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Q: When A retailer buys 40-metre bolts of cloth for 184.00 What price should he charge per meter to make a profit of 25?
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Explain ga overhead direct labor profit wrap rate?

The "Wrap rate" should be included: a) Direct and Indirect cost / rate (overhead), b) Other procurement service cost, C) Cost of Money (CAS 414), and D) Profit / fee.


How much per cent above the cost price should a shopkeeper mark his goods so as to earn a profit of 26 percent after allowing a discount of 10 percent on the marked price?

40 % markup. 1.40 - 10% (.14) =1.26 where 1.00 is 100% 26% profit


Profit earned by selling an article for Ra 1060 is 20 percent more than the loss incurred by selling the article for Rs 950 At what price should be article be sold to earn 20 percent profit?

Profit = 20% of loss ð 1060 - C.P. = 120/100 (C.P. - 950) ð C.P. = 1000 ð S.P. = 120/100 x 1000 ð 1200 ans.


Why should a firm continue to operate under a short-run period when TR is greater than VC but less than TC?

The firm should continue to operate whenMarginal Revenue (MR) >= Variable Cost (VC = MC)Because it is still making a structural profit per unit, which indicates an economic profit is being made. When making optimal production decisions, one should not include sunk costs, including plant investment, which cause TC >= VC. While the firm will be operating at a loss, it is still achieving a positive cost-benefit outcome.


A person lost 10 percent when he sold goods at Rs153 For how much should he sell them to gain 20 percent?

Selling at Rs153 gives a 10% loss so Rs153 is 90% of cost. So cost is 100*153/90 = Rs170 To make 20% profit he should have sold it for 120/100 * 170 = Rs204

Related questions

Should churches charge for non profit groups?

no


Should a non profit charge sales tax it sells in a church?

It depends what you really mean. It all boils down to whom is doing the BUYING. If it is the church BUYING, then they are not charged tax because they are a non-profit organization. If someone else is buying who is not a non-profit organization (a for-profit organization or an individual) than they have to pay sales tax. It does not matter that the church is doing the selling (or that you are doing the selling on church grounds) what matters is whether the person or organization buying the goods is tax exempt (non-profit) or not. Note that the church or any other retailer or seller needs to charge tax on behaf of the state and they are required to give the tax money to the state.


How much is snowcone syrup?

Charge them for about the same amount you bought the items with and decide if you should charge them for more for profit


How much do you charge to make a vegetable platter for 25 people?

You should charge enough to cover the cost of materials, labor, and overhead expenses, plus a reasonable profit.


How do you become a carhartt retailer?

In order to become a Carhartt retailer, you will need to contact the person in charge of retail within their corporate offices to get basic information and set up a meeting. Following the meeting, you should have an attorney look over all of the paper work to ensure it's correct.


What is the Hubbart formula connection with the food and beverage?

Basically, the Hubbar Formula would give you an estimate as to what price you should charge, what Revenues you should earn and what your Average Check should be, given your costs and the desired profit.


Should you calculate the profit on cost or Sales?

We should calculate the profit on sales


How much should i charge a retailer to standby at a fashion show to assist the models with alterations?

That depends on how the fashion show is. Since not all shows are very long, you may want to stick to a flat rate for the event. Between the $100-$150 range would be ideal if the retailer has a good budget to work with.


What service charges should be classified when a retailer regularly sells its receivables to a factor?

Selling expense is what the charges should be classified when a retailer regularly sells its receivables to a factor.


Which preposition should be used with the word PROFIT?

what peposition with word profit


What should a new court researcher charge?

A new court researcher should likely charge competitive rates since he will need to obtain work despite the presence of more experienced players in the market. He should investigate the existing market in his area to ascertain what the going rate is. He should try to negotiate work in that ballpark and adjust his rates as necessary to obtain work and maximize profit.


How much does the average Kawasaki dirt bike cost to make?

Given that the retail cost is around $3,000 for base models, the average cost to produce one should be 5-10% less than that (5-10% is the average retailer's profit for such vehicles, so the manufacturer's costs should be below that).