Business Math Question Help? - glidden paint 10 accent wall color ideas
With the concept of pricing based on cost:
P = price, C = cost, Mc = profit margin on the cost, Ms = margin on sales
Price (S) = Cost (C) + Gain (P)
S = C + MC * S = C or C + M * S
Price marking - on the basis of cost or selling price:
S = C + MC * C or C = S (1 + mc)
S = C + M * S or S = C / (1-MS)
Mc = MS / (MS-1) = Ms Mc / (Mc = 1)
Wal-Mart sold the painting at a price of $ 25.00 per gallon. They buy the Glidden paint from a wholesaler for $ 15.00. What is the profit margin of Wal-Mart
(Glidden is the owner), the variable cost is $ 5.00 for the manufacture of paint, the cost of the labeling of 30%. What is the dealer paid for the picture?
What is the profit margin in the wholesale price? What is the profit margin on the wholesale cost?
"Glidden total fixed costs" for the production ofng of the painting is $ 250,000.00. How many gallons to break, which they sell themselves?
Ford gains from the sale of new Thunderbird is $ 10,000.00. When the costs at Ford is $ 18,000.00 to the Ford dealer if the new Thunderbird is marked sold for € 38.000,00?


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