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frutty [35]
4 years ago
6

If a store uses a selling price-based markup of 40%, and an item costs the store $300, what selling price would the store set fo

r the item ?
A.335

B.400

C.435

D.500

My Answer is C.435
Business
1 answer:
drek231 [11]4 years ago
5 0

Answer:

Selling price would the store set for the item   500

Explanation:

SELLING PRICE= 100% 500  

COST=                  60% <u>300 </u>

MARKUP=          <u>40%</u> 200  

   

   

% Cost                  60%  300 Cost

%Selling price 100% x  

   

X=selling price    

X=100%*300/60%    

X=500    

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AlexFokin [52]

Answer: Gathering research data through surveys by asking questions such as “how much? “ or “how many?”

Explanation: Qualitative research methods include interviews, surveys, etc. It is not based upon numerical data, and it is unstructured. Quantitative research is the systematic empirical investigation of observable phenomena via statistical, mathematical, or computational techniques.

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3 0
3 years ago
Logistics Solutions provides order fulfillment services for dot merchants. The company maintains warehouses that stock items car
denis23 [38]

Answer:

1. 4,200

2. $12,810

3. -$3,090 Unfavorable

4. a. $265 Favorable

b. -$3,355 Unfavorable

Explanation:

The computation of given question is shown below:-

1. Standard labor-hours

Standard labor-hours = Shipped items × Direct labor-hours

= 140,000 × 0.03

= 4,200

2. Standard variable overhead cost allowed

Standard variable overhead cost allowed = Standard variable Overhead rate per hour × Standard labor-hours

= $3.05 × 4,200

= $12,810

3. Variable overhead spending variance

Variable overhead spending variance = Standard variable overhead for actual output - Actual variable Overhead

= $12,810 - $15,900

= -$3,090 Unfavorable

4. a. Variable overhead rate variance

Variable overhead rate variance = (Actual hours × Standard rate per hour) - Actual variable Overhead

= (5,300 × $3.05) - $15,900

= $16,165 - $15,900

= $265 Favorable

b. Variable overhead efficiency variance

Variable overhead efficiency variance = Standard rate per hour × (Standard hours - Actual hours)

= $3.05 × ( 4,200 - 5,300)

= $3.05 × -$1,100

= -$3,355 Unfavorable

4 0
3 years ago
Why can only the house of representatives introduce tax bills?
nikdorinn [45]

The House of Representatives is the only house in Congress that can create bills for raising revenue. This is found in Article 1 Section 7 of the Constitution.

5 0
3 years ago
Kelly Addison is a designer clothing buyer for a chain of department stores. She has gone through several negotiation certificat
Yanka [14]

Full question:

Kelly Addison is a designer clothing buyer for a chain of department stores. She has gone through several negotiation certification programs and is considered an expert negotiator by her peers.

-When Kelly sees value in a product but does not want to pay the offered price, she often offers to split the difference between what she wants to pay and what the seller wants. Which of the following would be most likely to stall the negotiations with Kelly?

A)accepting the offer to split the difference

B)making another pricing counteroffer

C)offering better delivery and payment terms if she matches the asked price

D)standing firm on price but offering a discount for the second order

Answer:

<u>B) making another pricing counteroffer</u>

<u>Explanation:</u>

We are told that Kelly Addison is an expert negotiator and has received several negotiation certification programs. She also has a policy in which whenever she sees value in a product but does not want to pay the offered price, she splits the difference between what she wants to pay and what the seller wants.

Thus, making another pricing counteroffer <u>may stall the negotiations with Kelly.</u>

6 0
4 years ago
Becky asks her friend Maggie to walk her dog for her, and Maggie agrees. While out walking, the dog gets away from Maggie and ru
mezya [45]

Answer:A. Becky is liable for the damages to Mr. Edwards' garden, because she exercised control over her agent, Maggie.

Explanation:This is a situation where a person is working under the instructions of another, Becky will take the full responsibility for the damage done by the Dog to Mr. Edwards garden.

This can be seen also in conditions where a principal gives instructions or job to an Agent, the actions of the agent will directly impact the Principal as the Agent is working according to the directives of the principal.

7 0
3 years ago
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