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tino4ka555 [31]
2 years ago
15

Sherry owns a car business. She just received a shipment of Volkswagen SUVs. She paid $60,000 for each vehicle and wants to make

25% on each car sale. What is Sherry's selling price?.
Business
1 answer:
densk [106]2 years ago
5 0

The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $<u><em>75,000</em></u>.

<h3>What is the selling price?</h3>

The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.

The computation of the selling price of the car:

Given,

  • Cost price =$60,000
  • Margin =25%

\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}

Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.

Learn more about selling price, here:

brainly.com/question/3798799

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When manufacturing overhead costs are assigned to production in a process cost system, they are debited to.
Ann [662]

The manufacturing overhead costs assigned to production in a process cost system are debited to sales thereof.

Expenses have a debit balance. Manufacturing overhead costs are incurred when expenses are actually happen for the allocation of the asset ,work in progress etc.

Erstwhile the process cost system is the cost of total production incurred at the time of manufacturing for each unit of the product .

To learn more about overhead costs here,

brainly.com/question/13384595

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3 0
2 years ago
Discuss how your own psychographics influences your personal purchasing decisions.
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Answer:

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Explanation: Sorry I could only get a couple in the short amount of time! <3

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3 years ago
Journalize the following five transactions for Nexium &amp; Associates, Inc. Omit explanations.
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Answer:

Nexium & Associates Journal entries

March 1

Dr Accounts Receivable800

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March 9

Dr Office Furniture1,060

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March 31

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Explanation:

The details given about Nexium & Associates are straight forward and required no further

adjustment.

8 0
3 years ago
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A basic conclusion of Keynesian analysis is that:
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Answer:

Small macro disturbances can lead to much larger macro problems.

Explanation:

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So we can say that even small disturbances can lead to big problems.

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The frequency distribution for the weekly incomes of students with part time jobs is listed below. Construct the corresponding r
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Answer:

I hope this helps

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