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taurus [48]
3 years ago
12

Bari Jay, a gown manufacturer, received an order for prom dresses from China. Her cost is $45 a gown. If her markup based on sel

ling price is 69%, what is the selling price of each gown?
(Round your answer to the nearest cent.)
Business
1 answer:
Furkat [3]3 years ago
3 0

Answer:

The answer is: The selling price is $76.05

Explanation:

To calculate the markup we can use the following formula:

Markup Percentage = Gross Profit / Unit Cost

where:

  • unit cost = $45
  • markup percentage = 69%
  • gross profit = selling price - unit cost

69% = gross profit / $45

69% x $45 = gross profit

$31.05 = gross profit

$31.05 = selling price - $45

selling price = $76.05

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The town of Draper, with a population of 20,000, sits adjacent to State University, which has an enrollment of 27,000 students.
madam [21]

Answer: See explanation

Explanation:

a. Let the break even sales be represented by x.

Firstly, we will calculate the total fixed cost which will be:

Investment = $4.5million/30 = $150,000

Add: Annual labor cost = $140,000

Add: Interest = 8% × $4.5million = $360,000

Total Fixed cost = $650000

The total variable cost will be: = 0.60 × x = 0.60x

Therefore, total cost:

= fixed cost + variable cost

= 650000 + 0.60x

Total revenue = Selling price × sales

= 3.20 × x = 3.20x

Break even point will now be:

Total revenue = Total cost

3.20x = 650000 + 0.60x

3.20x - 0.60x = 650000

2.60x = 650000

x = 650000/2.60

x = 250000

Therefore, number of cars that would have to park in the lot on an annual basis to pay off the project is 250000.

b. The approximate number of cars that would have to park in the lot on a daily basis will be:

= 250000/365 days

= 684.91

=685 cars

6 0
3 years ago
Hàm số cầu của tảo hàng năm có dạng: Qd = 10 – P/2. Mùa thu hoạch năm trước là 8 ngàn tấn. Năm nay, thời tiết không thuận lợi nê
Lyrx [107]

Answer:

am sorry plz write your question in English

8 0
3 years ago
The deterioration of many municipal pipeline networks across the country is a gowing conoer technology proposed for pipeline reh
Misha Larkins [42]

Answer:

a. Compare the mean tensile strengths at the 95% confidence level.

Explanation:

5 0
3 years ago
Your employees are skilled and experienced customer service representatives who perform non-routine tasks, such as solving uniqu
Anvisha [2.4K]

Explanation:

The path-goal theory is based on adjusting the leadership style to the needs of employees and the work environment, in order to achieve goals.

In the scenario above, there is a work environment composed of qualified and experienced employees for the function, so the most appropriate leadership style for this scenario according to the path-goal theory would be participative and achievement-oriented leadership.

Participative leadership is a leadership style that ensures greater involvement of employees in decision-making, is effective in a work environment that has qualified and engaged employees. The achievement-oriented leadership style refers to the challenging goals proposed by the leader to employees and the confidence he has in the employees' ability to meet their expectations.

b) Two challenges in the team dynamics that make it difficult to support the view that teams are synergistic may be the lack of communication and a very centralized leadership.

The teams are composed of individuals with different personalities but who join their efforts to achieve organizational goals and objectives.

Therefore, it is necessary to have a leadership style that is geared towards the whole of the team, that seeks to engage and respect the individualities of each member of the team but that motivates them to seek common goals. It is also necessary that communication is valued, that all members feel they are a necessary part of the team, so that the information can be passed on properly and also to avoid conflicts that may occur.

5 0
3 years ago
A court adjudicates Huck mentally incompetent and appoints Inez to be his guardian. Later, without Inez's knowledge, Huck signs
nalin [4]

Answer:

the contract is a. void.

Explanation:

this is because Huck has been declared as mentally incompetent by the court and that can only be changed by the court as well. so, when he agrees to sell and create a contract, it becomes void, no matter the value is or how closely it relates to the market value.

if it was Inez who came into the contract, then the contract would have been legally binding.

8 0
3 years ago
Read 2 more answers
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