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3 years ago

A new car has a sticker price of $20,950, while the invoice price paid was $18,750. What is the dealer markup?

Business

2 answers:

Greeley [361]3 years ago

7 0

20,950 minus 18750 is 2200 so im guessing the markup is $2200

Katena32 [7]3 years ago

5 0

Answer:

2200 is correct for THE DEALER MARK UP

Explanation:

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Activity-Based Costing: Selling and Administrative Expenses

lutik1710 [3]

Answer:

a) Total Sales order $60,000 and total Shipping is $28,000

b) Per unit sales order processing cost = $2.18 and shipping activity cost per walking shoe = $1.02

Explanation:

The question is divided into two parts

Part 1 ) Determine the Total Activity Cost as follows

Activity Order Rate Total (Order x rate)

Sales Order Processing 5000 orders $12/order $60,000

Shipping 1400 shipments $20/shipmt $28,000

Total $88,000

Part 2)

a) Per-unit sales order processing cost

What is the sales order activity cost $60,000 and the number of walking shoes =27,500

Therefore Per unit cost = $60,000 / 27,500 = $2.18 per unit

b) Shipping activity cost per walking shoes

Shipping cost = $28,000 and the number of shoes 27,500

Per Unit Cost of shipping = $28,000/27,500 = $1.02 per unit

The total Activity cost therefore is $2.18 + $1.02 = $3.20

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3 years ago

Lisa owns stock in Company ABC. Company ABC sent out an earnings report and gave each of the stockholders an amount of money bas

VikaD [51]

Dividend means that a company is how much a company pays of its profits to shareholders or investors.

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3 years ago

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Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases.

AysviL [449]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The statement "<span>Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases. " is true </span>

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3 years ago

T-Bills are a security whose price can vary in the market where they are bought and sold after they are auctioned to the investi

natka813 [3]

Answer:

C. What you earn on this security would not change as a result of the change in interest rates.

Explanation:

The increase in the interest rate will decrease the price of the T-Bill if you want to sell it to another investor, but what you will earn with the security will not change at all. Your earnings in dollars = interest rate paid by the T-Bill or any other type of bond.

If you buy and sell securities for a living, then a change in the interest rates can make you win or lose money, since the price of the securities will increase or decrease. If interest rates increase, the price decreases. But if you invest on a security to earn the coupon or interest rate that it pays, a change in the price will not affect you because you already own it. The opportunity cost of holding the security might change, but the accounting revenues will not.

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3 years ago

Who was your most difficult customer?

jeka57 [31]

Answer: when I was working at AXA as a Financial Advisor, my most difficult clients or customers are the SKEPTICAL CUSTOMERS ( their ask much questions and always doubt everything you say).

one of the days I never meet a clients need, was the day a client wants to liquidate his money market investment ( it's a fixed account where clients deposit money and expect good returns or interest when ever they want to cash out the money). The clients wants his money immediately, but at that moment we had some Network issue, and claims has to be posted before liquidation can be done. I called the head office to inform them the issue on ground, as they work to rectify it, I took the client to our lounge room, I bought him ice cream and cake, we ate together and I cracked some jokes, we laughed together as we wait for the Network issue to be resolved,

Customers satisfaction is actually difficult when it comes to large number, I always have a note book, to write down appointment and discussions with customers, so it will be easy for me to satisfy everyone according to what we have discussed earlier. When I have much work to do per hour, I have to inform them on how each issue will be treated accordingly, as their patiently wait.

The last time I apologized to someone was few hours ago, I mistakenly stepped on someone's foot in a public transport, I just have to apologize immediately.

Explanation:

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3 years ago