The markup rate of furniture at Al's Furniture Barn is 48%. If the markup amount on an armchair is $123, what is the cost of the armchair?
A) $256.25
B) $186.96
C) $159.04
D) $59.04
A
You might also like to view...
If an investor has the right to retire the bonds, they are referred to as callable
a. True b. False Indicate whether the statement is true or false
Explain the concept of climcult.
What will be an ideal response?
The lack of information sharing between the retailer and manufacturer
A) improves supply chain coordination. B) minimizes the fluctuation in manufacturer orders. C) leads to a large fluctuation in manufacturer orders. D) leads to smaller fluctuations in suppliers' orders.
Fackler Company's quality cost report is to be based on the following data: Quality circles$12,000Product recalls$24,000Supplies used in testing and inspection$87,000Net cost of scrap$59,000Liability arising from defective products$38,000Re-entering data because of keying errors$65,000Debugging software errors$19,000Test and inspection of incoming materials$65,000Quality data gathering, analysis, and reporting$55,000? ?What would be the total appraisal cost appearing on the quality cost report?
A. $130,000 B. $219,000 C. $152,000 D. $146,000