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Washburn introduced the Limited Edition EA27 Gregg Allman Signature Series Festival guitar-only 500 guitars were produced with a selling price of $1,449.90. If Washburn’s markup is 35% on selling price, what was Washburn’s total cost for the 500 guitars?
Weegy: $978,682.50 is the total cost for the 500 guitars if 35% markup was applied to the original selling price. [smile] (More)
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Expert Answered
Asked 6/5/2012 10:45:54 PM
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Retailers purchased $511 million worth of guitars which is about 861,300 guitars. (a) What would be the average selling price of the guitar? (b) Based on the average selling pirce, if manufacturer's markup on cost is 40%, what would be the average cost?
Weegy: a. average selling price of a guitar=$511million / 861,300=$593.289214; b. $593.289214x40%=$237.3156856 Therefore average selling price = $593 ; average cost if manufacturer's markup on cost is 40% = $237 (answers). (More)
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Asked 6/5/2012 11:11:55 PM
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A Model M3SWE mandolin has a list price of $1,299.90, with a chain discount of 5/3/2. (a) What would be the trade discount amount? (b) What would be the net price?
Weegy: The trade discount amount would be 1299.9 x .95 = 1234.905 / 11.97.85 / 1173.90 The net price is $1173.90 User: A purchase was made of 2 Model J282DL six-string acoustic guitars at $779.90 each, with cases priced at $159.90, and 3 Model EA10 festival series acoustic-electric guitars at $729.90, with cases listed at $149.90. If sales tax is 6%, what is the total cost? (More)
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Asked 6/6/2012 6:31:56 PM
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A purchase was made of 2 Model J282DL six-string acoustic guitars at $779.90 each, with cases priced at $159.90, and 3 Model EA10 festival series acoustic-electric guitars at $729.90, with cases listed at $149.90. If sales tax is 6%, what is the total cost?
Weegy: The total cost including sales tax is $4832.54 User: When Rudy Schlacher took over Washburn in 1976 about 250 guitars were produced per month and now 15,000 are produced each month. Production of guitars has increased by what percent since Rudy Schlacher took over Washburn? Weegy: 2 out of 10 is 20% (More)
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Asked 6/6/2012 6:43:36 PM
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