subject
Business, 20.09.2020 14:01 imthebestatcod

Working off an 16% margin, with markups based on cost, the Food Co-op Club boasts that it has 6,300 members and a 265% increase in sales. The markup is 53% based on cost. What would be its percent markup if selling price were the base? (Round your answer to the nearest hundredth percent.)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:50
Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:
Answers: 2
question
Business, 22.06.2019 14:30
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
question
Business, 22.06.2019 21:20
Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.
Answers: 1
question
Business, 23.06.2019 00:00
Review the key ethical and social issues over the last five decades and place each on the timeline in chronological order. note that once you complete this part of the question, you will be unable to adjust your answers.
Answers: 3
You know the right answer?
Working off an 16% margin, with markups based on cost, the Food Co-op Club boasts that it has 6,300...
Questions
question
Mathematics, 31.10.2020 03:50
question
Social Studies, 31.10.2020 03:50
question
English, 31.10.2020 03:50
question
Mathematics, 31.10.2020 03:50
question
Mathematics, 31.10.2020 03:50
Questions on the website: 13722362