Question: please help with these two. Thank you! Question 4 If an item has a cost of $8.00 and a 60% markup on selling is applied,

please help with these two. Thank you!

Question 4 If an item has a cost of $8.00 and a 60% markup on selling is applied, the selling price would be $20.00, True O False Question 5 Pricing to meet competition (going rate) is used in both Pure Competition and Oligopoly economic markets. True False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

please help me out to solve this question. 4. Following are the extracts from the Trial Balance of PRITHVI & AAKASH as at 31st March, 2021: Particulars Particulars Purchases 11,40,000 Sales 15,55.000...

Please help me with this! Thank you! Christopher's Custom Cabinet Company uses a job order cost system with overhead applied as a percentage of direct labor costs. Inventory balances at the beginning...

please help with the formulas for the question marks. thank you!! Chapter 7: Applying Excol Data Manufacturing overtiead Selling and administrative overtead $500,000 $300,000 4. Manufacturing...

Please help answer these asap, thank u ! Question 5: Mark Adams grew up always working with his father in a workshop in their backyard. This lead him to pursue carpentry as his career. He...

please help with solutions to Q4 & Q5 QUESTION 4 Exxarro Llimited is considering pricing and costing for the year ahead. The following data based on expected (20) production and sales of 15 000 units...

Please help and show work thank you Question \#2 Antenna Matic Manufacturing accumulated the following budget data for the 2023 year: 1. Sales: 72,700 units, unit selling price $150.00 2. Cost of one...

Exam 1 Business Math Q1. The number 49,842 rounded to the nearest thousand is: a. 50,000 b. 49,000 c. 49,900 d. 49,800 Q2. The number 70624020 should be written: a. 70,624,020.0 b. 7,062,402,0 c....

Please help solve question 3 (multiple part question). I will provide thumbs up if answer is correct. Thank you! Harnett Corporation has two manufacturing departments--Molding and Assembly. The...

Can you please help me answer two questions based on the readings below. 1 How would you contrast the mainstream economics view of consumer behavior in 9.3, with the demand curve in general, and also...

Fancy Millwork has a factory that produces custom kitchen cabinets. It has multiple product lines. Materials and labor for the cabinets are determined by each job. To simplify the assignment, we will...

In a disk jukebox, what would be the effect of having more open files than the number of drives in the jukebox?

A Gallup Daily Tracking Survey found that the mean daily discretionary spending by Americans earning over $90,000 per year was $136 per day (USA today, July 30, 2012). The discretionary spending...

Question 7 5 1 pts FIN 3 7 0 - 6 0 1 9 / Calculating the net present value ( NPV ) of an investment project is one way of determining. If the investment project has the greatest possible internal...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...