Cost = $40; rate of markup based on cost = 35%. a. Find the markup. b. Find
Question:
a. Find the markup.
b. Find the selling price.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
a M M C M 35 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Question Posted:
Students also viewed these Finance questions
-
A retail store realizes a markup of $31.50 if it sells an article at a markup of 35% of the selling price. (a) What is the regular selling price? (b) What is the cost? (c) What is the rate of markup...
-
A desk has an 84% markup based on selling price. What is the rate of markup based on cost?
-
Markup = $70; rate of markup based on cost = 83%. a. Find the cost. b. Find the selling price.
-
For the attractive-nuisance doctrine to apply, the possessor need not be aware that children are likely to trespass on his land or have reason to know that the condition poses an unreasonable risk of...
-
Explain the general controls that can be used to authenticate users.
-
The accounting treatment or statement presentation of various items is discussed below. The items pertain to unrelated businesses. INSTRUCTIONS Indicate in each case whether the item has been handled...
-
Discuss project accounting and its role in managing project finances.
-
Healthy Living Co. is an HMO for businesses in the Seattle area. The following account balances appear on the balance sheet of Healthy Living Co.: Common stock (400,000 shares authorized; 300,000...
-
For each of the following, state the journal that should be used - Sales Journal, Purchases Journal, Cash Receipts Journal, Cash Payments Journal, General Journal. 1) Invested cash in business,...
-
Use anonymous FTP to connect to ftp.rfc-editor.org (directory innotes), and retrieve the RFC index. Also retrieve the protocol specifications for TCP, IP, and UDP.
-
A DreamGear Wii Lady Fitness Workout Kit sells for $70.19 on a popular web site. The kit has a 62% markup based on cost. Find the cost and markup.
-
Selling price = $ 148.27; rate of markup based on cost = 40%. a. Find the cost. b. Find the markup.
-
Florida Power & Light Company supplies electricity to residential customers for a monthly customer charge of $8.01 plus 8.89 cents per kilowatt hour (kWh) for up to 1000 kilowatt hours. (a) Write a...
-
Consider the following data for two products of Vigano Manufacturing. Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Budgeted Cost Activity Driver...
-
Consider the following data for two products of Vigano Manufacturing. Activity Machine setup Parts handling Quality inspections Total budgeted overhead Unit Information Units produced Budgeted Cost...
-
Melanie is employed full-time as an accountant for a national hardware chain. She also has recently started a private consulting practice, which provides tax advice and financial planning to the...
-
Marigold Company has sales of $500000, variable costs of $449500, and fixed costs of $28000. Ivanhoe Company has sales of $500000, variable costs of $198000, and fixed costs of $242000. Marigold's...
-
Digitel is a mobile devices company. Unit sale price if the mobile device is $84 and the unit variable cost is $24. The accounting break-even and the financial break-even points of Digitel are...
-
In Example 9, change sin to cos. Data from Example 9 Find sin(tan 1 x). We know that tan 1 x is another way of stating the angle whose tangent is x. Thus, let us draw a right triangle (as in Fig....
-
Explain the term "Equivalent Units". Why are they calculated in process costing? [4 Marks] [minimum 350 words]
-
Payments of $2300 due 18 months ago and $3100 due in three years are to be replaced by an equivalent stream of payments consisting of $2000 today and two equal payments due two and four years from...
-
A $1000 face value strip bond has 19 years remaining until maturity. What is its price if the market rate of return on such bonds is 5.9% compounded semiannually? At this market rate of return, what...
-
Two payments of $5000 are scheduled six months and three years from now. They are to be replaced by a payment of $3000 in two years, a second payment in 42 months, and a third payment, twice as large...
-
Mrs. Sam Taffer was a brilliant engineer at IBM and made a lot of money from stock options. Since then, she has worked as a musician and raised her two sons. She wishes to have most of her property...
-
Miller Company ended its fiscal year on June 30, 2017. The company's adjusted trial balance as of the end of its fiscal year is shown below. MILLER COMPANY Adjusted Trial Balance June 30, 2017...
-
What depreciation method is used to write off property, plant and equipment? Regarding the triple bottom line, what information did the company disclose about environmental matters in the reports?...
Study smarter with the SolutionInn App