Baker's Son Sdn. bakes 150 units cupcakes at a cost of RM2.25 per cupcake. Generally an...

 

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Baker's Son Sdn. bakes 150 units cupcakes at a cost of RM2.25 per cupcake. Generally an average of 4% of the cupcakes remain unsold at the end of the day and are donated. Required: If a markup of 55% on selling price is needed, calculate the selling price per cupcake. (To the nearest 2 decimal place) (4 Marks) b. A LED Projector that normally sells for RM1,200 at BenQ Electronic Bhd. is marked down 45%. If the cost of the LED projector is RM680 and the operating expenses are 15% of cost. Required: i. ii. Calculate the net profit of an LED Projector before the markdown. Calculate the operating loss after the markdown. Calculate the absolute loss after the markdown. (4 Marks) (3 Marks) (2 Marks) c. An invoice received by Embro Bhd. for RM2,780 is dated April 8 and offers terms of 2/10, n/30. The shipping and insurance charges, FOB shipping points are $87.50. Required: Calculate the total amount due if the invoice is paid on April 15. (3 Marks) Baker's Son Sdn. bakes 150 units cupcakes at a cost of RM2.25 per cupcake. Generally an average of 4% of the cupcakes remain unsold at the end of the day and are donated. Required: If a markup of 55% on selling price is needed, calculate the selling price per cupcake. (To the nearest 2 decimal place) (4 Marks) b. A LED Projector that normally sells for RM1,200 at BenQ Electronic Bhd. is marked down 45%. If the cost of the LED projector is RM680 and the operating expenses are 15% of cost. Required: i. ii. Calculate the net profit of an LED Projector before the markdown. Calculate the operating loss after the markdown. Calculate the absolute loss after the markdown. (4 Marks) (3 Marks) (2 Marks) c. An invoice received by Embro Bhd. for RM2,780 is dated April 8 and offers terms of 2/10, n/30. The shipping and insurance charges, FOB shipping points are $87.50. Required: Calculate the total amount due if the invoice is paid on April 15. (3 Marks)

Answer rating: 100% (QA)

a To calculate the selling price per cupcake with a markup of 55 on the selling price we can use the ... View the full answer