Question: you only know the cost and markup. Markup is a % of the final selling price ( not cost ) . It is the percentage

you only know the cost and markup. Markup is a % of the final selling price (not cost). It is the percentage of the final selling price that will be made on each item sold.
A gift shop manager purchased scented candles for $4.30 each. The manager wants a 55% markup. What will the store's final selling price be for the retail customer?
(10 pts)
A manufacturer of skateboards sells them to wholesalers for $35.00 each. The wholesaler takes a 25% markup when selling them to retail stores. Leslie's Sporting Goods takes a 40% markup to determine its final selling price to customers. What is the final selling price to customers in this markup chain?
(10 pts)
Bark & Purr Electronics is considering a new digital pet feeder with a camera and WiFi capability. Most current WiFi-only feeders sell for between $40-70, and those with a camera sell for between $75-125. The total fixed cost for a new production line will be $225,000. The variable cost, which includes such things as components and assemblyline labor, will be $28 per unit. They plan to sell direct to consumers. What will be their breakeven point (BEP) in units at each of these final selling prices to consumers? (10 pts)
BEP units at $85
BEP units at $100
BEP units at $115
How many additional units do they need to sell to have a net income of $500,000.00 at each price? (10 pts)
Additional units at $650
Additional units at $700
Additional units at $750
4. Springlite plans to test market a new line of zero-calorie electrolyte water in 16.9 oz . bottles in three flavors. Lemon will cost $.67 to make with projected sales of 16,000. Cherry will cost $.71 to make with projected sales of 23,000. Coconut will cost $.74 to make with projected sales of 25,000. Each bottle is to retail at the same price. Using average cost pricing and a 58% markup, what will be Springlite's selling price to customers?
(10 pts)
you only know the cost and markup. Markup is a %

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