A. Johnson's Furniture bought a table for $262 and marked it up 85% based on the cost. For a special promotion, it was marked down 25%. Store management decided to mark it down an additional 30%. What was the final reduced price? (5 marks)

B. James McDonnell operates a vegetable store. He purchases 800 pounds of potatoes at a cost of SO.18 per pound. If he anticipates 20% of the potatoes to spoil and wishes to make a profit of 140% of the cost, for how much must he sell the potatoes per pound? (5 marks)

C. Kevin assembles 37 keyboards on Monday, 42 on Tuesday, 40 on Wednesday, 46 on Thursday, and 59 on Friday. What is his gross pay for the week according to this differential piecework scale on a weekly basis: (5 marks)

Units Assembled 1-50 51-150 Over 150

Pay per Unit $2.90 $3.20 $3.65

D. Mark is a paper mill sales representative who earns $15 per hour in a standard 40 hour week. He worked 5 hours overtime on Saturday at time-and-a-half and 4 hours on Sunday at double-time: If he receives 6% of his total sales as commission, what would be his total gross pay if his sales last week total is $8,975?

Answer rating: 100% (QA)

A Johnsons Furniture The original cost of the table was 262 Johnsons Furniture marked it up by 85 wh... View the full answer