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If selling price of 16 items is same as the cost price of 20 items then there is a?
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How do you calculate cost price when selling price is given and profit percentage is same as cost price?
If the selling price is S then, under the given conditions, the cost price is 0.5*[-100 + sqrt(10000 - 400*S)] = 5*sqrt(100 + 4*S) - 50
Why increase in selling price doesnt increase profit?
It is simple that if the selling price is increased more then of cost increase then profit will increase but if selling price increased less then cost increased then there will be less profit or selling price increased in same proportion to cost increased then there may be no increase in profit. Besides that there may be so many other reasons for that.
How do you find equilibrium price when given output and total cost?
The equilibrium price is the unit cost, which is the same as the total cost divided by the number of units produced (output).
If six items cost one dollar and 20 cents how much would four items cost?
Assuming each item is the same price, there are a couple of ways you can do this problem. One is: Divide $1.20 by six to find the cost of 1 item and then muliply that number by 4. $1.20 divided by 6 is 20 cents. 20 cents times 4 is 80 cents.
If selling prices sales mix and cost structure remain the same do profits and sales increase using variable costing?
Equal
Is selling price and total variable cost the same?
Selling price = Total Cost (Total Variable cost + Total fixed cost) + profit margin
Does marginal profit and selling price mean the same thing?
Only if it cost you nothing in the first place. Profit is selling price less cost.
How do you calculate cost price when selling price is given and profit percentage is same as cost price?
If the selling price is S then, under the given conditions, the cost price is 0.5*[-100 + sqrt(10000 - 400*S)] = 5*sqrt(100 + 4*S) - 50
How does gross profit margin increase?
Increase in the price at which you SELL the good if the cost price at which you BOUGHT/PRODUCED the good remains the same or Decreased Cost Price with a Stable Selling Price. Basically anything that would result in the difference between the Selling Price and Cost Price increasing favourably.
Why increase in selling price doesnt increase profit?
It is simple that if the selling price is increased more then of cost increase then profit will increase but if selling price increased less then cost increased then there will be less profit or selling price increased in same proportion to cost increased then there may be no increase in profit. Besides that there may be so many other reasons for that.
Assuming the same percentage is used in each case what is higher a Markup based on selling price b Markup based on cost?
D
What are the Kinds of dumping and its definition?
F Dumping ⇔ international price discrimination » Selling same product at different prices, at home and abroad F GATT/WTO definition » Selling in the foreign market at price < price in home market F US and alternative GATT/WTO definition » Selling in the foreign market at price < "fair market value" which is often taken to mean < "normal average cost
What is the diffeference between the retailers cost and the selling cost?
The retailers cost is what they paid the manufacturer for an item. The selling cost is what the retailer charges the buying public for the same item.
What is a domestic transaction?
A domestic transactionis the selling of items produced in the same country.
If average total cost is decreasing as more and more units are produced then marginal cost must be?
Going up as well. You will be making more money because you are spending less while still selling at the same price.
If a 500 lb steer costs 91.58 and is sold at 1225 lbs then how much will the selling price and cost of gain be?
Your numbers seem to be off a bit. $100 for a 500lb steer sounds quite low. Or is that 91.58/100?What is the price per pound at the selling price. It is not necessarily that a 1225 pound steer would be sold at the same price per pound as a 500 lb steer. And, with time, the market can go anywhere.Once you have the total prices or price per pound for the buying and selling price, then you can calculate the profits.
Margin vs markup?
margin vs markup As every coin has two sides, likewise, margin and markup are two accounting terms which refers to the two ways of looking at business profit. When the profit is addressed as the percentage of sales, it is called profit margin. Conversely, when profit is addressed as a percentage of cost, it is called as markup. While markup is nothing but an amount by which the cost of the product is increased by the seller to cover the expenses and profit and arrive at its selling price. On the other hand, the margin is simply the percentage of selling price i.e. profit. It is the difference between the selling price and cost price of the product. The terms margin and markup are very commonly juxtaposed by many accounting students, however, they are not one and the same thing. Content: Markup Vs Margin Comparison Chart Definition Key Differences Conclusion
