical answer; no dollar sign. For final answer round to whole number (no decimal points).
two questions
A furniture retailer have a couch and a love seat on sale at a final closeout price of $1999. It was originally priced at $3,799. It went through a series of markdowns to arrive at this final closeout price. The retailer purchases the table and chairs for $699 from its vendors overseas. Question 8 4 pts What is the initial markup on the item? (Note: Please provide the numerical answer - no dollar sign needed. Final answer has...
Also, what will be the inita retail price of the suit before any
markdowns?
Based on the following description, please answer Questions 6-7. You are a department manager for women's dresses and suits. Your merchandise buyer tells you that she realized an $85 markup on a Jessica London black woman's suit. You know that her markup is 25 percent of retail. Question 6 3 pts What did the suit cost the buyer when it was purchase from the vendor? (Note:...
PLZ TYPE THE ANSWER THANKS!
Question 1 1 pts STD MENU ITEM # ITEM ITEM MENU SOLD FOOD PRICE COSTS COST MENU REVENUES Cost % Spicy Chicken 120 $7.75 $12.5 Wings Column 1300 Totals $9,500 $21,000 Question 2 1 pts Food opening inventory $17,500 Food purchases $2,500 Food ending inventory $3,350 Cost of Goods Consumed Employee meals $250 Promotional food $125 Bar transfers $110 1. What is the actual cost of goods sold? 2. What is the actual food cost...
JUST FILL IN THE BLANK THANKS
Question 1 1 pts STD MENU ITEM # ITEM ITEM MENU SOLD FOOD PRICE COSTS COST MENU REVENUES Cost % Spicy Chicken 120 $7.75 $12.5 Wings Column 1300 Totals $9,500 $21,000 Question 2 1 pts Food opening inventory $17,500 Food purchases $2,500 Food ending inventory $3,350 Cost of Goods Consumed Employee meals $250 Promotional food $125 Bar transfers $110 1. What is the actual cost of goods sold? 2. What is the actual food...
Question 13 CNNBC recently reported that the mean annual cost of auto insurance is 991 dollars. Assume the standard deviation is 144 dollars. You will use a simple random sample of 78 auto insurance policies. Find the probability that a single randomly selected policy has a mean value between 1010.6 and 1038.3 dollars. P(1010.6 < X < 1038.3) = 78 has a mean value between 1010.6 and Find the probability that a random sample of size n = 1038.3 dollars....
PLEASE ANSWER ALL PARTS
1). What is the retailers markup in dollars per case
for gold blend?
2). What is the retailers markup in dollars per case
for rose blend?
3). Mackinac Island Contribution (Dollars/Case) for
gold blend?
4). Mackinac Island Contribution (Dollars/Case) for
rose blend?
5.) Mackinac Island Contribution (Percentage%) gold
blend
6.) Mackinac Island Contribution (Percentage%) rose
blend
7.) Number of units needed for break-even gold
blend
8.) Number of units needed for break-even rose
blend
9.) Profit...
Best Buy is selling an ultra-high-definition flat-screen LED TV (36") for $599.98 (retail list price). The cost to Best Buy was $280 per TV. A newer model has come out on the market, so Best Buy is marking down the TVs to move them out of the store and make room for the new TVs. After a series of markdowns, the TV is ultimately being sold for $399.98. What was the maintained markup percentage on this item? (Note: No need...
(7 pts) Suppose that in a day, a casino receives 2500 bets on a certain color(red or black) on one particular roulette wheel. Each bet is only a dollar bet. The house(casino) has 20 in 38 chances to win. Estimate the chance that the house will win at least 100 dollars. Write your answer as a decimal. Note: In practice, a casino has many roulette wheels and many bets are much more than a dollar. The house always win!
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