Multiple Choice
A markup of 33% based on cost is desired for a load of 800 bushels of peanuts. They were purchased at $5.85 per bushel. What should the selling price per bushel be after adjusting for an anticipated 21% spoilage rate? (Round answer to the nearest cent)
A) $7.78
B) $3.91
C) $10.56
D) $9.85
Correct Answer:
Verified
Correct Answer:
Verified
Q93: Calculate the corresponding percent markup, rounding
Q94: Calculate the missing information, rounding dollars
Q95: After Big Al's Sport Shop adds a
Q96: A purchaser just paid $48,727.27 for a
Q97: Find the cost of a radio that
Q99: For any given item, the percent markup
Q100: Find the markup on a computer system
Q101: Operating expenses are known as overhead expenses.
Q102: A suit that originally sold for $120
Q103: At a clearance sale, everything has been