Assume that your total cost per unit to make a snack is $4.50. Your company is using a cost-plus pricing strategy and would like to charge a 15% markup. Show your work to calculate the Selling Price of the snack as well as the Total Profit that would be made per unit. Show your work

Answers

Answer 1

Answer: See explanation

Explanation:

The selling price of the snack will be the addition of the cost plus the markup. This will be:

Cost per unit = $4.50

Markup percentage= 15%

Markup = Markup percentage × Cost

= 15% × $4.50

= 0.15 × $4.50

= $0.675

Then, selling price will be:

= $4.50 + $0.675

= $5.175 per unit

Profit = Selling price - Cost price

= $5.175 - $4.50

= $0.675 per unit

The profit is the markup price.


Related Questions

Say you are grocery shopping and you come across an item for which the unit price is not labeled. How can you find the
unit price on your own?

Answers

Find a convenient and reasonable unit of measurement to use, then divide the cost of the package by the number of units chosen in that package.

Which strategy makes use of summarizing to understand written documents?
A. Guessing from context
B. Previewing
C. Skimming
D. Taking notes

Answers

Answer:

See below

Explanation:

The strategy which makes use of summarizing to understand written documents is called paraphrasing. It is the act of writing an author's word in one's own word.

However, before one could paraphrase, the context or subject being discussed must be really understood. Here, the main contents in the discussed are preserved when paraphrasing in order not to lose relevance.

Guessing from contents means knowing the exact meaning of every words used in a context. The idea here is not to summarize the written document.

Previewing is when the summary of a content is being read inoder to have a general idea of the content. The whole summary of a passage or content are displayed at a glance.

Skimming. In skimming, one look out for certain key words and phrases rather than summarizing the whole contents.

Taking notes. Note taking involves writing down main ideas, summary and vocabulary in order to have full knowledge of what the whole contents entails.

Kasravi co. Had net income for 2013 of shs 400,000.The average number of shares outstanding for the period was 200,000 shares

Answers

Answer:

$1.98

Explanation:

Calculation for should Kasravi Co. report for diluted earnings per share for the year ended 2013

First step is to calculate the Proceeds amount

Proceeds = 12000 × $30

Proceeds = $36,000

Second step is to calculate the Shares assumed purchased

Shares assumed purchased= ($36,000 ÷ $36)

Shares assumed purchased = 10000 shares.

Third step is to calculate the Incremental share issued

Incremental share issued (12000 - 10000)

Incremental share issued = 2000 shares

Now let calculate the diluted earnings per share for the year ended 2013 using this formula

Diluted earnings per share = (Net income ÷ Average Weighted shares + incremental share issued))

Let plug in the formula

Diluted earnings per share = ($400,000 ÷ (200,000 shares +2000 shares))

Diluted earnings per share= $400,000 ÷ 202,000 shares

Diluted earnings per share= $1.98

Therefore The amount that Kasravi Co. Should report for diluted earnings per share for the year ended 2013 is $1.98

what was the physical change that happens to Jodi’s character in Tall Girl? Movie

Answers

Jodi is very tall at around 6 foot 1, she is very self-concious about it and doesn't really know how it happened

(She assumes it was a gene that may have skipped a generation or two)

It may be a gene mutation, and she has no idea how exactly it happened.     No one does.

You just borrowed money for four years to buy a car. The payments are $218 a month and the APR is 7 percent. How is the EAR computed?

Answers

Answer:

EAR= 0.072 = 7.2%

Explanation:

Giving the following information:

Nominal interest rate= 7%

Number of periods= 12 months

To calculate the Effective Annual Rate (EAR), we need to use the following formula:

EAR= (1 + nominal rate/number of periods)^number of periods

EAR= [(1 + 0.07/12)^12] - 1

EAR= 0.072 = 7.2%

please help 15 points if right brainliest

The other forms and methods of startup capital—the ones that don’t use the money of outside investors—are collectively referred to as bootstrapping. False True

Answers

The other forms and methods of startup capital—the ones that don't use the money of outside investors—are collectively referred to as bootstrapping. Venture capitalists are ruthless; angel investors are kind-hearted.

Answer:

The other forms and methods of startup capital—the ones that don't use the money of outside investors—are collectively referred to as bootstrapping. True False

✓ true

Explanation:

Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sales goal of $5,000 per week, and a conversion rate goal of 60%. Keeping track of how many customers came into the store during her shifts, sales associate Suzy had 120 customers enter the store that week during her shift. Her sales indicate 65 separate transactions for a total sales amount of $4803. Suzy's conversion rate for the week is _______ and her Meeting Quota ratio is _______

Answers

Answer:

0.54 and 0.96

Explanation:

Conversion rate is Sales / Sales calls.

There are 65 sales transactions in total and the customers entered into the store are 120.

Conversion rate is 65 / 120 = 0.54

Meeting Quota ratio is Actual Sales / Sales goal

Actual Sales amount to $4803 while the sales goal was $5,000

Meeting quota ratio is 4803 / 5000 = 0.96

Ben was a salesperson for a manufacturing firm in the late 1920s. Which of the following would his employer most likely have asked him to do? a. Find out what customers really want and how the company can change its products to better meet customer needs. b. Simply take orders from customers and turn them in to the company. c. Nothing, because at this time production lagged well behind customer demand. d. Use high-pressure sales technique to sell more of the company's high production output. e. Develop long-term relationships with clients.

Answers

Answer:

d. Use high-pressure sales technique to sell more of the company's high production output.

Explanation:

In the 1920s there was a boom in the sales due to tariffs placed on goods from outside of the United States.

So there was more patronage for locally made products.

Marketing developed as a conscious strategy for businesses.

As a salesperson for a manufacturing firm in the late 1920s Ben will be accustomed to using high-pressure sales technique to sell more of the company's high production output.

This will be the most effective role for him.

DUE TODAY PLEASE HELP T^T

When completing a self-assessment, you should think about the cultural environment in which you want to live.
False
True

Answers

Answer:

TRUE TRUE TRUE

Explanation:

:) :) :) :) :) :)

Answer:

True

Explanation:

kind of common sense lol......

write a number which is the product of two prime number​

Answers

Answer:

2 x 3 = 6. ...............

In mathematics, a semiprime is a natural number that is the product of exactly two prime numbers. The two primes in the product may equal each other, so the semiprimes include the squares of prime numbers.


A product of two primes can never be prime because the product of two primes p1 and p2 is always divisible by those two primes that are smaller than it and always bigger than 1 which is not prime by definition - and a prime is only divisible by 1 and itself.

The first 49 prime numbers are 2, 3, 5, 7, 11, 13, 17, 19, 23, 29, 31, 37, 41, 43, 47, 53, 59, 61, 67, 71, 73, 79, 83, 89, 97, 101, 103, 107, 109, 113, 127, 131, 137, 139, 149, 151, 157, 163, 167, 173, 179, 181, 191, 193, 197, 199, 211, 223, and 227.

No, the product of two (or more) prime numbers cannot result in another prime number.

.A manufacturing business has purchases of raw materials of $4,500, closing inventory of $1,400 and opening inventory of $800. What is the cost of raw materials used in production?

Answers

Answer:

Cost of raw materials used = $5,100

Explanation:

Given:

Purchases of raw materials = $4,500

Closing inventory = $1,400

Opening inventory = $800

Find:

Cost of raw materials used

Computation:

Cost of raw materials used = Opening inventory + Purchases of raw materials - Closing inventory

Cost of raw materials used = 1,400 + 4,500 - 800

Cost of raw materials used = $5,100

If an economy is in recession, discuss the differing effects created by a tax cut vs. A GDP-G increase to close the gap. Use the concept of multipliers in your answer.

Answers

Answer:

Explanation:

increase government spending will result in increased aggregate demand, which then increases the real GDP, resulting in an rise in prices. ... Conversely, to close an expansionary gap, the government would increase income taxes, which decreases aggregate demand, the real GDP, and then prices.

Economic recession takes place because of fluctuation within the variation. When the contraction point of the trade cycle prolongs or stays for quite six months then recession takes place in an economy. it's a situation when the entire economy shrinks down.

GDP

when increased government spending will end in increased aggregate demand, which then increases the 000 GDP, as a lead to an increase in prices. Also Conversely, to shut an expansionary gap, the govt. would increase income taxes, which decreases aggregate demand, the important GDP, and also then prices.

Find out more information about GDP here:

https://brainly.com/question/26261960

What courses or information would be helpful for a hospitality manager?

Answers

Answer:

Travel Attendants.

Lodging Managers.

Meeting, Convention, and Event Planners.

Food Service Managers.

Holiday Counselor.

Explanation:

Identify each statement as either true or false. In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. Banks typically loan out a portion of customer deposits. Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs.

Answers

Answer:

false

true

true

true

false

Explanation:

Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.

If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out

Fractional banking is practiced in the US

Bank run is when depositors withdraw their monies from the bank due to fear of the bank failing.

The Federal Deposit  Insurance Corporation (FDIC) was established after the great depression. Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers. In the case a bank fails, customers are assured that they would not lose their monies deposited

Competitive dynamics refers to the: a. circumstances in which competitors are aware of the degree of their mutual interdependence resulting from market commonality and resource similarity. b. set of competitive actions and competitive responses the firm takes to build or defend its competitive advantages and to improve its market position. c. ongoing actions and responses among all firms competing within a market for advantageous positions. d. ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

Answers

Answer:

d. ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

Explanation:

Competitive dynamics refers to the ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

This ultimately implies that, competitive dynamics comprises of various competitive actions or activities that a particular company or business firm engages so as to have a competitive advantage over its competitors in the same industry or market. Thus, it avails a business the opportunity to have a better market-share over rival firms.

Which example involves a real-world restriction that can affect your decision-making process?
A. interest in a subject as a child
B. family disputes
C. physical attributes
D. history of careers in the family
(comment the answer, too, please) :)

Answers

Answer: Your answer would most likely be C. Physical attributes.

Explanation:

9.Not Answered 10.Not Answered Question Workspace Which of the following statements is CORRECT? a. If a firm increases its sales while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase. b. An increase in inventories will have no effect on the current ratio. c. A reduction in inventories will have no effect on the current ratio. d. If a firm increases its sales while holding its inventories constant, then, other things held constant, its fixed assets turnover ratio will decline. e. A reduction in the inventory turnover ratio will generally lead to an increase in the ROE.

Answers

Answer:

a. If a firm increases its sales while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase.

Explanation:

Inventory turnover ratio is defined as the number of times that stock is used up during a given period. It determines the number of times a business needs to restock.

For example a business may have to replenish stock twice a year.

The formula is

Inventory turnover ratio = (Cost of goods sold) ÷ (Average Inventory)

If sales increases it will cause an increase in cost of goods sold. That is the numerator in the equation.

As inventory is held constant the denominator rains the same.

So an increase in sales will result in an increase in inventory turnover ratio

Which of the following statements would come from someone classified as unemployed? Question 25 options: I can't stand my current job as a telemarketer. I used to be a nuclear engineer. I'm a full-time student at the University of Illinois who doesn't have time to work. I'm not working because I'm going to Jamaica with my buddy. I'm not working. I had three interviews this week, and I'm trying to find a job. I haven't had a job in a year, and I stopped looking for a job nine months ago.

Answers

Answer:

I'm not working. I had three interviews this week, and I'm trying to find a job.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Natural Rate of Unemployment (NU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Cyclical unemployment rate (CU).

The statement which would come from someone classified as unemployed is; I'm not working. I had three interviews this week, and I'm trying to find a job.

Date
Page
2
2) Marketing is meeting
needs
profitably!
Comment

Answers

Answer:

markeing

Explanation:

communication skills, credentials, honesty

John has the following transactions for the year: Cash received from sales of products $120,000 Cash paid for expenses (except rent and interest) $35,000 Rent paid on a leased building for 18 months beginning December 1 $40,500 Prepaid interest on a bank loan, paid on November 1, for the next 6 months $12,000 Four months' rent received on a leased building, on December 1 $10,000 Instructions: Calculate John's income under the cash basis for his business. You must show your work computations to receive full credit.

Answers

Answer:

John

John's business income, based on a cash basis:

= $42,500

Explanation:

a) Data and Calculations:

Cash received from sales of products                    $120,000

Four months' rent received

on a leased building, on December 1                       $10,000

Total receipts                                                           $130,000

Cash paid for expenses

(except rent and interest)                        $35,000

Rent paid on a leased building

for 18 months beginning December 1    $40,500

Prepaid interest on a bank loan, paid on

November 1, for the next 6 months        $12,000

Total expenses                                                         $87,500

Income                                                                     $42,500

b) Under the cash basis, accounting for a business does not differentiate the period the expenses and revenue are incurred.  The only issue for consideration is the time cash is exchanged.

Someone broke into your apartment and stole all of your stuff. Luckily, you
have renter's insurance. How do you request that your insurance pay for
the lost items?
A. file a claim
B. Write a deductible
C. Submit a powerpoint presentation
D. Prepare a lease

Answers

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Answer: A, file a claim

Explanation:

I hope this helped!

<!> Brainliest is appreciated! <!>

- Zack Slocum

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

Answer:

A. file a claim

Explanation:

The answer is A. If you are on TeachBanzai because I did this a couple months ago and got 100%

Jessica completed a four-year degree program in Finance and Accounting. She hasn't yet gained any work experience in this field. However, she's joined a professional organization. She hopes to get an entry-level job in an audit firm. How can the professional organization help her in her quest?

Answers

Answer:

Explanation:

Networking is crucial the professional organization can help her in her search this person knows that person that knows that person looking for a job that she would qualify for.

Which of the following is NOT a repayment plan option? What is the answer

Answers

The following is NOT a repayment plan is Loan forgiveness repayment plan.

The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.

The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.

The Graduated Repayment Plan: This is a repayment plan option which increases every two years.

The loan forgiveness repayment plan is not a repayment plan option.

For such more question on repayment:

https://brainly.com/question/30281186

#SPJ8

The following question may be like this:

Which of the following is NOT a repayment plan option?

O Extended repayment plan

O Loan forgiveness repayment plan

O Income sensitive repayment plan

O Graduated repayment plan

(24^0)+(4^0). solve this problem fast​

Answers

Answer:

your answer will be 2

Explanation:

hope it helps you..

Answer:

solution : -

[tex]24 {}^{0} + {4}^{0} [/tex][tex]1 + 1[/tex][tex]2[/tex]

Role of risk committee and their members

Answers

Answer:

The Risk Committee (the “Committee”) is an independent committee of the Board of Directors that has, as its sole and exclusive function, responsibility for the oversight of the risk management policies and practices of the Corporation's global operations and oversight of the operation of the Corporation's global risk ...

Explanation:

sna makatulong:)

I need q 4 and 5 please:)

Answers

I can’t see the questions very well

Income received by households through the lending of their money to corporations and business firms is an example of
income.

Answers

Answer:

Interest / Dividend Income

Explanation:

Answer:

Answer for EDGE is C or Interest

Explanation:

Two businesses operate in the same industry,one has an inventory turnoverperiod that is no longer than the industry average.The other has an inventories turnover period that is shorter than the industry average.What is the possible explanation for each business's inventories turnover period rations?

Answers

Answer:

1. The first business has just adequate inventory and sales volume to meet customer need

2. The second business has insufficient inventory and high sales volume.

Explanation:

Inventory turnover period is defined as the time it takes a business to completely sell off its inventory. It represents time before the business will need to replenish goods.

In the situation where inventory turnove rperiod is no longer than the industry average, it means that inventory is neither too much or too little but optimal for the customers.

Also it means there is an optimal sales volumes.

In the situation where inventories turnover period is shorter than the industry average. This implies that there is insufficient inventory or there is fast sales of products.

100 point question + brainliest


Mike Oxmore has 69 apples, Moe Lester has 420, what is the mass of the sun?

Answers

The answer is 489 mass of the sun



.

Answer:

The mass of the sun is -  1.989 x 10 30 kilograms

Also, 69 + 420= 489

Explanation:

Hope this helps?

Have a nice day! <3

When creating a budget, it is best to consider your ______________________ income.


A. Daily
B. Weekly
C. Monthly
D. Yearly

Answers

Answer:

Monthly income

Explanation:

you plan ahead

Answer:

c

Explanation: Monthly income

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Can anyone explain to me what to do here? Cause I don't see any figure beside it ;-; (10k0)(7k1)(6k4) ^ k to the 0 power i need help please and thank you You have 281 kilojoules how many kilocalories is it need to know ASAP Discuss in detail to process in which plants produce and use energy ( -3,12),(14,6) slope Which is greater 1.56 or 1.29 There is a 0.9987 probability that a randomly selected 31-year-old male lives through the year. A life insurance company charges $186 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $100,000 as a death benefit. Complete parts (a) through (c) below. How is an ectotherm most likely to maintain homeostasis during hot weather? O A. By burrowing underground O B. By shivering O C. By sweating O D. By sitting on a warm surface I need help with Spanish.You dont need to translate them. Yvonne had 15 hair accessories and gave away 5. Then she went to thestore and found a great deal which allowed her to buy two for the price ofone. She picked up 8 new accessories. How many does she have now? A person locked or android phone with a swipe code on a phone with a 3 x 3 gridlock thats considered an example where the swipe code must start with the top left button and must pass through two more buttons each executive button is adjacent up down left right or diagonal how many swipe codes are they possibleAnswer 15,18 Everyone learns differently. Some people like to use tools to help them learn math concepts. For others, reading about a concept or watching a video or animation helps them. Many people like to use a combination of these strategies.HELPP Predict the product of this reaction Al(s) + N2(g)-> Some boys and girls are waiting for school buses. 25 girls get on the first bus. The ratio of boys to girls at the stop is now 3 : 2.15 boys get on the second bus. There are now the same number of boys and girls at the bus stop.How many students were originally at the bus stop? Discs and the Internet are unreliable and often slow, and there's nothing quite as distracting as "_____" in the middle of a presentation. I need help with this question for Living environment HELP PLEASEEEEEEEEE A rectangle has a length of (x + 3) centimeters and a width of image x centimeters. If the perimeter is 24 centimeters, what is the length of the rectangle? A. 9 cm B. 3 cm C. 14 cm D. 7 cm PLEASE HELP WILL MARK BRAINLIEST. Give an example of a color that recedes- Give an example of a color that advances-