Show all calculations. step by step please!

PROBLEM 1 You are the buyer of steel plate for a large steel distributor. You are looking for a supplier of steel plate that your salespeople could sell in the marketplace for $545 per metric ton. If your objective is a 50% mark-up based on selling price, what is the most that you can pay for the steel per ton to still get the desired mark-up? PROBLEM 2 City Electrical Distributor is looking for a new line of 60 watt solar panels to retail for $220. If management wants a 40% markup based on selling price, what is the most that can be paid for a solar panel to still get the desired markup? PROBLEM 3 ABC Medical, a medical distributor of hospital beds, purchases its beds from a manufacturer for $1800. If the distributor's policy is to mark up all merchandise 35% based on selling price, what would be the selling price of the beds to hospitals? PROBLEM 4 Crystal Auto Supply purchases water pumps from the distributor for $28.50 each. If Crystal adds a 90% mark-up based on cost, at what retail price should the pumps be sold? PROBLEM 5 An electrical switch has a cost of $65.00 and a selling price of $119. a. What is the amount of markup on the switch? b. What is the percent markup based on cost? (Round your final answer to the nearest tenth.) c. What is the corresponding percent markup based on selling price? (Round your answer to the nearest tenth). PROBLEM 6 A distributor of airplane components purchases wiring systems for $35.00 each. A $20.50 mark-up is added to the systems. a. What is the selling price? b. What is the percent markup based on cost? c. What is the percent markup based on selling price? PROBLEM 7 Medical Supply Inc.sells a spinal screw for $550 to hospitals. If a 50% mark-up based on cost is added, what is the cost of the spinal screw? PROBLEM 8 Legacy Designs places an order for furniture, listing for $80,450 less trade discounts of 15/20. a. What is the net price factor? b. What is the net price of the order