Selling Price – Knowsia

FA – May 2012 – L1 – SA – Q26 – Accounting Concepts

Calculating the mark-up percentage based on selling price.

Question

A computer company operating retail stores in six cities in Nigeria invoices goods to the branches at cost plus a mark-up of 25%. What is the mark-up percentage on the selling price?

Answer

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Tags: Mark-Up, Selling Price
Level: Level 1

Topic: Accounting Concepts
Series: MAY 2012

FA – Nov 2011 – L1 – SA – Q12 – Accounting Concepts

This question asks about the term used for profit expressed as a percentage of the selling price.

Question

Profit expressed as a percentage of selling price is known as?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Profit Margins, Selling Price
Level: Level 1

Topic: Accounting Concepts
Series: NOV 2011

MI – Nov 2020 – L1 – SA – Q2 – Cost-Volume-Profit (CVP) Analysis, Break-Even Point

Calculate the total fixed costs using the break-even point and contribution margin.

Question

Given breakeven point of 6,000 units, unit selling price of N90, and unit variable cost of N40, the total fixed cost is:

A. N240,000

B. N300,000

C. N360,000

D. N540,000

E. N600,000

Answer

Find Related Questions by Tags, levels, etc.

Tags: Break-even, Fixed Costs, Selling Price, Variable Costs
Level: Level 1

Topic: Cost-Volume-Profit (CVP) Analysis
Series: NOV 2020

FA – May 2012 – L1 – SA – Q26 – Accounting Concepts

Calculating the mark-up percentage based on selling price.

Question

A computer company operating retail stores in six cities in Nigeria invoices goods to the branches at cost plus a mark-up of 25%. What is the mark-up percentage on the selling price?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Mark-Up, Selling Price
Level: Level 1

Topic: Accounting Concepts
Series: MAY 2012

FA – Nov 2011 – L1 – SA – Q12 – Accounting Concepts

This question asks about the term used for profit expressed as a percentage of the selling price.

Question

Profit expressed as a percentage of selling price is known as?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Profit Margins, Selling Price
Level: Level 1

Topic: Accounting Concepts
Series: NOV 2011

MI – Nov 2020 – L1 – SA – Q2 – Cost-Volume-Profit (CVP) Analysis, Break-Even Point

Calculate the total fixed costs using the break-even point and contribution margin.

Question

Given breakeven point of 6,000 units, unit selling price of N90, and unit variable cost of N40, the total fixed cost is:

A. N240,000

B. N300,000

C. N360,000

D. N540,000

E. N600,000

Answer

Find Related Questions by Tags, levels, etc.

Tags: Break-even, Fixed Costs, Selling Price, Variable Costs
Level: Level 1

Topic: Cost-Volume-Profit (CVP) Analysis
Series: NOV 2020

Question Tag: Selling Price

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FA – May 2012 – L1 – SA – Q26 – Accounting Concepts

Calculating the mark-up percentage based on selling price.

FA – Nov 2011 – L1 – SA – Q12 – Accounting Concepts

This question asks about the term used for profit expressed as a percentage of the selling price.

MI – Nov 2020 – L1 – SA – Q2 – Cost-Volume-Profit (CVP) Analysis, Break-Even Point

Calculate the total fixed costs using the break-even point and contribution margin.

FA – May 2012 – L1 – SA – Q26 – Accounting Concepts

Calculating the mark-up percentage based on selling price.

FA – Nov 2011 – L1 – SA – Q12 – Accounting Concepts

This question asks about the term used for profit expressed as a percentage of the selling price.

MI – Nov 2020 – L1 – SA – Q2 – Cost-Volume-Profit (CVP) Analysis, Break-Even Point

Calculate the total fixed costs using the break-even point and contribution margin.

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