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iragen [17]
3 years ago
5

You are shopping for a new printer to take back to college with you. You decide on the PIXMA iP100 due to its superior photo pri

nt quality and are now looking for the best price. Different stores have different deals, plus the manufacturer was offering a $30 mail-in post-purchase rebate. You determined from the Canon website that the MSRP for the printer was $299 but one online store had it listed for $279. That price included free shipping, which you figured was at least a $20 savings. In addition, the seller included a USB cord necessary to connect the printer to your laptop, which was priced at $25 on Canon's website. While the online store paid for shipping, there was a $5 fee to insure the printer during shipping. The online store did take trade-ins of old printers, but you didn't have any used printers to trade anyway. Finally, the online store offered a special holiday coupon on this printer that was good for an additional $10 off the price of the printer.
21. What was your final price for the printer?
a)$244
b) $219
c) $209
22. Assuming that the store’s cost for the printer and the USB cord was 50% of its list price and that shipping was set at its cost, what were the seller’s costs for this transaction?
a)$164.50
b) $152
c)$172
23. How much profit did the online store make on the sale of this printer?
a)$102
b) $82
c) $92
24. If the online store charged $209 for the printer, what percentage discount would you have received from MSRP?
a)30%
b)25%
c)20%
25. For most products, a decrease in price will _______
a)value.
b)have no effect on
c)increase
d)decrease
Business
1 answer:
kompoz [17]3 years ago
5 0

Answer:

21. a)$244

22. b) $152

23. c) $92

24. a)30%

25 c)increase

Explanation:

21. Final price of the printer = listed price $279 - $30 mail-in post-purchase rebate + $5 fee to insure the printer during shipping - additional $10 off the price of the printer = $244

22. the seller’s costs for this transaction = 50% its price for the printer & USB = 50% * $279 + 50% * 25= $152

23. The profit on sale of this printer = final price – cost for this transaction = $244 - $152 = $92

24 Manufacturer suggested retail price is $2999; and if the online store charged $209 for the printer, the percentage of discount = (299-209)/299 = 30%

25. For most products, a decrease in price will increase value

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trasher [3.6K]

Answer:

Item a

Debit : Website expenses $2,000

Credit : Cash $2,000

Item b

Debit : Work in Process : Direct labor $11,250

Debit : Work in Process : Indirect labor $3,750

Credit : Wages Payable  $15,000

Item c

Debit : Raw Materials $24,000

Credit : Accounts Payable $24,000

Item d

Debit : Work in Process : Direct Materials  $7,500

Debit : Work in Process : Indirect Materials $5,000

Credit : Raw Materials $12,500

Item e

Debit : Work in Process : Depreciation $18,000

Credit : Accumulated depreciation $18,000

Item e

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Credit : Prepaid insurance  $1,500

Item e

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Item f

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Credit : Work in Process $22,500

Item g

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Credit : Sales Revenue  $22,000

Credit : Finished Goods Inventory $18,000

Explanation:

The journals for the transactions have been prepared above.

4 0
3 years ago
Suppose the total market value of all the final goods and services produced in the country of Rushya was $8 billion in 2008 (mea
Advocard [28]

Answer:

Option 4 is definitely correct: Whether real GDP increased cannot be determined with the information given.

Explanation:

The information that is given only states that there has been an increase in the market value of final goods and services in two years. So, we cannot conclude that production increased in Rushya or average price levels increased there as per Option A and C respectively, because market value can be increased by both increase in production or price levels. Even Option B cannot be concluded as the real GDP is dependent on other variables as compared to the total market value.

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3 0
3 years ago
The market price of a security is $50. Its expected rate of return is 14%. The risk-free rate is 6%, and the market risk premium
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The market price of a security is $50. Its expected rate of return is 14%, and the market price of the security  is mathematically given as

MR=27.368

<h3>What will be the market price of the security if its correlation coefficient with the market portfolio doubles?</h3>

Generally, the equation for expected rate return is mathematically given as

RR=(Rf+beta*(Rm-Rf)

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7 0
1 year ago
Human services management includes grant writers, executive directors, program directors, and _____.
ale4655 [162]

Answer:

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Hope this helps!

8 0
2 years ago
Consider the ultimatum game loading... ​, where an​ "allocator" is​ given, say, ​$50.00 to decide how to divide with a​ "recipie
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the cost of the clothes.

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Explanation:

7 0
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