Pricing section Quiz

Pricing Section - 7 5 = 35 points - show your work With a 25% mark up on selling price and cost of $270, what is the selling price? If the mark up on a product is 80% of selling price, what is the equivalent markup on cost? With a product cost of S6, what should the selling price be to produce a 20% markup on selling price? 4. Fa product now selling for $1000 was first marked up by the seller 50% on cost, what did the product originally cost the seller? S. A health club has 10.000 members. Its fixed costs are $200,000 and its variable cost amounts to $50 per member. What should this health club charge per member to make a profit of $100,0007 6. Another club has fixed costs of $50,000. They know the breakeven point is 1.200 members when they charge $75 per member. What per member variable cost does this situation indicate? What is the breakeven point in units, given the following information? Selling price $15.00 Variable cost/unit SOS.00 Faed costs $20.000