Computer World purchased a Toshiba netbook for $480 less 40% and 25%. The netbook was then marked

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Computer World purchased a Toshiba netbook for $480 less 40% and 25%. The netbook was then marked up by 120% of cost. Overhead expenses are 55% of cost. In a sale, Computer World offered the netbook at 40% off. Determine

a. The net cost of the netbook

c. The overhead expenses per netbook

e. The sale price (reduced selling price)

b. The amount of the markup

d. The regular selling price

f . The rate of markup on cost at the sale price

g. The operating profit or loss at the sale price

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