Fresh Bakery Sdn. bakes 50 dozen doughnuts at a cost of RM7.44 per dozen. Generally an...
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Fresh Bakery Sdn. bakes 50 dozen doughnuts at a cost of RM7.44 per dozen. Generally an average of 6% of the doughnut remain unsold at the end of the day and are donated. Required: If a markup of 60% on selling price is needed, calculate the selling price per dozen. b. An electric scooter that normally sells for RM798 at Ace Sporting Bhd. is marked down 50%. If the cost of the electric scooter is RM440 and the operating expenses are 20% of cost. Required: i. iii. iv. Calculate the net profit of an electric scooter before the markdown. Calculate the breakeven point in RM. Calculate the operating loss after the markdown. Calculate the absolute loss after the markdown. c. An invoice received by Aroma Sphere Bhd. for RM1,350 is dated March 1 and offers terms of 3/10, n/30. The shipping and insurance charges, FOB shipping points are $43.50. Required: Calculate the total amount due if the invoice is paid on March 9. Fresh Bakery Sdn. bakes 50 dozen doughnuts at a cost of RM7.44 per dozen. Generally an average of 6% of the doughnut remain unsold at the end of the day and are donated. Required: If a markup of 60% on selling price is needed, calculate the selling price per dozen. b. An electric scooter that normally sells for RM798 at Ace Sporting Bhd. is marked down 50%. If the cost of the electric scooter is RM440 and the operating expenses are 20% of cost. Required: i. iii. iv. Calculate the net profit of an electric scooter before the markdown. Calculate the breakeven point in RM. Calculate the operating loss after the markdown. Calculate the absolute loss after the markdown. c. An invoice received by Aroma Sphere Bhd. for RM1,350 is dated March 1 and offers terms of 3/10, n/30. The shipping and insurance charges, FOB shipping points are $43.50. Required: Calculate the total amount due if the invoice is paid on March 9.
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Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
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