MATH

1) A certain radio costs a merchant $72, which includes overhead and selling expenses. At what price must he sell it if he is to make a profit of 20% on the selling price?

a) $86.40 b) $90 c) $92 d)$144
e)none of these answers

2) Daniel gave 4/5 of his stickers to Javier. Javier's collection of stickers increased to 64. If Javier had 28 stickers in the beginning, how many stickers did Daniel have in the beginning?

Please help and thank you in advance.

  1. 👍 0
  2. 👎 0
  3. 👁 566
  1. profit = .2 S
    cost = 72

    72 + .2 s = s

    72 = .8 s

    s = 90
    ===============================

    Javier had J = 28

    28 + (4/5) D = 64

    (4/5) D = 36

    D = 45

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. Personal Finance

    Check my work pls. 1. The components of ___ are variable costs and fixed costs. A. Entire cost B. Total cost* C. Complete cost D. Required cost 2. What is the margin of safety? A. How much sales can fall before a business starts

  2. accounting

    Logan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 38,000 direct labor-hours would be required for the period’s estimated level of

  3. accounting

    Looking at this question and not sure why fixed cost is 2,000 and not 6,000. ********** Galley Industries can produce 100 units of necessary component parts with the following costs: Direct Materials $20,000 Direct Labor 9,000

  4. accounting

    A company has an overhead application rate of 125% of direct labor costs. How much overhead would be allocated to a job if it required total direct labor cost of $20,000? $5,000. $16,000. $25,000. $125,000. $250,000. The R&R

  1. cost accounting

    The East Company manufactures several different products. Unit costs associated with Product ORD203 are as follows: Direct materials $50 Direct manufacturing labor 8 Variable manufacturing overhead 10 Fixed manufacturing overhead

  2. Finance

    Personal Finance school can you check my answers? 1. The two components of are variable costs and fixed costs. Entire cost Total cost* Complete cost Required cost 2. What is the margin of safety? How much sales can fall before a

  3. accounting

    Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 20,000 direct labor-hours would be required for the period? estimated level of

  4. Algebra 2

    A function is created to represent the costs of living per person in the family. What restrictions would be made to the domain? A-domain includes positive integers B- domain includes positive numbers C-domain includes all real

  1. Accounting

    The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours @ $.80 per hour Variable overhead 3

  2. ACCOUNTING

    Gardner Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid on each unit sold. Variable manufacturing costs are $60 per unit. Fixed manufacturing costs are $20 per

  3. accouting

    Nancy Company has budgeted sales of $300,000 with the following budgeted costs: Direct materials $60,000 Direct manufacturing labor 40,000 Factory overhead Variable 30,000 Fixed 50,000 Selling and administrative expenses Variable

  4. accounting

    Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city’s crowded streets that it sells for 717 rupees. (Indian currency is denominated in rupees, denoted by Picture.) Selected data for

You can view more similar questions or ask a new question.