What would be their percent markup

Assignment Help Cost Accounting
Reference no: EM13558816

Working off an 18% margin, with markups based on cost, the Food Co-op Club boasts that they have 5,000 members and a 200% increase in sales. The markup is 36% based on cost. What would be their percent markup if selling price were the base? Round to the nearest hundredth percent.

Reference no: EM13558816

Questions Cloud

What is the effect of a stock dividend : Who are the stakeholders in situation and is there anything unethical about President Mailor's intentions or actions?
What is the resistance between the ends of the welded bar : Two cylindrical bars, each with diameter of 2.00 cm, are welded together end to end. One of the original bars is copper and is 0.380 m long. The other bar is iron and is 0.190 m long. What is the resistance between the ends of the welded bar at 20°C?
Explain what pressure does the gas exert on the wall : If 2.0 x 10^23 argon atoms strike 4.0 cm^2 of wall per second at a 90 degree angle to the wall moving with a speed of 450 m/s. what pressure (in atm) does the gas exert on the wall
Two conducting wires of the same material : Two conducting wires of the same material are to have the same resistance. One wire is 17 m long and 0.39 mm in diameter. If the other wire is 0.31 mm in diameter, how long should it be?
What would be their percent markup : The markup is 36% based on cost. What would be their percent markup if selling price were the base? Round to the nearest hundredth percent.
Calculate the average speed for the round trip : A car travels up a hill at a constant speed of 27 km/h and returns down the hill at a constant speed of 67 km/h. Calculate the average speed for the round trip.
Determine the range of annual cash inflows : Determine the range of annual cash inflows for each of the two projects and construct a table similar to this for the NPVs for each project. Include therangeof NPVs for each project.
Define what will be the concentration of the dilute solution : If 22.22 mL of a 1.50 M Ni(NO3)2 solution is diluted to exactly 250.0 mL, what will be the concentration of the dilute solution
Determine the change of potential energy of the charge : The potential difference between a storm cloudand the ground is 100 million volts. what is the change of potential energy of the charge

Reviews

Write a Review

Cost Accounting Questions & Answers

  Find the breakeven point in units for each product

find the breakeven point in units for each product - The company's fixed costs are $2,040

  Prepare a projected single-step income statement

Prepare a projected single-step income statement for the year ending July 31, 2013, based on the proposal. Assume all sales are collected within the discount period.

  Calculate valley total cost

Valley Dental Services is a specialized dental practice whose only service is filling cavities. Valley has identified the following monthly costs.

  Discuss the limitation of the expected value approach

Discuss the limitation of the expected value approach to assessing the risks of taking on the franchise. What other factors should be considered by Ariba Ltd?

  Find the following statements is correct

Jay sold land (a capital asset) to an unrelated party for $20,000 cash and a 9% note for $100,000 due in two years. His basis in the land was $40,000. Which of the following statements is correct?

  What is budgeted annual fixed manufacturing overhead

What is budgeted annual fixed manufacturing overhead - if budgeted fixed overhead equals actual fixed overhead, what is underapplied or overapplied fixed overhead in 2010 under absorption costing? Under variable costing?

  Evaluate the effectiveness of regulations such as

evaluate the effectiveness of regulations such as sarbanes-oxley act over minimizing the corporate fraud and protecting

  What was the firms net income

What was the cash flow from operating activities and what was the firm's net income

  Determine the total costs of direct materials

Determine the quantity of framing, glass, and backing that is to be purchased during August and determine the total costs of direct materials for August purchases.

  What amount was reported on the statement of cash flows

Stone Kitchen Equipment Company's income statement reported a loss on the sale of equipment of $4,900. What amount was reported on the statement of cash flows as "cash flow from sale of equipment.

  Questionnbspat 1 july 2014 pavo ltd acquired 60 of the

questionnbspat 1 july 2014 pavo ltd acquired 60 of the shares of octans ltd for 153 000 on a cum div. basis. pavo ltd

  Cash flows from operating activities-indirect method

Cash flows from operating activities-indirect method and Prepare a schedule of cash flows from operating activities using the indirect method.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd